India’s Maritime Sector Set for Major Expansion

Recently Ports and shipping in India have gained significant attention, with a ₹69,725 crore package approved to revitalize the maritime sector. The initiative aims to enhance domestic shipbuilding, improve financing options, develop shipyards, and upgrade technical skills, fostering a robust infrastructure for India’s competitiveness in the global shipping industry.

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Minister Sonowal flags off India-flagged gas carrier Shivalik at Visakhapatnam port

India-Flagged Gas Carrier Shivalik Joins Shipping Corporation of India Fleet

Union Minister Sarbananda Sonowal inaugurated the gas carrier Shivalik at Visakhapatnam Port, marking its debut under the Indian flag. Acquired by the Shipping Corporation of India, the Shivalik enhances India’s LPG logistics. Sonowal emphasized this achievement within the context of the nation’s maritime ambitions and the Atmanirbhar Bharat vision.

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Swedish fuel cells chosen for World’s first hydrogen-powered bulk carriers

Groundbreaking Hydrogen Fuel Cells to Propel World’s First Zero-emission Bulk Carriers

PowerCell, a Swedish fuel cell company, has secured a SEK 40 million contract to supply two innovative hydrogen-powered bulk carriers with zero-emission systems. Set to deliver 14 Marine System 225 units by 2027, these vessels will be powered entirely by renewable hydrogen, marking a historic step toward sustainable shipping and climate action.

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IMO Supports Pacific One-Maritime Framework to Strengthen Regional Maritime Collaboration

The International Maritime Organization (IMO) is supporting Pacific Island countries in implementing the Pacific One-Maritime Framework (POMF). This initiative aims to improve maritime safety, security, and equitable shipping access. Recent meetings in Fiji focused on the draft Implementation Plan and regional collaboration, enhancing capacity development across the Pacific.

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Govt Directors step down from India Ports Global as US sanctions hit Chabahar

Government Directors Step Down from IPGL Over Sanctions Concerns

India’s ambitions at Iran’s Chabahar Port face setbacks after the resignation of all government-appointed directors from India Ports Global Ltd amid new US sanctions. With a critical compliance deadline approaching, officials must navigate the dual pressures of financial commitments and geopolitical risks, complicating their strategic initiatives in the region.

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