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The 25T Bollard Pull Tug which built at its facility in Titagarh, Barrackpore, was launched at the shipyard in Titagarh, West Bengal, in alignment with the tides that facilitate deployment of the Tug in the water.
The company stated that it is actively engaged in building a fleet of six specialized tugs for the Indian Navy. Each tug is designed to provide a 25-ton Bollard Pull, showcasing its robust capabilities in diverse maritime operations.
Their primary functions involve assisting naval vessels, including ships and submarines, in berthing, unberthing, and maneuvering. Furthermore, they play a crucial role in the "cold move" of vessels undergoing maintenance, ensuring seamless operations during dry docking and undocking processes.
In adverse weather conditions, these tugboats are essential for providing support to warships, preventing potential damage, and offering firefighting assistance. They are also equipped to handle more challenging assignments such as salvage operations and search & rescue (SAR) missions beyond the confines of the port.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
The company's consolidated net profit soared 46.4% to Rs 70.59 crore on 54.1% jump in net sales to Rs 935.45 crore in Q2 FY24 over Q2 FY23.
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