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June 5, 2025 7:16 PM IST

Indian maritime firms secure major shipbuilding deals and green tech partnerships at Nor-Shipping 2025 in Oslo

Indian maritime companies have made significant strides at Nor-Shipping 2025 in Oslo, signing key agreements with global players to boost shipbuilding, green technology, and knowledge partnerships, reinforcing India’s maritime prowess and the “Make in India” initiative. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, attended the Memorandum of Understanding (MoU) and Memorandum of Intent (MoI) signing ceremonies, highlighting the deepening collaboration between India and global maritime leaders.

A notable MoI was signed between Garden Reach Shipbuilders & Engineers Ltd (GRSE), Kolkata, and Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels with hybrid propulsion and advanced cybersecurity features. This deal supplements an existing order of eight such vessels currently under construction at GRSE’s Kolkata yard. GRSE also inked MoUs with UAE-based Aries Marine LLC for collaboration on offshore platforms and vessels, and with a global engine manufacturer to further technological advancements.

Additionally, India’s Larsen & Toubro (L&T) signed an MoU with Norway’s DNV, covering cooperation in shipbuilding, offshore and maritime infrastructure, port development, energy systems, industrial solutions, smart infrastructure, sustainability, ESG, risk services, cybersecurity, and digital solutions.

Speaking at the Norwegian Pavilion, Union Minister Sonowal emphasized the strong maritime ties between India and Norway, rooted in shared values and a commitment to sustainable development. “Norway has long been a valued partner of India. As two proud maritime nations, we understand that the future of the blue economy hinges on sustainable, inclusive, and resilient growth,” he said. “These MoUs, including those with Norwegian companies, deepen our commitment to collaborate in the maritime sector.”

Sonowal highlighted India’s transformative maritime initiatives under Prime Minister Narendra Modi’s leadership, including the Sagarmala program, which focuses on modernizing port infrastructure, enhancing multimodal logistics, and promoting port-led industrial growth. He underscored the push for green ports and low-emission shipping, noting opportunities for collaboration in offshore wind energy, maritime digitalization, and sustainable port development. “Together, we can contribute to a sustainable and secure Indo-Pacific maritime ecosystem,” he added.

 

Last updated on: 15th Jun 2025