Focus: Facts for prelims
Why in News?
The Prime Minister, has recalled India’s glorious maritime history on National Maritime Day.
About National Maritime Day:
- Every year on April 5th, National Maritime Day commemorates the first journey of the first Indian flag merchant vessel, the ‘S.S LOYALTY,’ from Mumbai to London on April 5th, 1919.
Theme of National Maritime Day 2024:
- The theme for National Maritime Day 2023 is “Sustainable Shipping: Challenges and Opportunities.”
Significance:
- It is commemorated in order to promote India’s merchant shipping industry.
- The shipping industry makes a significant contribution to the country’s economy.
- Currently, maritime transport accounts for 90 percent of India’s international commerce volume and 77 percent of its value.