The Directorate General of Shipping, Mumbai, under the Ministry of Ports, Shipping and Waterways, issued a decision dated April 10, 2026, granting the Islamic Protection & Indemnity Club, Dubai authorization to operate as a non-International Group (Non-IG) Protection and Indemnity (P&I) insurer for vessels in Indian waters until February 19, 2027.
According to the official letter, the approval falls under Category II of insurers, in line with the 2012 regulations governing the entry of vessels into Indian ports, anchorages, and offshore facilities. The club is required to comply with all conditions outlined in the attached annex.
The Directorate confirmed that the competent authority reserves the right to suspend, withdraw, or amend the approval at any time, subject to due process.
Conditions Attached to the Approval As per the annex:
• All statutory and classification certificates for vessels entered with the club must remain valid during their stay or transit in Indian waters.
• Certificates of entry issued by the club must remain valid and be issued solely by the club, without delegation.
• Any amendments to the club’s rules, particularly those related to liabilities, must be promptly reported.
• Audited financial statements must be submitted annually, along with details of claims, if any.
• Any changes in local correspondents or maritime legal representatives must be reported.
• Annual data on the number of vessels and their gross tonnage must be provided.
• Vessels must comply with all applicable regulations while in Indian waters.
• No adverse reports should be recorded against the company during the approval period.
• In the event of insolvency or liquidation, all liabilities must be honored, including ongoing claims.
• An electronic verification system for certificates of entry and Blue Cards must be maintained.
The letter also requests acknowledgment of receipt from the concerned party.
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