As per industry reports, the ship management sector in India is seemingly poised for a compounded annual growth rate of more than six per cent over the coming years. Presently, around 153 large and midsized firms are operating in the maritime industry across the country. The ship management firms handle crewing, regulatory, and technical activities on behalf of the shipowners. Kolkata has been a significant hub for such firms in India for decades. Reportedly, many maritime associations of shipowners, ship managers, and agents’ members operate from Kolkata. Most of the firms are either subsidiaries of Indian operations or global vessel management majors based in Europe and the United States.