MUMBAI : India’s growing maritime capabilities, sustainable development priorities and emerging opportunities in the Blue Economy were at the centre of discussions during the Blue Economy Session at INMARCO 2026, held on 27 October 2026 at The Westin Mumbai Powai Lake, Mumbai. The session brought together key maritime stakeholders to deliberate on strategies for strengthening India’s maritime sector while advancing environmental sustainability and long-term economic growth.
Shri Shyam Jagannathan, IAS, Director General of Maritime Administration (DGMA), chaired the session and delivered an address supported by a presentation titled “India’s Blue Economy: Charting the Course towards Maritime Excellence and Sustainability”.
In his address, the Director General highlighted the growing significance of the Blue Economy in India’s economic development and the country’s expanding maritime capabilities. He emphasised the importance of strengthening maritime infrastructure, promoting indigenous shipbuilding, implementing progressive legislative reforms, encouraging technological innovation and accelerating maritime decarbonisation.
He also outlined the relevance of these initiatives in achieving the objectives of Maritime India Vision 2030 (MIV 2030) and Maritime Amrit Kaal Vision 2047 (MAKV 2047), which provide a strategic roadmap for transforming India into a globally competitive maritime nation.
Launch of Two Digital Tools to Advance Green Shipping
A major highlight of the session was the formal launch of two specialised digital tools developed by the National Centre of Excellence in Green Ports and Shipping (NCoEGPS–TERI) by the Director General of Maritime Administration.
The newly launched tools are designed to support data-driven decision-making, improve operational assessments and encourage the adoption of sustainable maritime practices.
- Maritime CO₂ Emission & Implied Carbon Tax Calculator
The tool is designed to estimate carbon dioxide emissions from vessels and assess indicative carbon-cost implications under different reference scenarios. It is expected to help maritime stakeholders better understand vessel emissions and evaluate the potential financial implications associated with carbon emissions.
- Shore to Ship Power Estimator PRO Tool
This tool enables users to assess the potential benefits of shore power utilisation during vessel port stays. It evaluates possible fuel savings, reductions in emissions and associated operating-cost implications, providing useful insights into the adoption of shore-to-ship electricity solutions at ports.
Advancing India’s Green and Sustainable Maritime Future
The launch of these digital platforms marks an important step towards integrating technology, environmental accountability and practical sustainability solutions into India’s maritime ecosystem.
By providing analytical tools for assessing vessel emissions, carbon-related costs and shore power benefits, the initiative aims to encourage informed investment decisions and accelerate the transition towards cleaner and more energy-efficient port and shipping operations.
The discussions at INMARCO 2026 reaffirmed the importance of collaborative efforts among government institutions, maritime organisations, research bodies and industry stakeholders in unlocking the full potential of India’s Blue Economy.
Through policy initiatives, technological innovation and the adoption of sustainable maritime practices, India continues to advance its ambition of building a modern, competitive and environmentally responsible maritime sector in line with its long-term vision for 2047.
