India’s Directorate General of Shipping appoints Lloyd’s Register to set up sustainable maritime innovation centre in Mumbai

Indian Ocean Centre of Excellence for Sustainable Maritime Transport aims to promote collaboration and advance sustainable practices, research, and innovation in maritime transport.
Lloyd’s Register has partnered with the Government of India’s Directorate General of Shipping for the creation of the Indian Ocean Centre of Excellence for Sustainable Maritime Transport.
The initiative enhances the Maritime Training Institute (MTI) in Mumbai, transforming it into a hub of maritime excellence in partnership with the IMO’s global Maritime Technologies Cooperation Centre (MTCC) network. The IOCE-SMarT aims to advance the maritime sector in India and South Asia through technological innovation, sustainable practices, digital proficiency, and technical cooperation.
Aligned with India’s aspiration for international maritime leadership, IOCE-SMarT will facilitate a holistic hub of maritime excellence across research, technology, and industry partnerships to benefit the entire region.
Using its experience as a trusted adviser and its capabilities on regional maritime policy, LR will assist the regulatory authority with strategic planning, including needs assessment, stakeholder consultation, strategic alignment, and institutional framework development.
LR will help develop service channels through collaboration with IMO, integration with the MTCC Network, and detailing initiatives for IOCE-SMarT. LR will also support institutional setup, infrastructure development, financial planning, and provide a detailed project report and implementation roadmap.
MTI’s location, physical infrastructure, expertise, and government support collectively position it as an ideal candidate for transformation into a Centre of Excellence. It provides close access to maritime organisations and activities, while facilitating seamless movement through Mumbai’s well developed transportation network.
Shri Shyam Jagannathan, IAS, India’s Director General of Shipping, said: “The IOCE-SMaRT will be a one of its kind centre in the South Asian Region where India will take a lead with other BIMSTEC Partners to ensure that the region becomes a leader in Sustainable Maritime Transportation Initiatives and centre will ensure maritime capacity building for the entire Indian Ocean Region.”
Ambrish Bansal – Sr. VP, Consulting, Lloyd’s Register, said: “The establishment of a new regional centre is aligned with aspirations of associated countries to lead maritime sustainable growth globally. This initiative will bridge the gap by establishing a holistic hub of maritime excellence across research, technology innovation and industry partnerships bringing a synergy of capabilities across the region. LR will leverage years of experience in the maritime sector and global networks to make this successful.”
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























