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India and Singapore Sign Letter of Intent (LOI) on Green Shipping and Digital Corridor Cooperation

Category : National
Published on: March 27 2025 Share on facebook

  • India and Singapore signed a Letter of Intent (LOI) to promote digitalization (digital corridor) and decarbonization (green shipping) in the maritime sector, which will lead to a reduction in greenhouse gas emissions and an acceleration in the use of digital solutions. 
  • This partnership aims to develop a Green and Digital Shipping Corridor (GDSC) by combining India's capacity for the production and export of green marine fuels and Singapore's role as a global maritime hub, thereby fostering innovation and sustainability in the maritime sector.
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