DNV Banner
Home » Global News » Asia » Mormugao Port plans ship repair facility in collaboration with Goa Shipyard

Mormugao Port plans ship repair facility in collaboration with Goa Shipyard

Mormugao Port Authority plans to use one of its berths for ship repair activities. The major port has shared a financial proposal with Goa Shipyard Limited (GSL) for leasing its berth no. 9 where GSL will develop a ship repair and refit facility.
Facebook
Twitter
LinkedIn
WhatsApp
Email

GSL had sent a technical team to visit the port and the team found berth no. 9 to be a viable location for a repair and construction facility. GSL is expected to submit a counter offer by mid-January.

MPA’s proposal contains details about the cost of leasing the berth, which was earlier used for handling iron ore, for 30 years.

“The MoU with GSL was signed last year. It is currently at the discussion stage. We have given GSL a financial proposal and GSL will revert with their offer,” said a MPA official, adding, “We hope that we can quickly agree on a financial model for 25-30 years.” On September 25, 2023, Union minister for shipping, ports and waterways Sarbananda Sonowal had announced GSL’s interest in the port’s idle facilities. MPA plans to offer 200-250m of waterfront area at berth no. 9 to the defence sector shipyard. GSL’s existing facility limits further expansion and the shipyard is unable to bid for construction of larger vessels as it does not have the depth and area at its current location. GSL is eager to build larger and more warships for the export market, officials said.

Facebook
Twitter
LinkedIn
WhatsApp
Email

Subscribe to Our Newsletter

One Ocean Maritime Media Private Limited
Email
Name
Share your views in comments