The arbitration involving Indian players is now heard at the Singapore Arbitration Centre. The idea is to create a world-class arbitration centre focussed on maritime and shipping disputes that can help resolve commercial and financial conflicts between entities having operations in India.
The Indian Maritime sector has been consistently exhibiting strong growth and is slated to be the maritime market of the future. The establishment of Gujarat Maritime University (GMU) is an endeavour by the Gujarat Maritime Board to provide a fillip to this growth by bridging the knowledge gap within the industry. The prime objective of GMU is to be a global centre of excellence in maritime education, research and development, professional training and it aims to enhance and increase the human capital and capacity of maritime industry both in India and across the globe.
The aspiration of GMU is to serve the global maritime community by producing educated and well trained professionals in the maritime domain.
Gujarat Maritime University would be the only University in India to offer programs across the entire value chain of the maritime industry encompassing both commercial and technical areas. In the first phase, the University plans to offer programs catering to the commercial aspects of Maritime value chain like maritime law, shipping finance and economics, maritime management, logistics, ship broking, ship finance, chartering, ship management just to name a few. This first phase will also have short-term Executive Development Programs and Management Development Programs. The second phase will focus on the technical aspects.