India and Singapore Collaborate on Green and Digital Shipping
PORTS & SHIPPING

India and Singapore Collaborate on Green and Digital Shipping

India and Singapore have signed a Letter of Intent (LoI) to establish a Green and Digital Shipping Corridor (GDSC), marking a significant step towards maritime decarbonisation and digital innovation. The initiative aims to accelerate the adoption of zero or near-zero greenhouse gas emission technologies and advanced digital solutions in shipping.

The agreement was signed by R. Lakshmanan, Joint Secretary at the Ministry of Ports, Shipping and Waterways (MoPSW), and Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore. The signing was witnessed by Singapore’s Senior Minister of State for Sustainability and the Environment, Amy Khor, and India’s Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.

Sonowal, leading a high-level maritime delegation, is currently on a three-day visit to Singapore, participating in the Singapore Maritime Week, which has drawn over 20,000 delegates from around the world. He emphasised that this initiative aligns with the "Comprehensive Strategic Partnership" between the two nations, strengthening cooperation in maritime sustainability and digitalisation.

Under the LoI, India and Singapore will collaborate on maritime digitalisation and decarbonisation projects, engage key industry stakeholders, and work towards formalising a memorandum of understanding for the GDSC. Since its inception in 2022, the GDSC has expanded to include over 28 stakeholders across the maritime, energy, and finance sectors.

Speaking at the event, Amy Khor reaffirmed Singapore’s commitment to partnering with like-minded nations to drive maritime innovation and sustainability. The initiative highlights India's growing role in IT and green marine fuel production, while Singapore, as a major transshipment and bunkering hub, continues to foster a dynamic research and innovation ecosystem.

India and Singapore have signed a Letter of Intent (LoI) to establish a Green and Digital Shipping Corridor (GDSC), marking a significant step towards maritime decarbonisation and digital innovation. The initiative aims to accelerate the adoption of zero or near-zero greenhouse gas emission technologies and advanced digital solutions in shipping. The agreement was signed by R. Lakshmanan, Joint Secretary at the Ministry of Ports, Shipping and Waterways (MoPSW), and Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore. The signing was witnessed by Singapore’s Senior Minister of State for Sustainability and the Environment, Amy Khor, and India’s Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal. Sonowal, leading a high-level maritime delegation, is currently on a three-day visit to Singapore, participating in the Singapore Maritime Week, which has drawn over 20,000 delegates from around the world. He emphasised that this initiative aligns with the Comprehensive Strategic Partnership between the two nations, strengthening cooperation in maritime sustainability and digitalisation. Under the LoI, India and Singapore will collaborate on maritime digitalisation and decarbonisation projects, engage key industry stakeholders, and work towards formalising a memorandum of understanding for the GDSC. Since its inception in 2022, the GDSC has expanded to include over 28 stakeholders across the maritime, energy, and finance sectors. Speaking at the event, Amy Khor reaffirmed Singapore’s commitment to partnering with like-minded nations to drive maritime innovation and sustainability. The initiative highlights India's growing role in IT and green marine fuel production, while Singapore, as a major transshipment and bunkering hub, continues to foster a dynamic research and innovation ecosystem.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement