Adanis to Build Ships

Thursday, January 12, 2006
Reports indicate that the Adani Group is to announce a joint venture agreement for shipbuilding soon. It is said the group will invest in the new business and that it was in talks with European, Japanese and Korean shipbuilders for a joint venture. The new venture will likely be involved in the repair and maintenance of vessels. Shipping industry officials said the group had enough financial muscle for the new business. The venture into the shipbuilding industry marks a forward integration from the ports business for the Adani group, said a shipping industry official. The Mundra port already has 5,000 acres of land available for infrastructure development. The port is the largest private port in India, capable of handling more than 100m tonnes of bulk, liquid or containerised cargoes. According to shipping industry officials, Mundra port has almost no navigational constraints. The port has a draft of 17 meters, the deepest in India, which enables vessels up to capesize to berth alongside each other.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

Tsuneishi to build shipyard in Indonesia -

Philippine shipbuilder Tsuneishi Heavy Industries Inc plans to expand into Indonesia this year, said CEO Hitoshi Kono, adding that the firm plans to build a shipyard here.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators 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: 0.0680 sec (15 req/sec)