27/08/2026
India's maritime financing gap is well documented. What has been missing is a forum where the regulatory answer could be worked out.
On 21 August 2026, the Research and Information System for Developing Countries (RIS) convened a brainstorming session in Mumbai on "Tokenisation of Maritime Assets: A Case for Fractional Ship Owning".
The room brought together the Ministry of Ports, Shipping and Waterways, Ministry of External Affairs, Government of India , Ministry of Electronics & Information Technology, Government of India, Shipping Corporation of India, Department of Economic Affairs, Directorate General of Maritime Administration, SEBI, IFSCA, RBI Says, GIFT City, National Payments Corporation of India (NPCI), CMEC, alongside shipowners, classification, legal, seafaring and industry bodies.
Shipfinex was represented by Capt. Vikas Pandey, Founder & CEO, Ravi Shankar, FICS, Co-founder & CCO, and Kawal Arora, Co-Founder & CTO, across close to eight hours of deliberation.
The questions were structural: how registry and distributed ledger infrastructure interact, how title and economic rights are recognised, what investor protection mechanisms are required, and what a phased path to implementation could look like.
None of that is settled by writing software. It is settled by institutions, regulation and informed industry dialogue.
India has the tonnage ambition, seafaring depth and financial-centre architecture to play a meaningful role in shaping maritime asset tokenisation.
Our thanks to RIS and CMEC for convening the session.