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Denmark and India in maritime agreement

Denmark and India in maritime agreement

12-01-2017 10:00:00

Danish Maritime and the Indian maritime trade organization Gujarat Maritime Board has signed the first maritime cooperation agreement in recent times between Denmark and India. The Minister of Energy, power and climate Lars Chr. Lilleholt was present at the signing.

"The maritime industry is an important industry for Denmark with many jobs and high growth potential. I am therefore pleased that we during our visit meet great interest on the maritime area from both official and commercial teams. I am also pleased that the industry picks up and gets a cooperation agreement in order", says Lars Chr. Lilleholt.

The agreement - which was signed in connection with the major business conference Vibrant Gujarat 2017 in Ahmedabad, where Denmark for the first time was invited as a partner country - will provide a framework for building cooperation between the Danish maritime industry and the Indian maritime industry in Gujarat in particular green shipbuilding and the construction of ships for the Navy.

"India particularly demands our expertise in green technology to the commercial shipping and the design of modern warships. We see India as a growth market. But even though we are in dialogue, the first concrete orders might take a while. Things take time," says Jenny N. Braat, Danish Maritime.

The agreement is a so-called Memorandum of Understanding (MoU). It also provides a framework for cooperation in technology innovation and development of equipment that can enhance maritime security. The cooperation is likely to take the form of joint projects and dialogues on policy and discussions of technical maritime character.

Several Danish maritime companies operates in India, including Hempel, Alfa Laval, DESMI, VIKING Life-Saving Equipment and Odense Maritime Technology (OMT). Among the participants in the Danish business delegation this week is Wärtsilä Lyngø Marine and OMT.

OMT is expected to sign two cooperation agreements with Indian partners later on Thursday. It is a continuation of the general agreement between the Danish Maritime and the Indian trade organization.

"We already have operations in India, but we want better market access. Therefore, we are pleased with the Minister's dedication and Danish Maritimes process to create a framework and the agreement that we can work with," says Erik Hansen, Vice President Project Execution, OMT.

There's also satisfaction with the intervention from Wärtsilä Lyngø Marine.

"It is very positive with the Minister's active support for the maritime industry and the Danish Maritime have signed this cooperation agreement. It will undoubtedly enhance our and the rest of the Danish maritime industry efforts in the Indian market," says CEO Kjeld Dittmann, who is also chairman of the European maritime trade organization SEA Europe.

The Indian government has previously launched The Maritime Agenda 2010-2020, which is an ambitious and comprehensive vision of the entire maritime sector in India. The plan is foreseen to use 80 billion US dollars to expand ports and develop shipping and shipbuilding.

Danish Maritime and Gujarat Maritime Board act as coordinators for activities under the Cooperation Agreement. The agreement runs for one year with possibility of extension.

Source: Danish Maritime / Maritime Denmark

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