Market Intelligence
IMO Study Outlines India Pathway as Alternative Marine Fuel Hub
A phased approach could enable India to emerge as a competitive regional center for alternative bunker supplies, according to an assessment supported by the IMO.
India holds the potential to establish itself as a competitive regional hub for alternative marine fuels, according to findings from the Study on Potential Demand and Pricing of Alternative Marine Fuels in India.
The assessment identifies a phased development roadmap to support the country in meeting regional demand and establishing bunker infrastructure for cleaner maritime fuels.
The project was initiated by India’s Directorate General of Maritime Administration alongside the Ministry of Ports, Shipping and Waterways, with assistance provided under the International Maritime Organization’s GreenVoyage2050 Programme.
Source attribution
This report was written by the Global Freight editorial desk based on material published by Hellenic Shipping News Worldwide. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
IMO: Study Identifies A Phased Pathway For India To Develop A Competitive Regional Alternative Marine Fuel HubGlobal Freight Briefing
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