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The Indian National Ship Owners’ Association (INSA) is the apex body representing and protecting the interests of ship owners across India. The organisation was created with the objective of integrating the Indian shipping industry with the global economy.
In 1929 the organisation was incorporated with seven company members and four individual members. At present, this organisation which is a non-profit body has 36 members.
INSA was established with the objective of promoting the overall development of the industry and pursuing the aspect of improvement in profitability of its member companies and in turn their investors.
The primary objectives of INSA are summarised as follows.
- Coordinating activities with various other shipping associations, chambers and federations in India and abroad
- Organising conferences, seminars and meetings to analyse important information about the industry
- Extending support to research institutions and universities
- Taking measures and influencing government policies to benefit ship owners in the country
- Publishing journals and periodicals for spreading awareness.
The members of the INSA can raise issues pertaining to the shipping industry and influence policy amendments. They get a platform to interact with shipping companies from across the world and share the industry best practices to enhance business prospects.
