News Update

Chouhan slams Air India for providing broken seat to passengerIndia sends army contingent to join Japan’s Dharma Guardian exerciseCus - Revocation of Customs Broker's license is invalid where importer's actions do not implicate the broker in any wrong-doing; KYC documents valid too, no fraudulent activity indicated: CESTATTrump to impose tariff in response to digital services taxes levied on US tech giantsCX - Bagasse is waste/by-product of sugar manufacturing process & not manufactured final product - ergo, there is no obligation to reverse Cenvat credit u/r 6 of CCR 2004 as Bagasse not subject to same rules covering exempted goods: CESTAT2500 chickens perish of mysterious disease in TelanganaCX - Valuation - Rule 9 r/w Rule 8 explicitly applies only when goods are sold exclusively to related persons; are inapplicable where assessee sells goods to both independent buyers & related persons: CESTATIWAI Board commissions study for Urban Water Transport System in 17 citiesHackers steal USD 1.5 bn from crypto exchange BybitST - Statutory limitation u/s 11B of the Central Excise Act is not applicable to refund claims, where Service Tax had been paid erroneously: CESTATIndia deepens pact with UK in key areas of telecom & AICricket team led by CJI to clash with SG’s team at Arun Jaitley stadiumST - Hiring transport vehicles on a kilometer basis without issuing consignment notes does not attract service tax under reverse charge: CESTATStudy finds AI enhances decision-making capability by 54%Ministry of Mines classifies Barytes, Felspar, Mica & Quartz as Major MineralsI-T - Entity engaged in business of hospitality is entitled for depreciation even on part of building, which was used as parking facility to adjoining hotel: ITATTrump kicks out top military officials in Pentagon overhaulPMG Review of Mega Infra Projects of Sikkim, Delhi, and JharkhandAP sues 3 White House officials after denied access to Trump’s eventsFBI New Director Kash Patel takes oath on Bhagavad Gita
 
Sonowal inaugurates Green Shipping Conclave, 2025

By TIOL News Service

NEW DELHI, FEB 21, 2025: THE Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal reaffirmed India's commitment to global maritime sustainability and international cooperation while speaking after inaugurating the Green Shipping Conclave, 2025 in Mumbai yesterday. The conclave was also attended by the Secretary General of International Maritime Organisation (IMO), His Excellency Arsenio Dominguez - a gesture appreciated by the Union Minister Sarbananda Sonowal terming it a new milestone in India and IMO partnership for global maritime sustainability. 

Speaking at the event, the Union Minister, Sarbananda Sonowal said, "India stands at the forefront of a global maritime revolution-one that prioritise sustainability, innovation, and environmental stewardship. Under the visionary leadership of Hon'ble Prime Minister Narendra Modi ji, we are not just adapting to change; we are driving it. Through initiatives like the 'Harit Sagar Green Port Guidelines', the 'Green Tug Transition Programme', and the 'National Green Hydrogen Mission', we are transforming our ports and shipping industry into beacons of sustainability. The recently announced Rs 25,000 crore Maritime Development Fund is aimed at catalysing investments in green infrastructure, alternative fuels, and fleet modernisation, ensuring that India remains a leader in decarbonisation. Sustainability is not merely a regulatory obligation-it is an economic opportunity and a moral responsibility. As we build strategic green corridors and enhance international collaborations with IMO and BIMSTEC, our message to the world is clear: India is committed to a cleaner, greener, and more resilient maritime future. India committed to Global Maritime Sustainability in sync with PM Narendra Modi ji's vision of Viksit Bharat."

The Green Shipping Conclave, 2025 marked a pivotal moment in India's green maritime transition. The conclave served as a high-impact platform for policy dialogues, technical discussions, and roundtable meetings, engaging key stakeholders from the industry, government, and academia. Among the significant discussions, the IMO Secretary-General chaired a CEO Round Table on Renewable Energy, focusing on clean fuel investments and green port infrastructure.

The Union Minister of State, Shantanu Thakur highlighted India's ambitious green shipping initiatives under the Maritime India Vision 2030 and Amrit Kaal Vision 2047. Speaking on the occasion, Shantanu Thakur said, "India is leading the maritime sector's green transformation through clean energy, sustainable ports, and innovative shipbuilding. With bold policies, global collaborations, and investments in alternative fuels, we are setting new benchmarks for decarbonisation. Under the visionary leadership of Prime Minister Narendra Modi ji, the ministry has chalked out the Maritime India Vision 2030 and Amrit Kaal Vision 2047, which are the blueprint towards empowering our maritime sector and enabling it to become greener, cleaner and sustainable. Together, we are shaping a resilient, eco-friendly maritime future."

Key areas of focus included Green Energy promoting cleaner fuels like green hydrogen, ammonia, biofuels, and LNG through the National Green Hydrogen Mission. It also held discussions on Green Ships with advancements in low emissions, hybrid, and fully electric vessels with the government programmes like Green Tug Transition Programme (GTTP) and Harit Nauka initiative. The conclave also highlighted India's effort to convergence of Green Ports with policy initiatives like Sustainable Ship Recycling Programme at Alang, adhering to Hong Kong Convention standards.

His Excellency Arsenio Dominguez, the Secretary General of IMO acknowledged India's strategic role in global shipping, highlighting its contributions towards sustainable maritime development, alternative energy solutions, and international regulatory collaboration.

The valedictory session, presided over by the Union Minister Sarbananda Sonowal and Rajesh Kumar Sinha, Additional Secretary, Ministry of Ports, Shipping & Waterways, outlined India's roadmap for a sustainable maritime future. In his concluding remarks, His Excellency, Arsenio Dominguez reiterated the IMO's commitment to supporting India's maritime transition through capacity-building, financial mechanisms, and technical cooperation. The Green Shipping Conclave 2025 and the IMO Secretary-General's visit reinforced India's position as a global leader in sustainable maritime practices. These engagements have deepened India-IMO cooperation, paving the way for advancements in decarbonization, alternative fuels, and digital transformation in the maritime industry.

The Green Shipping Conclave, 2025 was organised by the Ministry of Ports, Shipping & Waterways, the Directorate General of Shipping, the Institute of Marine Engineers (India). The conclave aimed at converging pioneering ideas and perspective to shape India's leadership in maritime innovation, environmental sustainability and regulatory advancements aligning with the global goals of collective decarbonisation effort.


POST YOUR COMMENTS
   

TIOL Tube Latest

Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy