Page 2 - Shipyards

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

Three shipyards account for bulk of Rs 44,000 cr banks lost to the industry

ABG Shipyard was biggest contributor, at Rs 23,000 cr, to the drain on banks' coffers

Precision Shipyard land to boost shipbuilding capability: Titagarh Wagons

The land and facility was acquired under an auction sale by Union Bank of India

Cochin Shipyard delivers RO-RO vessels to Inland Waterways Authority

In a statement, CSL said the 56 metre long Ro-Ro Vessel is built with in-house design for day and night operation all round the year to carry 15 TEU container trailers and 30 passengers

Gujarat govt to restart ship-breaking yard at Sachana after clearances

Gujarat government has decided to restart the state's second ship-breaking yard at Sachana after having resolved issues pertaining to its environmental clearances, an official said

NCLT approves Cochin Shipyard's resolution plan for Tebma Shipyards

Banks to take huge haircuts as the plan proposes to pay only 9.74 per cent of the total admitted Rs 602 crore debt

Defence shipyards bag 85-95% high-value warship orders without tender

Ficci asks Rajnath Singh for level playing field for private shipyards'

Private shipyards knock on govt door for Rs 50-billion working capital

They also asked the government to set up an empowered shipbuilding division within the shipping ministry to ensure higher utilisation of capacity and liberalisation of tender terms