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India-EU Green Shipping Corridor Could Boost Indian Fuel Exports

India-EU Green Shipping Corridor Could Boost Indian Fuel Exports
India-EU green shipping corridor: Why India could become a major fuel exporter · livemint.com

Ships create greenhouse gas emissions, so the industry is looking for cleaner fuels.

Industry leaders say India could make and export fuels such as green hydrogen and green ammonia.

A proposed corridor would connect Indian fuel producers with shipping customers in Europe.

Speakers said India has strong renewable energy resources that could help produce these fuels.

They also said ports need places and equipment to store and handle them.

Some executives want India to export fuels directly rather than send them through other hubs.

The initiative is moving from discussion toward examining how the corridor could work.

Shipping companies say the move to lower-carbon fuels needs to happen quickly.

Key facts

Proposed corridor
An India-Europe green hydrogen and green shipping corridor whose feasibility is to be assessed.
Potential fuels
Green hydrogen and green ammonia were discussed.
Industry emissions
Sembcorp India's Anupam Sawhney said shipping accounts for almost 3% of global greenhouse gas emissions.
Event
Sagarmanthan: The Great Oceans Dialogue 2026.
Location
New Delhi.
Infrastructure needs
Ports need dedicated storage, handling and export infrastructure for green fuels.

Quotes

Capt. Suraj Sundaresan

Representative of Eastern Pacific Shipping

“If green fuels are produced in India, why should they be shipped around Singapore or Hong Kong? Now that fuel is being produced in India, why should we not export it directly from India?”
livemint.com
“We want to shape this coalition so that India becomes the next exporter of green fuels and we are able to deliver shipping with our own fuel, becoming totally independent.”
livemint.com

Sources

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