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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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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