According to reports, the Tuticorin Port Trust plans
to establish a shipbuilding yard on its premises, to be built on build-operate-transfer (BOT) or lease basis.
Korea Maritime Consultants Company Limited
, which conducted a feasibility study, submitted its report to the port authorities a few days ago.
The yard would have a building dock of 1,279.5 ft. in length, 213 ft. in breadth and 32.8 ft. in height and five berths with a total length of 3,937 ft.
The other facilities include a pipe fabrication and assembly unit, pre-erection yard, galvanising unit, hull fabrication section and provision to stack steel, pipes and hull blocks.
About 60,000 to 66,000 tons of steel meant
for shipbuilding would be handled at the yard in a year.
Source: The Hindu