At the India Maritime Week in Mumbai, the Mormugao Port Authority (MPA) signed 25 memoranda of understanding (MoUs), marking a potential investment of Rs 6,160 crore, which includes a Rs 3,500 crore LNG terminal proposal for Vasco port.

Concurrently, the Inland Waterways Authority of India (IWAI) allocated Rs 200 crore for Goa’s waterways, a move that will boost ferry terminal development, jetty modernization, and river navigation. Goa Chief Minister Pramod Sawant outlined the state's maritime strategy, focusing on eco-friendly coastal shipping, cruise tourism, and infrastructure for fisheries, logistics, and renewable energy.

Additionally, MPA entered a strategic partnership with Atlantic & Pacific LNG to develop LNG and LPG terminals at Vasco, expected to be operational by 2027.  CM Sawant emphasised the state's commitment to balancing industrial growth with ocean health and sustainable development goals.