World Maritime Day
Tags: Important Days
Every year, on 24 September, World Maritime Day is observed by the International Maritime Organization (IMO) and other international organizations.
World Maritime Day was first observed in March 1978. At that time it was celebrated to mark the IMO Convention.
The IMO Convention was adopted in 1948 at the International Conference held in Geneva.
Earlier the IMO was called the Inter-Governmental Maritime Consultative Organization.
Significance of the day
About 80 percent of the world's trade takes place through the sea.
It provides low-cost transportation of goods and is thus vital for promoting sustainable maritime development.
India celebrates its Maritime Day on 5th April. It was celebrated for the first time in 1964.
The Indo-Pacific Initiative is India's current maritime initiative. The initiative is supported by Australia, Japan and Thailand.
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