Page 2 - Shipyards

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