HD Korea Shipbuilding and Offshore Engineering has signed a $4 billion MOU with Tamil Nadu and Sagarmala Finance Corporation to establish a greenfield shipyard in Thoothukudi. This marks the first foreign-owned shipyard in India, with a production capacity of 3.5 to 4 million tonnes, aimed at enhancing the local shipbuilding ecosystem.
The UK government has pledged £271 million to speed up cleaner shipping technologies and low-emission vessels, aiming to decarbonize the maritime sector. This funding will foster the development of sustainable maritime technologies and infrastructure, supporting emissions reduction and job creation in coastal communities, while enhancing the industry’s environmental responsibility.
The Global Maritime Forum has joined the Green Ports and Shipping Network, launched to promote low- and zero-carbon marine fuels in India. Introduced at the 3rd Green Hydrogen India Symposium, this initiative unites stakeholders in developing strategies for green hydrogen, ammonia, and methanol, aiming to enhance India’s maritime energy transition.
Germany’s maritime industry is pioneering sustainable shipping, establishing high environmental standards in global trade. By embracing alternative fuels like LNG and hydrogen, implementing shore power systems, and utilizing smart shipping technologies, German ports and companies are significantly reducing emissions. This commitment, supported by government policies, showcases a balanced approach to economic growth and environmental stewardship.
Wärtsilä remains optimistic about the decarbonisation of marine traffic, despite delays in establishing a global carbon price, according to CEO Hakan Agnevall. The Finnish firm has invested in emissions reduction technologies and anticipates rising demand from the International Maritime Organisation’s climate plan, even as third-quarter orders dipped slightly.
This year’s World Maritime Day, celebrated on September 25, emphasizes “Our Ocean, Our Obligation, Our Opportunity.” The Maritime and Coastguard Agency (MCA) underscores the UK’s commitment to maritime safety and environmental protection. Innovations in cadet training and technological advancements in search and rescue highlight ongoing efforts to support seafarers and protect marine environments.
During the Day of the Seafarers 2025 celebration, President Ferdinand Marcos Jr. reaffirmed his commitment to safeguarding the rights of Filipino seafarers. He emphasized their exceptional skills and resilience, highlighting the need for improved maritime education and better deployment conditions. The theme, “My Harassment-Free Ship Campaign,” promotes zero tolerance for abuse.
Key government agencies overseeing the maritime industry united to protect Filipino seafarers by signing the Pledge of Commitment. Led by Rep. Ron Salo, officials like Undersecretary Felicitas Bay and Secretary Enrique Manalo emphasized the importance of upholding seafarers’ rights. The Magna Carta of Filipino Seafarers aims to address issues like ambulance-chasing and ensure fair treatment for seafarers.
The Mediterranean Shipping Company (MSC) is expanding its commitment to India’s maritime sector, following CEO Soren Toft’s recent meeting with Union Minister Sarbananda Sonowal. They discussed investment opportunities in logistics, shipbuilding, and cruise tourism, aligning with initiatives like the Sagarmala Project and the ‘Make in India’ campaign to strengthen local capabilities.
