+
India, Norway Firms Sign Maritime MoUs in Oslo
ECONOMY & POLICY

India, Norway Firms Sign Maritime MoUs in Oslo

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, witnessed the signing of several Memoranda of Understanding (MoUs) and a Memorandum of Intent (MoI) between Indian maritime firms and global partners at the Nor-Shipping 2025 event in Oslo. These agreements signal deeper cooperation in shipbuilding, offshore infrastructure, sustainable shipping, and digital maritime technologies.
A major highlight was the MoI between Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels. These hybrid-propulsion vessels will conform to the latest cyber security standards and follow an earlier order for eight such vessels currently under construction at GRSE’s Kolkata yard.
GRSE also inked MoUs with Aries Marine LLC (UAE) for collaboration on offshore platforms and vessels, and with a global engine manufacturer for technical cooperation.
At the Norway Pavilion, Larsen & Toubro (L&T) signed a multi-sectoral MoU with Norwegian classification society DNV, covering shipbuilding, port infrastructure, energy systems, ESG services, cybersecurity, and digital maritime platforms.
Speaking at the event, Minister Sonowal praised the Indo-Norwegian partnership, calling it “a symbol of shared maritime tradition and sustainable development goals.” He noted, “Under Prime Minister Shri Narendra Modi’s leadership, India’s maritime sector is transforming through flagship initiatives like Sagarmala, promoting modern ports, green shipping, and port-led industrial growth.”
He also highlighted India’s efforts in green port development, low-emission shipping, ship recycling, and the creation of green shipping corridors, all under the framework of the India-Norway Task Force on Blue Economy. Sonowal called for expanded cooperation in offshore wind energy, maritime digitalisation, and sustainable port development to strengthen the Indo-Pacific maritime ecosystem.
The Minister is leading a delegation of key Indian maritime firms, including both large players and MSMEs, such as L&T Shipbuilding, Goa Shipyard Ltd, Cochin Shipyard Ltd, GRSE, Yeoman Marine Services, Chowgule Shipbuilding, Synergy Shipbuilders, Swan Defence & Heavy Industries, and Marine Electricals, among others.
These strategic partnerships aim to accelerate India’s ambitions in the global maritime sector by leveraging technological innovation, sustainability, and bilateral cooperation.

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, witnessed the signing of several Memoranda of Understanding (MoUs) and a Memorandum of Intent (MoI) between Indian maritime firms and global partners at the Nor-Shipping 2025 event in Oslo. These agreements signal deeper cooperation in shipbuilding, offshore infrastructure, sustainable shipping, and digital maritime technologies.A major highlight was the MoI between Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels. These hybrid-propulsion vessels will conform to the latest cyber security standards and follow an earlier order for eight such vessels currently under construction at GRSE’s Kolkata yard.GRSE also inked MoUs with Aries Marine LLC (UAE) for collaboration on offshore platforms and vessels, and with a global engine manufacturer for technical cooperation.At the Norway Pavilion, Larsen & Toubro (L&T) signed a multi-sectoral MoU with Norwegian classification society DNV, covering shipbuilding, port infrastructure, energy systems, ESG services, cybersecurity, and digital maritime platforms.Speaking at the event, Minister Sonowal praised the Indo-Norwegian partnership, calling it “a symbol of shared maritime tradition and sustainable development goals.” He noted, “Under Prime Minister Shri Narendra Modi’s leadership, India’s maritime sector is transforming through flagship initiatives like Sagarmala, promoting modern ports, green shipping, and port-led industrial growth.”He also highlighted India’s efforts in green port development, low-emission shipping, ship recycling, and the creation of green shipping corridors, all under the framework of the India-Norway Task Force on Blue Economy. Sonowal called for expanded cooperation in offshore wind energy, maritime digitalisation, and sustainable port development to strengthen the Indo-Pacific maritime ecosystem.The Minister is leading a delegation of key Indian maritime firms, including both large players and MSMEs, such as L&T Shipbuilding, Goa Shipyard Ltd, Cochin Shipyard Ltd, GRSE, Yeoman Marine Services, Chowgule Shipbuilding, Synergy Shipbuilders, Swan Defence & Heavy Industries, and Marine Electricals, among others.These strategic partnerships aim to accelerate India’s ambitions in the global maritime sector by leveraging technological innovation, sustainability, and bilateral cooperation.

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App