Samsung Heavy Industries has signed a memorandum of understanding with India’s Swan Defence to collaborate in shipbuilding and offshore engineering. This partnership will enhance engineering, procurement, and project management efforts, leveraging Swan Defence’s infrastructure. It aligns with India’s significant investments in the maritime sector, positioning the country as a global player.
The Indian Maritime University (IMU) has signed a pivotal Memorandum of Understanding with CMA Ships India Pvt. Ltd. This partnership aims to enhance academic collaboration, promote research, and facilitate internship opportunities for students. Vice Chancellor Malini Shankar emphasized the importance of bridging education with industry challenges for improved career prospects.
Paradip Port Authority (PPA) in Odisha has achieved a remarkable milestone by handling 75 million metric tonnes (MMT) of cargo this financial year, setting a record for Indian ports. This achievement, reached on September 26, 2025, reflects a 5.03% increase from the previous year, showcasing exceptional operational efficiency.
Odisha is poised to boost its port-led industrialization strategy, targeting investments of around Rs 1 lakh crore under the Purvodaya vision. Industries Minister Sampad Chandra Swain announced this during a Paradip Port roadshow, emphasizing the state’s strategic coastline and plans for new ports and maritime hubs to enhance trade capacity.
The Indian Ports Act, 2025, modernizes the 1908 legislation, focusing on integrated port development and cooperative federalism. Key features include the Maritime State Development Council for improved coordination, adherence to Global Green Norms, and enhanced governance. The Act aims to transform India’s coastline into a hub for growth and innovation.
Andhra Pradesh is set to become a maritime powerhouse with its new shipbuilding and allied industries policy, designed to attract private investments. Offering fiscal incentives like capital subsidies and SGST reimbursements, the initiative promises to create a diverse industrial ecosystem, generate employment, and leverage the state’s strategic coastal resources.
India’s inaugural Maritime Simulation Centre was launched at AMET Knowledge Park near Chennai by Union Shipping Minister Sarbananda Sonowal. This ₹13.5 crore facility, a collaboration between AMET and A.P. Moller-Maersk, features advanced simulators and AR/VR labs, enhancing maritime training for cadets and bridging academic education with real-world application.
The Indian government has launched a ₹70,000 crore initiative to revitalize its shipping sector, as announced by Shipping Minister Sarbananda Sonowal. Drawing inspiration from Korea and Japan, the plan aims to enhance domestic shipbuilding and create a robust maritime hub, fostering innovation and infrastructure to ensure sustainable growth and job creation.
On World Maritime Day, former Odisha Chief Minister Naveen Patnaik underscored the significance of sustainable shipping, celebrating Odisha’s maritime heritage. He urged collective action for eco-friendly practices in shipping, highlighting the state’s historical role in seaborne trade. Meanwhile, the Union Cabinet approved a ₹69,725 crore package to boost India’s maritime sector.
Seatrium Offshore Technology has signed a Memorandum of Understanding with Cochin Shipyard Limited to strengthen offshore collaboration in India and Asia. This partnership focuses on maintenance, repair, and overhaul projects, aiming to leverage local expertise and engineering capabilities to enhance offshore asset solutions and support regional energy transitions.
In September 2025, Adani Krishnapatnam Port Limited marked significant achievements, enhancing its standing on India’s eastern seaboard. The MV Eurybia set a discharge record of 61,500 MT in 24 hours, while the first shipment of Rock Phosphate by MV Glamor underscored AKPL’s operational excellence and commitment to customer service.
On World Maritime Day, Odisha Chief Minister Mohan Majhi celebrated the state’s rich maritime heritage and the bravery of Sadhab Pua, who helped carry Odisha’s glory across the seas. He emphasized the strategic importance of Paradip Port and expressed optimism for the future with the upcoming Bahuda Port, aiming for sustainable maritime growth.
In a significant step to boost India’s maritime economy, the Union Cabinet approved a ₹69,725 crore reform package to modernize the shipbuilding industry. Union Minister Ashwini Vaishnaw emphasized the initiative’s goal: positioning India as a global hub for shipbuilding, thereby generating jobs and investment opportunities.
Swan Defence and Heavy Industries Limited (SDHI) has signed a Memorandum of Understanding with Royal IHC to design and build offshore vessels in India. This collaboration aims to enhance indigenous shipbuilding capabilities, supporting the government’s Make in India initiative. Both companies are poised to meet growing global energy demands.
In a strategic move to elevate India’s shipbuilding status, Andhra Pradesh and the Visakhapatnam Port Authority have signed an MoU to establish a National Mega Shipbuilding Cluster in Dugarajapatnam. This initiative aims to enhance shipbuilding capacity, attract investments, and generate jobs, marking a significant milestone in India’s maritime development.
