Ship Leasing Boom Signals New Momentum for Maritime India

In September, India’s maritime sector made notable strides as the government advanced its Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047. With 38 registered ship lessors managing 43 vessels, including 24 under the Indian flag, Union Shipping Minister Sarbananda Sonowal highlighted these developments at the India Ship Leasing Summit.

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The Chowgule Shipyard begins the construction of the first air cushion vehicle in India built in Germany

Chowgule Shipyard to Build Two Hydrogen-Powered Cargo Vessels

Chowgule and Company’s Shipbuilding Division has signed a contract with Green Maritime Infrastructure to construct two hydrogen-powered cargo vessels at its Goa shipyard. This project, unveiled at the SMM Hamburg 2026 event, underscores a commitment to sustainable shipping, utilizing hydrogen fuel-cell technology for enhanced environmental performance.

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Consortium Launches WINTEGRATE To Accelerate Wind

WINTEGRATE Project Launched in Norway to Advance Wind-Powered Shipping

Kongsberg Maritime has launched the WINTEGRATE project, partnering with leading Norwegian maritime firms and research institutions to enhance wind propulsion in commercial shipping. Funded by Norway’s Green Platform program, the initiative aims to integrate Wind Assisted Propulsion Systems with existing technology, improving fuel efficiency and reducing emissions for new and retrofitted vessels.

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Cochin Shipyard has teamed up with Maersk to explore the repair and shipbuilding options in India

India Sets Sights to be Among Top Five Global Shipbuilding Nations by 2047

India aspires to rank among the top five shipbuilding nations by 2047, increasing its capacity to 4.5 million gross tonnes. At the SMM Hamburg event, Shipping Secretary Vijay Kumar outlined a strategy that includes a €7 billion support package and emphasizes sustainability and collaboration with European maritime companies for innovative green shipping solutions.

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IMO Urges Restraint as Hormuz Crisis Deepens

IMO Calls for Action on Shipping’s Green Transition

At the International Maritime Organization gathering, the Secretary-General reaffirmed that decarbonisation remains a critical priority, despite diminished media attention. He urged early investment in green technologies, warning that failing to act could jeopardize the industry’s future. Emphasizing collaboration, he called for proactive involvement from younger professionals in shaping sustainable shipping policies.

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Singapore And Brazil To Develop Green And Digital

Singapore and Brazil Unite to Decarbonize Global Shipping

Singapore and Brazil have signed a Memorandum of Understanding to establish the Singapore-Brazil Green and Digital Shipping Corridor. This collaboration aims to harness Brazil’s renewable energy for zero-emission marine fuels and leverage Singapore’s position as a global maritime hub, enhancing sustainability and efficiency through innovative technologies and information exchanges.

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DPA Kandla Wins Sagar Aankalan Award For Excellence In Container Cargo Handling

Collaboration to Advance LNG Bunkering at Kandla Port

GAIL (India) Limited, the Deendayal Port Authority, and DNV have formed a Tripartite Cooperation Agreement to establish an LNG bunkering facility at Kandla Port. This collaboration combines LNG expertise, strategic port infrastructure, and maritime safety knowledge, significantly enhancing LNG capabilities and promoting cleaner marine fuels in line with India’s sustainability goals.

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Three major ports recognised as green hydrogen hubs under NGHM

DPA Kandla Leads Discussions on Green Hydrogen and Sustainable Maritime Practices

The Deendayal Port Authority (DPA) hosted the Kandla Green Hydrogen Conclave 2026 in Gandhidham, Gujarat, gathering global leaders to discuss sustainable maritime practices. Union Shipping Minister Sarbananda Sonowal addressed participants virtually, while DPA Chairman Sushil Kumar Singh highlighted the maritime sector’s role in reducing greenhouse gas emissions in line with the Paris Agreement.

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Baltic Shipping Adds Wind-Assisted Hybrid Coasters

New Baltic Shipping Vessels Use Wind Power to Cut Fuel Use

Danish operator Baltic Shipping Company has expanded its fleet with two Damen-built hybrid coasters, Baltic Iron and Baltic Timber. Each vessel features Econowind VentoFoils, enhancing propulsion and reducing fuel consumption by up to 12%. This innovation reflects a commitment to energy-efficient shipping and meeting customer demands for lower carbon footprints.

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