The Directorate General of Shipping attended the UN Ocean Centres Stakeholders’ Workshop on May 21, 2026, in Ahmedabad, focusing on India’s ocean economy. Shri Satish Kamath highlighted maritime safety and sustainable practices. Discussions among diverse stakeholders emphasized the need for collaboration to address challenges in shipping, renewable energy, and skills development.
The Maritime Singapore Master Plan (MSMP), set for unveiling in 2027, aims to navigate the future of Singapore’s maritime sector amid global trade uncertainties. It focuses on enhancing business planning, investment, and workforce skills, positioning Singapore as a leader in maritime innovation and a pivotal hub in global shipping.
The V.O. Chidambaranar Port Authority has commenced generating carbon credits through its renewable energy initiatives, showcasing a leap in sustainable port management. Under the leadership of Prime Minister Narendra Modi, the port is advancing toward becoming a hub for green growth, with projects expected to generate significant revenue and carbon credits.
Joakim Haraldsson from Lund University suggests aluminum as a sustainable maritime fuel, potentially cutting CO2 emissions. Renewable energy can be stored in aluminum, released through oxidation on ships. However, challenges like oxide layer formation need addressing. Haraldsson’s research is preliminary, requiring further study before aluminum can be commercially viable in shipping.
The global market for low-carbon ammonia as a marine fuel is set for significant growth, projected to rise from $4.11 billion in 2026 to $11.46 billion by 2036. This shift highlights the shipping industry’s commitment to sustainability, offering a viable solution to reduce carbon emissions and comply with environmental regulations.
V.Group has acquired Njord, a maritime fuel efficiency and decarbonization partner founded by Maersk Tankers. This strategic acquisition aims to enhance V.Group’s offerings in fuel efficiency and decarbonization, leveraging Njord’s expertise. CEO René Kofod-Olsen noted it will accelerate their ambition to lead in these critical sectors.
The UN Development Program (UNDP) praised Mexico’s new Sustainable Ocean Plan, a significant step in long-term ocean governance. This policy, replacing the 2018 framework, aligns national efforts with global sustainability goals, emphasizing environmental protection and sustainable ocean production. It promotes marine ecosystem preservation and responsible ocean industries through comprehensive collaboration.
d’Amico International Shipping S.A. has signed a shipbuilding contract for two new Medium Range 1 product tankers with Guangzhou Shipyard International. Valued at $43.2 million each, the vessels will be delivered in April and July 2029. This investment supports d’Amico’s fleet renewal strategy, enhancing efficiency and capacity.
The Marine Electric Vehicles Market is set to grow significantly, from USD 6.89 billion in 2024 to USD 26 billion by 2032, driven by stricter environmental regulations and a shift towards sustainable propulsion. Innovations in battery technology and digital solutions are enhancing fleet efficiency, emphasizing the need for tailored regional strategies.
The Global Centre for Maritime Decarbonisation and AIM Horizon Investments have launched the Fund for Energy Efficiency Technologies, raising $35 million to support vessel retrofits. This innovative fund, featuring a pay-as-you-save model, aims to tackle financial barriers in adopting energy-efficient technologies, enhancing sustainability in the maritime sector.
V.O. Chidambaranar Port in Tuticorin has emerged as a leader in green shipping corridors in India, emphasizing renewable energy and sustainable practices. Recognized during India Maritime Week 2025, the port’s initiatives, including its role as a green hydrogen hub, are set to attract significant sustainable investments, driving India’s maritime growth.
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.
Parkland, operating at the Port of Montreal, has joined Green Marine, enhancing its environmental performance in the marine sector. This membership mandates practices that reduce its carbon footprint, contributing to sustainability. As of 2024, 67% of the port’s tonnage comes from Green Marine tenants, with participation becoming a lease requirement.
Viking Line has launched operations of its Ro-Ro vessels, Viking Glory and Viking Grace, powered by bio-LNG. This move supports Gasum’s FuelEU Maritime pooling service, enhancing collaboration after a 2024 agreement. Daily routes between Turku and Stockholm aim to reduce emissions and promote a fossil-free maritime future.
On August 25, 2025, the Directorate General of Shipping celebrated its 75th anniversary in Mumbai with a Knowledge Sharing Conference. Experts discussed the future of maritime training under the theme “India Navigating Through T³: Training, Transition, Transformation.” Dr. Malini V. Shankar emphasized the importance of including women in maritime careers.
