Shipyards

Singapore, Indian shipyards sign MoU to strengthen offshore cooperation

Singapore's Seatrium Offshore Technology Pte Ltd (SOT) has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Limited (CSL), India's largest shipbuilder and ship repairer, to strengthen cooperation in the offshore sector across Asia. Under the MoU, the two companies will combine their complementary strengths -- SOT's engineering excellence, specialised equipment and offshore solutions, and CSL's extensive infrastructure, fabrication facilities and ship repair expertise to leverage business opportunities. The partnership will focus on Maintenance, Repair and Overhaul (MRO) projects for clients with operations in Asia, SOT said on Thursday. It said the MoU was signed virtually, marking a significant collaboration in offshore engineering across Asia. The two companies will also explore opportunities to expand into other key offshore markets in the region. Winston Cheng, Senior Vice-President and Head of SOT, said, "This MoU is a strategic milestone in Seatrium's efforts t

MDL, Guidance Tamil Nadu partner to explore greenfield shipyard development

Mazagon Dock Shipbuilders Limited has signed a memorandum of understanding with Guidance Tamil Nadu, the state's nodal agency for investment promotion and facilitation, to explore the possibility of developing a world-class greenfield shipyard on India's eastern coast, the defence ministry said on Tuesday. The MoU was signed on September 19 under the framework of the government of India's Maritime Amrit Kaal Vision 2047. Mazagon Dock Shipbuilders Limited (MDL), a defence public sector undertaking under the Ministry of Defence, has signed an MoU with Guidance Tamil Nadu to explore the development of a world-class greenfield shipyard on India's eastern coast, the ministry said in a statement. The MoU was formally signed and exchanged between Biju George, Director (Shipbuilding), MDL, and Darez Ahamed, Managing Director and CEO, Guidance Tamil Nadu, during a ceremony organised by the Ministry of Ports, Shipping and Waterways (MoPSW) at Bhavnagar, Gujarat. The event was graced by Union

Tamil Nadu inks ₹30,000 cr shipyard projects to create 55,000 jobs

Tamil Nadu signs MoUs with Cochin Shipyard and Mazagon Dock for Rs 30,000 crore projects in Thoothukudi, boosting shipbuilding, job creation and industrial revival in the south

Strong order visibility likely to help shipyard stocks sail faster

The DAC plans to order three Kalvari-class submarines with Mazagon Docks (MDL) on a nominated basis in FY26 at an order value of Rs 36,000 crore

Square Port, Damen partner to develop ships for domestic, global markets

Energy player HMPL on Thursday said its subsidiary Square Port Shipyard has signed an agreement with Netherlands-based Damen Technical Cooperation BV to develop its shipyard and build ships to cater to the domestic and global markets. Damen Technical Cooperation BV is a group company of Damen Shipyards Group NV with expertise is in design and construction of ships, ship components, ship repair and conversion and ship maintenance, Hazoor Multi Projects Limited (HMPL) said in a statement. Square Port Shipyard has signed a Memorandum of Understanding (MoU) with Damen Technical Cooperation BV to develop its shipyard and build ships for local and international markets, it said. Square Port Shipyard is located at Dabhol (Ratnagiri) in Maharashtra. It also provides a broad range of associated maritime services. "The tie up is significant milestone in our journey to be a one stop centre for clients looking for ship building and repair services in India," Fattesingh Patil, Director, Square

Reliance acquires Nauyaan Tradings, eyes majority stake in shipyard arm

With this acquisition, Nauyaan Tradings has become a step-down wholly owned subsidiary of Reliance Industries

APSEZ places order with Cochin Shipyard for 8 tugs in Rs 450 cr deal

Delivery of these boats will start from December 2026, and will continue till May 2028, the company said

BAE Systems shipyard fire: There is no nuclear risk, say UK police

Two people have been hospitalised after a fire broke out at the shipyard that builds Britain's nuclear-powered submarines, but there is no nuclear risk, police said Wednesday. Cumbria Constabulary said a significant fire broke out soon after midnight at the BAE Systems shipyard in Barrow-in-Furness, northwest England. Video shared on social media overnight showed flames shooting out from the Devonshire Dock Hall building while alarms blared. When I opened the front door, we just saw a lot of black smoke," said Donna Butler, who lives next to the shipyard. It was a lot of black smoke, like really thick black smoke, and it was very loud. The force said two people were taken to hospitals with suspected smoke inhalation and there were no other casualties. It advised people living nearby to stay indoors and keep doors and windows closed. The 150-year-old shipyard, about 350 kilometres northwest of London, is currently building several nuclear-powered submarines for the Royal Navy. It i

GRSE to build ocean research vessel in collaboration with NCPOR

Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) signed a contract with the National Centre for Polar and Ocean Research (NCPOR) for constructing an ocean research vessel, an official said on Wednesday. The contract, worth approximately Rs 840 crore, was signed between GRSE and NCPOR officials for the construction of the vessel in 42 months, the shipyard informed the stock exchanges. The Kolkata-headquartered warship builder said it has the necessary expertise in the field of survey vessels and has been building them for the Indian Navy for nearly four decades now. The contract was signed by the officials of the shipyard and NCPOR in Goa on Tuesday, the GRSE official said in a statement. In December 2023, GRSE delivered the INS Sandhayak, the largest survey vessel to be built in the country, to the Indian Navy. Three more vessels of this class are at various stages of completion at the shipyard, he said, adding that this experience will stand GRSE in good stead wh

Construction of Indian Navy's fleet support ships begin at HSL, Vizag

HSL, Visakhapatnam will build the five FSS at an overall cost of approximately Rs 19,000 crore

PM Narendra Modi to inaugurate infra boost at Cochin Shipyard on Wednesday

New dry dock and International Ship Repair Facility for CSL

Mazagon Dock Shipbuilders soars 7% on signing LOI with European client

In past six months, the stock price of MDL has zoomed 220 per cent, as against 10 per cent gain in the S&P BSE Sensex.

Vindhyagiri in Kolkata sign of Atmanirbhar Bharat: Prez at Navy launch

Describing the indigenous construction of an advanced stealth frigate for the Indian navy, 'Vindhyagiri' by Kolkata's Garden Reach Shipyards as a symbol of India's self-reliance in shipbuilding, President Droupadi Murmu on Thursday launched the ship at the dock on the banks of the river Hooghly here. She also said that the production of the advanced frigate was a symbol of Atmanirbhar Bharat and of technological advancement made by the country. "The launch is a symbol of self reliance in ship building," the President said, adding that projects like these reflect India's "commitment to self reliance and technological advancement". "I am very happy to be here at the launch of Vindhyagiri. This event also marks a move forward in enhancing India's maritime capabilities," the President said. "We are now the fifth-largest economy in the world, and we are now striving to be the third largest in future A huge part of our trade goods transit through the seas. This fact highlights the ...

Strong order pipeline positive for listed shipyards; prospects 'promising'

Upsides higher on Cochin Shipyards and Garden Reach Shipbuilders than Mazagon

Goa CM Sawant hands over catamaran built by a private shipyard to Maldives

Goa Chief Minister Pramod Sawant on Monday handed over a catamaran built by a private shipyard here to the Maldives government. The 30-metre long vessel named "Thinaaveshi", built by Vijai Marine Services, was handed over to representatives of the Maldives government at a function here. This is the largest catamaran vessel built in India, Sawant claimed. "Handing over of this vessel to the ministry of environment, climate change and technology of Maldives indicates the strength of the 'Make in India' initiative," the chief minister said. Goa's shipping industry has been contributing to this sector since 1961. Sawant said, adding that handing over the catamaran to the Maldives government is a proud moment for the state. Representatives from the Maldives government will take the vessel to their country on Tuesday. The ship can travel up to 100 nautical miles in the sea and will be used for monitoring and research, a senior Vijai Marine Services official said.

Govt signs Rs 19,600-crore deal to buy patrol, missile vessels

The construction of these ships will generate employment of 4.5 million man-days over a period of nine years

Indigenously built INS Arnala touches the waters of Bay of Bengal

The Arnala-class is designed to undertake anti-submarine operations in coastal waters and low-intensity maritime operations, including subsurface surveillance in littoral waters

A first, US naval ship Charles Drew arrives in Indian shipyard for repair

According to senior Ministry of Defence (MoD) officials, New Delhi had proposed during the 2 + 2 dialoge in April that the US Navy could avail of the services and expertise of Indian shipyards

US team to explore maintenance of its vessels at Indian shipyards: Official

We have said we can completely take care of those ships whose length is less than 200 metres, the MDL chief had said during an interaction with reporters last week

India, US mull using Indian shipyards for maintenance of American vessels

In a small but significant move, India and the US have decided to explore the possibilities of Indian shipyards not only maintaining but also repairing American navy ships. This is expected to not only further boost the India-US defence trade, but also bring additional business to the Indian shipyards. The decision was taken during the India-US 2+2 ministerial that was held here on Monday. US Secretary of State Antony Blinken along with Defence Secretary Lloyd Austin led the American delegation while the Indian delegation was led by External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh. "To further enhance defence industrial cooperation in the naval sector, both sides agreed to explore possibilities of utilising the Indian shipyards for repair and maintenance of ships of the US Maritime Sealift Command (MSC) to support mid-voyage repair of US Naval ships," said the joint statement issued after the 2+2 Dialogue. Over the past one decade, there has been enhanced