Indian Register of Shipping partners GRSE for green energy vessels

Indian Register of Shipping (IRS), a leading international classification society, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Garden Reach Shipbuilders & Engineers Limited (GRSE) on 2 nd March 2024. The partnership marks a significant step towards fostering innovation and sustainability in the maritime industry. The MOU was signed

Singapore to offer tax discounts for greener vessels

Singapore’s Maritime and Port Authority (MPA) will offer discounts on some fees and taxes for ships committed to cutting emissions beyond what is required by the International Maritime Organization (IMO), starting from 1 May. The MPA announced the discounts in a circular updating its Green Ship Programme (GSP) for Singapore-flagged ships released on 22 April.