The “IMO Net-Zero Framework” outlines a dual strategy for the shipping industry, focusing on a global fuel standard and emission pricing. With urgent calls for investment in technology and alternative fuels, it mandates that international ships evolve their practices over time, emphasizing the need for upskilling the maritime workforce by 2030.
India’s Ministry of Port, Shipping, and Waterways is converting Sagarmala Development Company Ltd. into a non-banking financial company to support marine projects nationally and internationally. With plans to apply for RBI registration, SDCL will focus on leasing and debt financing for maritime enterprises, enhancing port infrastructure and connectivity.
The CIMAC working group WG20 has released the guideline “Digital Twins in the Maritime Industry.” This framework aids stakeholders in understanding and implementing digital twin technology, detailing six dimensions to define various types. It includes an allocation table and real-world use cases, emphasizing the alignment of models with specific applications for effective use.
The Hong Kong Polytechnic University is revolutionizing maritime management through AI and big data. The Maritime Data and Sustainable Development Centre has created tools for vessel monitoring and emergency response, achieving 98.6% accuracy in predicting typhoon shelter needs. Collaborations with Tsinghua University enhance data processing and improve navigation safety.
The Kolkata port authorities are repurposing three historic river ships into floating venues for tourism and culture, inspired by the successful transformation of the vintage paddle steamer PS Bopal. This initiative aims to revitalize the Hooghly River’s banks, merging heritage with modern attractions like cafes and event spaces.
The renovated “Hydraulic Power House” in Chennai’s port area is set to become a museum, highlighting the city’s maritime heritage. Established in 1881 and built in 1920, it is the harbor’s oldest structure. This project aims to enhance tourism and preserve Chennai’s cultural history by connecting it with nearby historical sites.
The National Maritime Heritage Complex (NMHC) at Lothal is a groundbreaking project praised by Minister Sonowal for honoring India’s maritime history and guiding future generations. With a focus on sustainability and global partnerships, the complex represents a blend of legacy and progress, showcasing India’s commitment to heritage and advancement on a global scale.
In a significant development for India’s maritime sector, the DGS and C-DAC have signed an MoU to drive technological advancements. This collaboration aims to promote digitalisation, automation, cybersecurity, and research within the industry. Leveraging C-DAC’s expertise, the partnership seeks to modernize processes and establish India as a globally recognized maritime administration.
