Green Shipping Corridor: Role of Marine Biofuels in Decarbonizing the Shipping Sector

August 13, 2026
11:00 AM - 12:30 PM
India Expo Centre & Mart, Greater Noida

Background

The global shipping sector, responsible for transporting nearly 90% of international trade, is undergoing a major transition towards low-carbon operations. The International Maritime Organization (IMO) has adopted an ambitious strategy to achieve net-zero greenhouse gas (GHG) emissions from international shipping by or around 2050, with interim targets promoting the adoption of zero- and near-zero-emission fuels by 2030. In this context, marine biofuels have emerged as one of the most practical near-term solutions owing to their compatibility with existing marine engines and bunkering infrastructure, and their ability to deliver significant lifecycle GHG emission reductions.

India's strategic location along major international shipping routes, coupled with its growing bioenergy ecosystem and expanding port infrastructure, presents a significant opportunity to develop Green Shipping Corridors supported by sustainable marine biofuels. The recent introduction of biofuel-blended marine bunker fuel at Mumbai Port marks an important milestone towards cleaner maritime operations. However, realizing this potential will require coordinated action across government, ports, fuel suppliers, shipping companies, technology providers, and research institutions to address policy, infrastructure, certification, and investment requirements.

In this context, the Indian Federation of Green Energy (IFGE) is organizing a Roundtable on “Green Shipping Corridor: Role of Marine Biofuels in Decarbonizing the Shipping Sector” to deliberate on strategies, partnerships, and policy interventions needed to accelerate the adoption of marine biofuels and position India as a regional hub for sustainable maritime fuel solutions.

Objectives of the Roundtable

  • Discuss the role of marine biofuels in supporting the decarbonization of the shipping sector and achieving the IMO's net-zero targets.
  • Explore the opportunities for developing Green Shipping Corridors connecting Indian ports with global bunkering hubs.
  • Assess India's readiness in terms of feedstock availability, Marine Fuel production, port infrastructure, and bunkering capabilities.
  • Identify policy, regulatory, technical, and commercial interventions required to accelerate the adoption of marine biofuels.
  • Facilitate dialogue among government agencies, port authorities, shipping companies, fuel suppliers, technology providers, and international stakeholders to build a collaborative ecosystem.
  • Promote investment, innovation, and international cooperation for establishing India as a competitive destination for sustainable marine bunkering.

Key Focus Areas

The Roundtable will deliberate on the following themes:

01

Global trends in green shipping and IMO's decarbonization roadmap.

02

Marine biofuels as a near-term solution for reducing GHG emissions from shipping.

03

Development of Green Shipping Corridors and lessons from global initiatives.

04

Opportunities for India to emerge as a regional marine biofuel bunkering hub.

05

Feedstock availability, production capacity, and supply chain development for marine biofuels.

06

Infrastructure requirements for Green Marine Fuel storage, blending, certification, and bunkering at Indian ports.

07

Fuel quality standards, lifecycle GHG accounting, sustainability certification, and compliance with IMO and ISO requirements.

08

Financing mechanisms and investment opportunities for green maritime infrastructure.

Key Expectations

The Roundtable is expected to:

Develop a shared understanding of opportunities and challenges in adopting marine biofuels for sustainable shipping.

Identify policy recommendations to support the establishment of Green Shipping Corridors in India.

Recommend strategies for strengthening domestic production, certification, and supply of sustainable marine biofuels.

Foster partnerships between government agencies, ports, fuel suppliers, shipping companies, research institutions, and international stakeholders.

Encourage pilot projects for marine biofuel bunkering at selected Indian ports.

Facilitate knowledge exchange on global best practices, technological innovations, and regulatory developments.

Contribute towards a roadmap for positioning India as a leading hub for green marine fuels in the Indo-Pacific region while supporting national climate commitments and maritime competitiveness.