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

Shipbuilding

Catamaran Passenger Ferries Delivered in Angola

Incat Crowther announced the delivery a pair of 30m catamaran passenger ferries, Macôco and Panguila, to Instituto Marítimo e Portuário de Angola. The vessels, built by Astilleros Armon in Spain,

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted

TRIYARDS Buys into Aluminium Shipbuilding Expertise

TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added new capabilities, products

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Repair Ship Simulators Winch
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: 0.0971 sec (10 req/sec)