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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code