India Poised To Become Hub For Green Shipbuilding, Says DNV Expert

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India has the potential to become a key player in green shipbuilding, according to Cristina Saenz de Santa Maria, Regional Manager for South East Asia, Pacific & India at DNV, a global maritime certification and advisory firm. The country’s government is focusing on alternative fuels and renewable energy to modernize and expand its shipyards, positioning India to meet the growing global demand for environmentally friendly maritime assets.

Modernizing Shipyards for Green Shipbuilding

Efforts are underway to upgrade existing shipyards and assess older dockyards for reopening, to increase capacity for green shipbuilding. As traditional shipyards in Asia are fully booked, India offers an attractive alternative for ship owners seeking competitively priced space to build eco-friendly vessels.

Government Incentives and International Collaboration

India’s government is promoting investments and technology transfers from Japan and Korea to develop shipbuilding and ship repair clusters. This strategic initiative aligns with the International Maritime Organization’s (IMO) goal to phase out greenhouse gas emissions from the maritime industry by 2050.

DNV’s Role in Supporting India’s Decarbonization

DNV, with its presence in over 100 countries and a maritime network of 3,400 professionals, is actively involved in India’s decarbonization efforts, supporting the country’s vision of becoming a hub for sustainable shipbuilding.

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Source: The Economic Times