Maritime India Summit 2021 (MIS)

Day 1

2nd March 2021

Introduction to event:- the Maritime India Summit 2021 is being organised by the Ministry of Ports,
Shipping and Waterways on a virtual platform www.maritimeindiasummit.in from March 2 to March
4 via video conferencing. The summit will visualise a roadmap for India's Maritime sector for next
decade and will work to propel India to the forefront of the Global Maritime Sector.

Prime Minister Modi inaugurated the second edition of the summit via video conferencing. Prime
Minister also launched e-book of maritime vision 2030, which is aiming to make the Indian maritime
insutry at par with the top global benchmark in the next 10 years.

Mansukh Mandaviya, Minister of State (MoS) Ports, Shipping and Waterways (Independent Charge)
in his opening remark said that the summit is one of the biggest virtual summit in the world with the
participation of 1.7 lakhs partipants from more than 100 nations. "In the three day summit, we will
have ministers from eight nations, over 50 global CEOs and more than 160 speakers which include
115 international speakers from 24 nations,

Gujarat Chief Minister Vijay Rupani and his Andhra Pradesh counterpart YS Jaganmohan Reddy also
joined the event via video conferencing.

"In the three day summit, we will have ministers from eight nations, over 50 global CEOs and more
than 160 speakers which include 115 international speakers from 24 nations,"

The Ministry of Ports, Shipping, and Waterways (MoPSW) is in process of finalising more than 487
MoUs for investments worth approx Rs 3.39 lakh Crore," 

Session 1 - Inauguration of the Summit by the Hon’ble Prime Minister of India

Speaking on the occasion, the Prime Minister invited the world to come to India and be a part of
India’s growth trajectory. India is very serious about growing in the maritime sector and emerging as
a leading Blue Economy of the world. Through the focus areas of up-gradation of infrastructure,
boosting reform journey, India aims to strengthen the vision of Aatamnirbhar Bharat, he said.

He noted that instead of a piecemeal approach focus is on the entire sector as one. He informed that
the capacity of major ports has increased from 870 million tonnes in 2014 to 1550 million tonnes
now.

Prime Minister also launched e-book of maritime vision 2030, which is aiming to make the Indian
maritime industry at par with the top global benchmark in the next 10 years. PM Modi also launched
Sagar-Manthan, Mercantile Maritime Domain Awareness Centre (MM-DAC)

The focus of the the summit was majorly focused on three points
1. Developing mega ports with world class infrastructure
2. Developing `smart ports' to improve ease of doing business
3.digitisation of the ports and terminals- ai, iot, 5g led transformation
Plenary Session 2:

KEY TAKEAWAYS

 Greenfield and brownfield investments are two types of foreign direct investment.
 With greenfield investing, a company will build its own, brand new facilities from the ground
up.
 Brownfield investment happens when a company purchases or leases an existing facility.

Hong Kong International Convention

 The Hong Kong International Convention for the safe and environmentally sound recycling of
ships, 
 The conference that created the convention was attended by 63 countries, and overseen by
the international maritime organisation (IMO).

All the experts expressed their views on how India can create a green field environment for ship
recycling in India.

Anil Sharma is the biggest middle-man in ship recycling. He aims to further upgrade ship recycling
safety standards, mitigate risk incidents and improve the workplace environment

 Dr Sharma said European regulators should ensure the implementation of the Hong Kong Convention
for safe, green ship recycling, rather than undermining it, as the industry faces a potential surge in
scrapping demand due to the cost for older vessels of complying with new environmental regulations.

CEO’S FORUM

Mr. Wan Chee Foong, Regional Chief Executive Officer-Middle East South Asia and Head of
Group Business Development, PSA International Pvt Ltd
Mr. Eugene D Seroka, Executive Director, Port of Los Angeles
Mr. Tanaka Toshimitsu, Director General, Osaka Ports and Harbors Bureau
Mr. Kristof Waterschoot, Managing Director, Port of Antwerp International
Mr. Rizwan Soomar, Chief Executive Officer & Managing Director – Subcontinent, DP World
Mr. Dhruv Kotak, Managing Director, JM Baxi
Mr. Sameer Garde, President India and SAARC, CISCO

Have shared their views on how a port economy will work and in respect to it how digitisation
improvised regulatory framework and better infrastructure will help in development of port industry ,
an drastic improvement in efficiency , turnaround time and energy management will add value to the
industry.