ABG Shipyard to Expand Capacity

Wednesday, December 05, 2007
India’s ABG Shipyard Ltd plans to invest to expand capacity to meet the rising global demand for building large cargo carrying ships. After the expansion, the company hopes to build large size ships, including very large crude carriers (VLCCs) at its shipyard located at Magdalla Port in Surat, Gujarat, said Rishi Agarwal, managing director of ABG. A VLCC can typically carry as much as 320,000 tonnes of crude oil.

ABG is currently building its second shipyard across 40 acres at Dahej in Gujarat at a cost of Rs950 crore. The first phase of the project will give the company facilities the ability to build eight ships simultaneously, with each ship having a capacity of 120,000 tonnes. These ships will meet growing demand in the dry bulk (cargo) segment. The company expects to complete this phase of the project by April. The second phase will give the company to build jack-up rigs used in deep-water oil drilling operations. The company expects to start constructing rigs in December 2008 and will be able to build four rigs at a time. (Source: www.livemint.com)


People & Company News

MobileOps Pursuing Maritime Business

Redmond, Wash. based MobileOps, Inc., a software company specializing in the design and development of maritime software applications (dispatch, safety, compliance,

Half a Century at Sea

Siegfried Schmerer already dreamed of becoming a captain as a young boy. Later, as a sailor on a coaster, he suffered from seasickness. Though he thought about giving up,

MN100: Shock Mitigation

The Company: The company provides marine organizations, boat builders and equipment manufacturers with relevant subject matter expertise plus an independent overview

Shipbuilding

Intermarine's Industrial Skipper Completes Maiden Voyage

Intermarine, LLC announced the July delivery of the M/V Industrial Skipper from Shandong Huanghai shipyard in Rongcheng, China. The ship transported modules to Corpus Christi,

Schwarze-Robitec Offers Efficiency in Shipbuilding

Cruise ships, freighters or yachts require complex supply systems on board to  be able to travel long distances in the open sea. For the supply of oil and gas, for example,

New Bunker Vessel for Maxum Petroleum

Maxum Petroleum's newest bunker vessel Global Provider is currently under construction at Jesse Co. in Tacoma, Wash. and is expected to enter service in January 2017.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1079 sec (9 req/sec)