Asia/Pacific News
Svitzer to Collaborate with Indian Shipyard to Construct Electric Tugboats
Maritime services firm Svitzer has signed a deal with India’s Cochin Shipyard to construct its electric-powered tugboats in India.
The letter of intent was signed during the India Maritime Week in Mumbai last week, Svitzer said in a statement on its website on Friday.
The partnership will aim to combine Svitzer's global expertise in towage with Cochin Shipyard’s shipbuilding capabilities.
The 26 m electric TRAnsverse tug will be modelled on Svitzer’s existing diesel-powered design and will support the company’s global fleet renewal efforts. The vessels are intended for deployment in international markets.
The announcement follows a similar deal last month between CMA CGM and Cochin Shipyard to build six LNG-fuelled container ships in India.
India is seeking to boost its shipbuilding capacity, with the government recently unveiling a nearly $8 billion package to revitalise the sector.
