August17 , 2026

    HSL inks MoUs as part of green shipping initiative

    Related

    India Works on Chabahar Port Handover to Iran Despite US Sanctions

    India is working on arrangements to hand over operational...

    Vizhinjam Port to Begin EXIM Operations on Tomorrow, Kerala Eyes Trade Boom

    Kerala’s Vizhinjam International Seaport is set to commence export-import...

    Cochin Port Authority Celebrates 80th Independence Day with Record Cargo Milestones

    Cochin Port Authority celebrated India’s 80th Independence Day with...

    Share

    Hindustan Shipyard Ltd (HSL) at the third Global Maritime India Summit (GMIS) held during October 17-19, in Mumbai, inked four strategic MoUs as part of its green shipping initiative.

    The MoUs serve as a cornerstone in promoting an evessel ecosystem in India, thus marking a significant leap towards a more environmentally-friendly maritime industry.

    Inaugurated by Prime Minister Narendra Modi, GMIS 2023 showcased India’s vision for the maritime sector.

    HSL’s ambitious objectives include achieving autonomy in designing and building e-tugs by 2026, further aligning with international standards for build time, and condensing the construction period to just 8-12 months.

    To accomplish this, HSL is going with modular concept and developing a family of e-tugs with bollard pull capacity ranging from 40T to 80T and beyond with a wide range of options including compatibility for using green alternative fuels based on the diverse operational requirements of customer.

    In addition, with a view to building a vibrant ancillary ecosystem centered around Visakhapatnam, HSL is planning to include a few promising industries based in Visakha-patnam and coastal districts to participate in the program.