Separator

India, Singapore Plan Roadmap for Digital Corridor, Others

Separator

img

India and Singapore have initiated discussions on developing a strategic plan to establish the necessary infrastructure for collaboration within digital corridors and the implementation of eco-friendly shipping practices.

Vijay Kumar, the Secretary of the Ministry of Ports, Shipping, and Waterways, stated that the roadmap is a component of a broader partnership between the two nations in accordance with worldwide decarbonization efforts, as the maritime sectors of the world strive to adopt sustainable practices.

Also Read: Japan Removes Restrictions on Weapon Exports in Policy Shift

The Memorandum of Understanding (MoU) builds upon the upgrading efforts initiated through a previously signed Letter of Intent during a maritime digitalisation and decarbonisation summit last year by Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.

“A roadmap for a Memorandum of Understanding (MoU) is being worked out with infrastructure details,” Vijay adds.

Vijay is currently engaged in refining specific aspects such as financial investments, storage tank capacities, pipeline infrastructures, bunkering facilities, and anticipated market demand for environmentally-friendly fuel. He mentioned that both countries have qualities that work well together, with India offering cost-effective green energy and resources, and Singapore serving as an important global shipping and maritime center.

Vijay stated that they are collaborating on various opportunities, highlighting the potential for growth and development. Additionally, he participated as India's representative in a confidential marine industry development program involving twelve countries, where he engaged with key stakeholders and government officials.

The Indian contingent participating in the maritime week comprises high-ranking officials from the Directorate General of Shipping, Shipping Corporation of India, VOC Port Authority, Deendayal Port Authority, prominent Indian Shipyards, and the Indian Ports Association.

 

The delegation has scheduled numerous bilateral meetings. The Indian Pavilion at the maritime week, spanning 160 square meters, was officially opened by Singapore’s Senior Minister of State for the Ministry of Transport, Murali Pillai.

Also Read: Mercedes-Benz Unveils Electric C-Class at World Premiere, Seoul

Scale models of ships and a simulator are currently on display at the pavilion, along with exhibits from various vendors. One notable feature is the representation of INSV Kaundinya, a handcrafted wooden ship constructed using traditional methods and commissioned by the Indian Navy to preserve ancient maritime practices.

Drawing inspiration from the intricate 5th-century Ajanta cave paintings, this vessel eschews the use of metal and instead employs coir rope to connect its planks.Successfully embarking on its inaugural journey to Oman in January 2026, this voyage showcased the historical sailing prowess of the craft.

Also Read: Korea, India Ink MOUs in Steel, Shipbuilding, Digital Services

Anticipated to draw over 20,000 attendees from nearly 80 countries and regions, among them ministers and key stakeholders, the 20th iteration of this annual event is eagerly awaited.

Current Issue

Most Viewed

6 Successful Business Ventures of Cristiano Ronaldo Marcus Low : A Journey Of Passion & Perseverance In The Coffee Industry | CEOInsightsAsia Vendor Is It Possible to Get Minecraft for Free on iOS? Elon Musk and Transformational Leadership Meituan's Drones are soaring in Revolutionizing the Delivery Service in China's Bustling Metropolis 5 Richest Women in Asia in 2024 Jose Luis U Yulo Jr : A Multifaceted Visionary in International Business Leadership | CEOInsightsAsia Vendor Shyam Lal Uttam: A Growth Innovator & Strategic Leader | CEOInsightsAsia Vendor Niyati Kanakia: A New-Age Edupreneur Travelingahead Of Time | CEOInsightsAsia Vendor Mohd. Burhanudin: Transforming The Malaysian Footwear Industry Via Visionary Leadership | CEOInsightsAsia Vendor Top 10 Leaders From South Korea - 2023 Mohammad Puri: Spearheading Innovative Approaches In Oil & Gas Investment And Trading | CEOInsightsAsia Vendor Marta Diaz: A Visionary Leader, Taking Business To The Next Level | CEOInsightsAsia Vendor Jose Mari Banzon: On A Mission To Make Home Ownership Available To Every Filipino | CEOInsightsAsia Vendor CES 1991: Nintendo's Treason Made Sony Rule With PlayStation's Success Jaspal Sidhu: A Passionate Educationist Striving To Make Education More Affordable & Accessible In Southeast Asia Kian Kee Kok: Driving Retail Excellence Through Innovation & Operational Integration | CEOInsightsAsia Vendor Beninder Singh Johl: Pioneering Legal Excellence & Operational Triumphs In A Global Context | CEOInsightsAsia Vendor Timothy John: Architect Of Sustainable Paradigm In Global Transportation | CEOInsightsAsia Vendor Chin Keat Chyuan: Charting Healthcare Frontiers Through Visionary Leadership | CEOInsightsAsia Vendor Josef Victor Chiongbian: A Passionate Hospitality Leader | CEOInsightsAsia Vendor Intel Chip Architect Su Fei Returns to China After 20 Years Catapulting Renewable Energy Sector by Flexing Innovative Muscles Prof. Ts. Shamsul Kamar Abu Samah: Navigating The Skies & Guiding The Future Of Aerospace Excellence | CEOInsightsAsia Vendor Jee Von: Harnessing Growth Potentials For The Brand To Make Every Step Count | CEOInsightsAsia Vendor Datuk Raghu Bathamenadan: Effectively Leading People While Fostering A Positive Work Culture | CEOInsightsAsia Vendor Felix Dan Lopez: Revolutionizing HR Strategies & Nurturing A Culture Of Excellence At Cebu Pacific Air | CEOInsightsAsia Vendor Jimmy Tan: Empowering Change While Catalyzing Growth At Fiamma Holdings Berhadd | CEOInsightsAsia Vendor Sam Loh Chin Hau: Navigating Legal Horizons In Real Estate & Corporate Law | CEOInsightsAsia Vendor Chinese Scientists Build a Mach 4 ‘ACE’ Turbojet Engine



🍪 Do you like Cookies?

We use cookies to ensure you get the best experience on our website. Read more...