India’s First Electric Tugboat Project Launched at Deendayal Port

Kongsberg Maritime has secured a contract to supply equipment for India’s first electric tug at Deendayal Port in Kandla. This project is a key milestone in India’s Green Tug Transition Programme, featuring advanced technologies like permanent magnet-driven thrusters and energy storage systems. The tug, designed by NavNautik India, will enhance maritime decarbonization efforts.

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Steelpaint returns to India with Chennai cranes coatings trial

Germany’s Steelpaint Re-enters in Indian Market with Advanced Protective Coatings

Germany’s Steelpaint is re-entering the Indian market after 16 years by introducing its Stelcatec corrosion-resistant coating at the Port of Chennai. Partnering with Kaptel Overseas, the trials will assess the performance of Stelcatec’s LPR primer and LTC topcoat on cranes, aimed at enhancing asset longevity and reducing maintenance costs in harsh environments.

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Efficiency Demands Threaten Seafarer Safety, New Survey Report

A recent Safetec survey reveals that efficiency demands threaten seafarer safety, with 26% of 30,000 respondents admitting to bypassing safety procedures due to company pressures. Additionally, 20% feel their adherence to safety goes unrecognized, highlighting a critical need for shipping companies to prioritize safety over efficiency to ensure a secure working environment.

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Centre plans ₹2,000-crore insurance corpus to support shipbuilders

Indian Government Launches ₹2,000 Crore Insurance Fund to Protect Shipbuilders

The Indian government is establishing a ₹2,000-crore insurance fund to shield shipbuilders from buyer defaults, enhancing sustainability in the capital-intensive sector. The Ministry of Ports, Shipping, and Waterways collaborates with finance ministries to implement a buyer’s default insurance, aiming to secure shipyards from order cancellations and bolster the domestic industry.

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