Launching India into the Global Shipbuilding Competition
Shipbuilding has always been close to his heart, but Vijay Kumar’s greatest desire is to see his country, India, exploit the benefits of shipbuilding for the greater good of India’s economy as a whole. To date, the shipbuilding business in India has come with more promise than production, with its market share at a mere one percent of global shipbuilding activity, Kumar, Managing Director of Bharati Shipyard Ltd., is determined to help grow the shipbuilding industry not just for the good of his company, but for the good of the country as a whole. He envisions, with government support, a dynamic growth in India’s shipbuilding market, projecting its output to soar to a global market share of between 5 to 7.5 percent in the next 10 years.
New OSV for India's Offshore Oilfields
The Shipping Corporation of India Ltd. (SCI) has accepted delivery of the 80 T bollard pull OSV “M.V. SCI Mukta”. SCI had signed contracts for acquisition of four newbuilding with Bharati Shipyard Limited, India. The first two vessels, “m.v. SCI Panna” and “m.v. SCI Ratna” were delivered to SCI last year. “SCI Mukta” is the third vessel of the series. The fourth vessel is scheduled for delivery by June 2012. The latest vessel has a gross tonnage of 2,039 tonnes and deadweight of 1,966 tonnes, classed with IRS and been built to comply with the latest and most stringent international regulations. In the offshore sector, SCI presently has a fleet of 12 vessels of which 9 vessels were acquired during the mid eighties.
BSL Acquires Swan Hunter Shipyard Machinery and Equipment
Bharati Shipyard Limited has acquired all the shipyard machinery and equipment of UK-based Swan Hunter (Tyneside) Shipyard Ltd. Through this acquisition BSL acquires fully automated panel lines, quayside traveling gantry cranes upto 180T capacity, 30 overhead traveling cranes upto 60T capacity, plate bending rolls of 2000 ton capacity, bending presses, robotic profiling machines, CNC plasma burning equipment, etc. These equipments will be used by BSL at its existing yards as well as for its Greenfield projects. BSL has also acquired the 20,000-ton lift capacity floating dock of Swan Hunter Shipyard, which will add a lot of value to its existing operations.
