Square Port Shipyard in pact with Damen to develop ships

HMPL’s subsidiary Square Port Shipyard has signed an agreement with Damen Technical Cooperation BV to develop its shipyard and build ships to cater to the domestic and global markets. Damen Technical Cooperation BV is a group company of Damen Shipyards Group NV with expertise is in design and construction of ships, ship components, ship repair and conversion and ship maintenance, Hazoor Multi Projects Limited (HMPL) said.

Square Port Shipyard is located at Dabhol (Ratnagiri) in Maharashtra also provides a broad range of associated maritime services. According to the company sources, the tie up is significant milestone in the journey to be a one stop centre for clients looking for ship building and repair services in India.