IMF fears on DG Shipping order of premature retirement of 700 vessels causing more than 20,000 seafarers jobless June 26, 2025 Maritime, Seafarers, Shipping, Shipping Line, Trending News MUMBAI : Over 700 Indian-flagged vessels, many serving coastal and near-shore routes, could be retired prematurely due to age-based restrictions imposed by the Directorate General of Shipping (DG Shipping), threatening the jobs of more