During the upcoming India Maritime Week in Mumbai, MOUs totaling ₹10 lakh crore will be announced, focusing on shipbuilding and port modernization. With participation from over 100 countries, the event aims to attract significant investments, showcasing India’s maritime reforms. Prime Minister Modi will be the chief guest, emphasizing global interest.
Heads of seven shipping associations, including Danish Shipping, are urging the International Maritime Organization (IMO) to adopt its Net-Zero Framework (NZF) in October. They warn that failing to do so could complicate the green transition and create inconsistent regional climate regulations, undermining global efforts toward climate-neutral shipping by 2050.
India’s shipping industry is rapidly modernizing, yet a critical skills gap threatens its global competitiveness. While infrastructure investments grow, the shortage of digitally fluent professionals hinders progress. Bridging this gap through upskilling initiatives is essential for leveraging advanced technologies, ensuring India can lead in the evolving logistics landscape.
A coalition of 82 non-profits and clean energy groups is urging the EU to strengthen climate initiatives in shipping. Following the IMO’s recent inadequate measures, they highlight that nearly 90% of shipping emissions remain unpriced, jeopardizing the transition to cleaner energy and risking failure to meet 2030 targets.
Vizhinjam International Seaport Ltd (VISL) is strategically positioned for crew changes at the outer anchorage, similar to Colombo. With a focus on transshipment operations, industry stakeholders advocate for streamlined processes to attract more ships and boost the local economy. Captain Sanjay Prashar highlights the economic potential of Vizhinjam, emphasizing the need for efficient immigration and customs services to facilitate crew changes.
