The policy, released by Chief Minister Shri MK Stalin
on Wednesday (4 March), seeks to position Tamil Nadu as a global hub for
environmentally responsible shipbuilding, with a strong emphasis on
zero-emission vessels, green recycling practices and advanced maritime
manufacturing.
A central pillar of the policy is the promotion of
low-carbon shipbuilding technologies. The government will provide dedicated
incentives for the construction of “green vessels,” including ships powered by
green hydrogen, ammonia and electric propulsion systems.
These measures are
intended to support India’s broader Maritime
Amrit Kaal Vision 2047, which aims to significantly cut
emissions from the country’s shipping fleet over the coming decades.
The policy also
encourages environmentally compliant ship recycling through the creation of
specialised Green Ship Recycling clusters.
To accelerate their development, the state has
announced a 15 per cent capital subsidy for the first five recycling facilities
that secure global environmental certifications such as the Hong Kong
International Convention and the EU Ship Recycling Regulation.