ABG Shipyard was biggest contributor, at Rs 23,000 cr, to the drain on banks' coffers
The land and facility was acquired under an auction sale by Union Bank of India
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 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
Banks to take huge haircuts as the plan proposes to pay only 9.74 per cent of the total admitted Rs 602 crore debt
Ficci asks Rajnath Singh for level playing field for private shipyards'
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