亚博体育官网首页

India, Norway Firms Sign Maritime MoUs in Oslo
ECONOMY & POLICY

India, Norway Firms Sign Maritime MoUs in Oslo

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, witnessed the signing of several Memoranda of Understanding (MoUs) and a Memorandum of Intent (MoI) between Indian maritime firms and global partners at the Nor-Shipping 2025 event in Oslo. These agreements signal deeper cooperation in shipbuilding, offshore infrastructure, sustainable shipping, and digital maritime technologies.
A major highlight was the MoI between Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Germany鈥檚 Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels. These hybrid-propulsion vessels will conform to the latest cyber security standards and follow an earlier order for eight such vessels currently under construction at GRSE鈥檚 Kolkata yard.
GRSE also inked MoUs with Aries Marine LLC (UAE) for collaboration on offshore platforms and vessels, and with a global engine manufacturer for technical cooperation.
At the Norway Pavilion, Larsen & Toubro (L&T) signed a multi-sectoral MoU with Norwegian classification society DNV, covering shipbuilding, port infrastructure, energy systems, ESG services, cybersecurity, and digital maritime platforms.
Speaking at the event, Minister Sonowal praised the Indo-Norwegian partnership, calling it 鈥渁 symbol of shared maritime tradition and sustainable development goals.鈥� He noted, 鈥淯nder Prime Minister Shri Narendra Modi鈥檚 leadership, India鈥檚 maritime sector is transforming through flagship initiatives like Sagarmala, promoting modern ports, green shipping, and port-led industrial growth.鈥�
He also highlighted India鈥檚 efforts in green port development, low-emission shipping, ship recycling, and the creation of green shipping corridors, all under the framework of the India-Norway Task Force on Blue Economy. Sonowal called for expanded cooperation in offshore wind energy, maritime digitalisation, and sustainable port development to strengthen the Indo-Pacific maritime ecosystem.
The Minister is leading a delegation of key Indian maritime firms, including both large players and MSMEs, such as L&T Shipbuilding, Goa Shipyard Ltd, Cochin Shipyard Ltd, GRSE, Yeoman Marine Services, Chowgule Shipbuilding, Synergy Shipbuilders, Swan Defence & Heavy Industries, and Marine Electricals, among others.
These strategic partnerships aim to accelerate India鈥檚 ambitions in the global maritime sector by leveraging technological innovation, sustainability, and bilateral cooperation.

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, witnessed the signing of several Memoranda of Understanding (MoUs) and a Memorandum of Intent (MoI) between Indian maritime firms and global partners at the Nor-Shipping 2025 event in Oslo. These agreements signal deeper cooperation in shipbuilding, offshore infrastructure, sustainable shipping, and digital maritime technologies.A major highlight was the MoI between Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Germany鈥檚 Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels. These hybrid-propulsion vessels will conform to the latest cyber security standards and follow an earlier order for eight such vessels currently under construction at GRSE鈥檚 Kolkata yard.GRSE also inked MoUs with Aries Marine LLC (UAE) for collaboration on offshore platforms and vessels, and with a global engine manufacturer for technical cooperation.At the Norway Pavilion, Larsen & Toubro (L&T) signed a multi-sectoral MoU with Norwegian classification society DNV, covering shipbuilding, port infrastructure, energy systems, ESG services, cybersecurity, and digital maritime platforms.Speaking at the event, Minister Sonowal praised the Indo-Norwegian partnership, calling it 鈥渁 symbol of shared maritime tradition and sustainable development goals.鈥� He noted, 鈥淯nder Prime Minister Shri Narendra Modi鈥檚 leadership, India鈥檚 maritime sector is transforming through flagship initiatives like Sagarmala, promoting modern ports, green shipping, and port-led industrial growth.鈥滺e also highlighted India鈥檚 efforts in green port development, low-emission shipping, ship recycling, and the creation of green shipping corridors, all under the framework of the India-Norway Task Force on Blue Economy. Sonowal called for expanded cooperation in offshore wind energy, maritime digitalisation, and sustainable port development to strengthen the Indo-Pacific maritime ecosystem.The Minister is leading a delegation of key Indian maritime firms, including both large players and MSMEs, such as L&T Shipbuilding, Goa Shipyard Ltd, Cochin Shipyard Ltd, GRSE, Yeoman Marine Services, Chowgule Shipbuilding, Synergy Shipbuilders, Swan Defence & Heavy Industries, and Marine Electricals, among others.These strategic partnerships aim to accelerate India鈥檚 ambitions in the global maritime sector by leveraging technological innovation, sustainability, and bilateral cooperation.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement