During the India Maritime Week 2025 in Mumbai, a pivotal Memorandum of Understanding was signed to operationalize National Waterway–5 and National Waterway–64 in Odisha. This agreement aims to invest ₹12,200 crore in enhancing inland water transport, facilitating coal movement, reducing logistics costs, and supporting sustainable development in the region.
Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company have signed a memorandum of understanding at the Duqm Economic Forum 2025. This collaboration aims to enhance port development and connectivity, focusing on the green steel industry and sustainable transportation solutions, leveraging Oman’s renewable energy potential.
Shares of Gujarat Pipavav Port Ltd (GPPL) rose over 5% on Wednesday after signing a ₹17,000 crore MoU with the Gujarat Maritime Board for future investments. This initiative aims to enhance infrastructure and capacity across various segments, contingent on securing a long-term concession extension set to expire in September 2028.
Berhampur University and the Indian Maritime University have formalized a partnership to enhance maritime research in Odisha through a signed MoU. This collaboration will facilitate academic exchanges, including student programs and joint certificate courses in areas like maritime informatics and artificial intelligence, fostering innovation in the maritime sector.
During the upcoming India Maritime Week in Mumbai, the Odisha government plans to sign a Memorandum of Understanding for a cruise terminal in Puri. P L Haranadh, chairman of the Paradip Port Authority, noted that this initiative will expand to Paradip in the next two to three years, enhancing maritime development.
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.
Korean Register (KR) has partnered with Avikus, LAB021, Mapsea, and Marineworks through a Memorandum of Understanding (MOU) to enhance digital transformation in the maritime sector. This collaboration aims to develop advanced digital solutions, focusing on smart, autonomous, and low-carbon technologies to improve ship operations and meet global decarbonization standards.
Cochin Shipyard Ltd. (CSL) has signed a Memorandum of Understanding with HD Korea Shipbuilding & Offshore Engineering to explore long-term cooperation in shipbuilding. This partnership aims to enhance technical knowledge and develop new shipbuilding opportunities, supporting India’s ambition to become a leading marine hub in the global maritime industry.
A Memorandum of Understanding has been signed between German and Latvian partners to enhance cooperation and digital innovation in maritime technologies. This initiative aims to address port infrastructure challenges in the Baltic Sea, focusing on mobile network advancements and intelligent monitoring, with workgroups led by key industry figures.
On May 26, Pacific Carriers Limited (PCL) and the Singapore Maritime Foundation (SMF) signed a Memorandum of Understanding to enhance talent development in the maritime industry. From 2025 to 2027, PCL will sponsor MaritimeONE scholarships and internships, aiming to cultivate a future-ready workforce and support young maritime professionals.
The Ghana Industrial Association of Trawlers (GITA) and the National Union of Seamen, Ports and Allied Workers (NUSPAW) signed a Memorandum of Understanding on May 16, 2025, to enhance seafarers’ welfare and rights. This agreement aims to improve working conditions, ensuring fair treatment and safety for those in the maritime sector.
On May 12, 2025, Cochin Shipyard Limited (CSL) and Drydocks World enhanced their partnership to boost India’s ship repair and offshore fabrication capabilities. Following a recent MoU in Mumbai, both companies aim to foster innovation and job creation, advancing projects like the International Ship Repair Facility in Kochi.
The Directorate General of Shipping and the Company of Master Mariners of India have signed a Memorandum of Understanding to enhance maritime documentation. This collaboration will improve casualty data validation and reporting, fostering transparency and better decision-making in the maritime sector, ultimately raising operational standards in India.
The ITF and MARINA have signed an MoU to enhance mental health training for Filipino seafarers. This partnership will improve knowledge and skills in mental health and wellbeing for maritime faculties. Collaborative research projects and initiatives will focus on occupational health and safety within the Philippine maritime sector.
The Indian Coast Guard and the Indonesia Coast Guard have extended their MoU on Maritime Safety and Security Cooperation for three years, strengthening bilateral relations. A recent high-level meeting focused on enhancing operational interaction and capacity building in key areas. Both sides aim to share best practices and continue professional exchanges to create a safer Indo-Pacific region.
