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Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge – Times of India

alishpagda08@gmail.com21 hours ago04 mins

State-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition, signing a deal worth up to $52.96 million to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC (CDPLC). The strategic move is seen as a major step in expanding India’s maritime influence in the Indian Ocean Region amid China’s growing footprint.MDL,…

Deals docked in Oslo: Indian shipbuilders ink pacts for vessels, green tech tie-ups; check key players – Times of India

alishpagda08@gmail.com3 weeks ago02 mins

Indian maritime companies signed shipbuilding and technology collaboration agreements at the Nor-Shipping conference in Oslo, as part of a government-led push to boost global partnerships in the sector, according to an official statement released on Thursday.One of the key agreements includes a memorandum of intent signed between Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH &…

HD Hyundai, one of the world’s largest shipbuilders, looks to build a shipyard in India – The Times of India

alishpagda08@gmail.com4 months ago07 mins

Earlier this month, HD Hyundai Heavy Industries visited India to evaluate potential locations for establishing a shipbuilding facility. (AI image) HD Hyundai Heavy Industries (HHI), the giant South Korean shipbuilding company, has initiated plans to establish a shipyard in India, conducting site visits this month to explore potential locations.The delegation from the company, which holds…