Mumbai is poised to emerge as a major shipbuilding hub, with new investments set to deliver “Made-in-Mumbai” passenger vessels and cruise ships ready to sail on domestic and international routes. As part of India’s broader maritime growth vision, Maharashtra is developing a comprehensive ecosystem for ship design, shipbuilding, repair, and manpower training along the Mumbai
Mumbai, 2 November 2025 — Global towage operator Svitzer has signed a Letter of Intent (LoI) with Cochin Shipyard Limited (CSL) to develop and construct a new generation of electric TRAnsverse tugs in India. The agreement, signed during India Maritime Week in Mumbai, marks a major milestone in Svitzer’s global electrification strategy and underscores India’s
Rotterdam, 30/10/ 2025 — Dutch maritime solar energy specialist Wattlab has completed the first full-scale installation of its Solar Flatrack system on the MV Vertom Tula, a 7,280 dwt diesel-electric multipurpose vessel operated by Vertom Group. The system marks a milestone in applying solar power to commercial coastal shipping and represents a step toward lower-emission
COSCO Shipping has announced a landmark $1.75 billion shipbuilding program—one of its largest fleet renewal efforts to date—signalling a decisive step toward a cleaner and more energy-efficient future for global shipping. The initiative covers the construction of 29 next-generation vessels, scheduled for delivery between April 2027 and late 2028, marking a major stride in the
Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) has taken delivery of its newest liquefied natural gas (LNG)-powered pure car and truck carrier (PCTC), the Padma Leader, from Imabari Shipbuilding Group. The vessel, built at Tadotsu Shipbuilding Co. Ltd., a subsidiary of the Imabari Group, strengthens NYK Line’s growing fleet of low-emission car carriers.
Singapore, 2 November 2025 — The Ministry of Transport of Singapore and the Ministry of Oceans and Fisheries of the Republic of Korea (ROK) have signed a Memorandum of Understanding (MoU) to establish the Singapore–ROK Green and Digital Shipping Corridor (GDSC), aimed at advancing maritime decarbonisation and digital transformation. The MoU was signed by Singapore’s
Everllence has announced the successful conversion of an Everllence B&W S90 two-stroke engine to dual-fuel methanol operation, following sea trials of COSCO SHIPPING LINES’ 20,000+ TEU container vessel COSCO SHIPPING LIBRA. The vessel’s original 11S90ME-C engine was upgraded to an 11S90ME-LGIM (Liquid Gas Injection Methanol) configuration — marking the first retrofit of its kind for
In a major push towards maritime decarbonisation, the Deendayal Port Authority (DPA) has signed Memoranda of Understanding (MoUs) worth ₹1.8 lakh crore with leading industry and technology partners to transform Kandla Port into a global green fuel hub. The agreements were formalised during India Maritime Week 2025 in Mumbai. Announcing the development, DPA Chairman Sushil
Singapore-based Sembcorp Industries and the V.O. Chidambaranar (VOC) Port Authority have signed a non-binding Memorandum of Understanding (MoU) to explore the development of a green hydrogen and ammonia hub in Tuticorin, Tamil Nadu, marking a major step towards advancing India’s clean fuel ambitions. The MoU, exchanged on Thursday during India Maritime Week 2025 in Mumbai
Yang Ming Marine Transport Corporation has signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with three leading Japanese partners — Nihon Shipyard Co., Ltd., Imabari Shipbuilding Co., Ltd., and Shoei Kisen Kaisha, Ltd. The signing ceremony took place on October 28 at the Imabari International Hotel. The agreement covers the purchase of three containerships