Action Plan for Green Shipping promotes eco-friendly prac
PORTS & SHIPPING

Action Plan for Green Shipping promotes eco-friendly prac

The Director General of Shipping, Shyam Jagannathan, announced on Wednesday that the National Action Plan for Green Shipping is championing eco-friendly practices and providing incentives for low-emission ships. This initiative aims to position India's maritime sector for a prosperous and environmentally responsible future. Jagannathan made these remarks during his address at the 13th edition of South Asia's largest maritime exhibition and conference, INMEX SMM India 2023.

Speaking at the event, Jagannathan also outlined the maritime sector's broader vision, which includes ambitious goals such as quadrupling port capacity, establishing clean energy fuel hubs, and fostering growth in cruise tourism, among other strategic objectives.

The three-day conference, held in collaboration with German exhibition organizer Hamburg Messe und Congress, covers a range of critical industry topics, including green shipping and digitalization, among others. Jagannathan emphasized the importance of the National Action Plan for Green Shipping in advancing environmentally friendly practices and offering incentives to encourage the adoption of low-emission ships. This initiative is poised to play a pivotal role in shaping the future of India's maritime sector, aligning it with global sustainability goals.

The Director General of Shipping, Shyam Jagannathan, announced on Wednesday that the National Action Plan for Green Shipping is championing eco-friendly practices and providing incentives for low-emission ships. This initiative aims to position India's maritime sector for a prosperous and environmentally responsible future. Jagannathan made these remarks during his address at the 13th edition of South Asia's largest maritime exhibition and conference, INMEX SMM India 2023. Speaking at the event, Jagannathan also outlined the maritime sector's broader vision, which includes ambitious goals such as quadrupling port capacity, establishing clean energy fuel hubs, and fostering growth in cruise tourism, among other strategic objectives. The three-day conference, held in collaboration with German exhibition organizer Hamburg Messe und Congress, covers a range of critical industry topics, including green shipping and digitalization, among others. Jagannathan emphasized the importance of the National Action Plan for Green Shipping in advancing environmentally friendly practices and offering incentives to encourage the adoption of low-emission ships. This initiative is poised to play a pivotal role in shaping the future of India's maritime sector, aligning it with global sustainability goals.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement