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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Steel Cut on First of Three ISVs for KT Maritime

A steel cutting ceremony held last week at the Singapore shipyard of partner company, ASL Shipyard Pte Ltd. marked the start of construction for the first of three

Two More Damen Twin Axe Catamarans for SeaZip

Damen Shipyards and SeaZip Offshore Service signed another contract for two Damen Fast Crew Suppliers (FCS) 2610 at Wind Energy in Hamburg. The two new vessels,

Star Bulk Takes Delivery of M/V Leviathan

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that on September 19, 2014 it has taken delivery of M/V Leviathan,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0880 sec (11 req/sec)