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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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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Great Eastern Shipping Expands Fleet with Kamsarmax Acquisition to Boost Capacity and Meet Global Demand

Great Eastern Shipping Company Ltd. (GESCO) is set to enhance its fleet by acquiring a Kamsarmax dry bulk carrier of approximately 81,922 DWT, scheduled for Q3 FY 2026. This acquisition, fully funded through internal accruals, follows agreements for two secondhand vessels, expanding GESCO’s fleet to 41 vessels and 3.37 million DWT.

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Empowering India’s Shipping Sector with Digital Skills

India’s shipping industry is rapidly modernizing, yet a critical skills gap threatens its global competitiveness. While infrastructure investments grow, the shortage of digitally fluent professionals hinders progress. Bridging this gap through upskilling initiatives is essential for leveraging advanced technologies, ensuring India can lead in the evolving logistics landscape.

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IWAI achieves record cargo growth of 145.84 MMT on National Waterways

IWAI’s Record Cargo Movement Boosts Inland Water Transport in India

The Inland Waterways Authority of India (IWAI) achieved a milestone with a record cargo movement of 145.84 million metric tonnes on National Waterways this year. Emphasizing the growing significance of inland water transport, Vice Chairman Sunil Kumar Singh noted its vital role in enhancing trade and economic integration, especially in the Northeast Region.

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Celebrating 76 Years of Maritime Governance and Seafarer Support by DG Shipping

The Directorate General of Shipping (DGS) recently celebrated its 76th anniversary, marking over seven decades of vital contributions to India’s maritime industry. Established in 1949, the DGS has shaped maritime policy, regulated shipping, and enhanced safety standards. Looking ahead, it aims to strengthen India’s maritime sector in line with future visions.

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IMU and SDHI Team Up to Establish Centres of Maritime Excellence

Swan Defence and Heavy Industries Limited (SDHI) has partnered with the Indian Maritime University (IMU) through a Memorandum of Understanding (MoU) to enhance maritime education and skill development. This collaboration aims to prepare future professionals for India’s growing maritime sector, establishing specialized Centres of Excellence at both SDHI and IMU campuses.

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CUSAT and Cochin Shipyard to establish ₹3.53 crore shipbuilding technology centre

New Centre for Sustainable Shipbuilding Tech Opens at CUSAT in India

Cochin University of Science and Technology (CUSAT) has partnered with Cochin Shipyard Limited (CSL) to create a Centre of Excellence in Sustainable Shipbuilding Technology, supported by a ₹3.53 crore investment. This initiative aims to bridge academia and industry, focusing on skills enhancement, software development, and advancing sustainable maritime technologies in India.

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