Maritime India Vision 2030

INDIA EMERGES AS THE WORLD'S LARGEST SHIP RECYCLING NATION: OPPORTUNITIES AND CHALLENGES

India emerged as the world’s top ship recycling nation in 2025, holding a 35.4% global share. Supported by the HKC-aligned Recycling of Ships Act 2019, the Alang yard drives a massive circular economy, converting end-of-life vessels into premium scrap steel.

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INDIA- NORWAY GREEN MARITIME PARTNERS

The India-Norway 'Green Maritime Partners' initiative unites India’s Sagarmala-driven maritime ambitions with Norway’s zero-emission expertise. Centered on R&D, green finance, and skill-building, it advances electric, hydrogen, and green ammonia shipping, exemplifying North-South cooperation for a sustainable, decarbonized Blue Economy and global maritime future.

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