In order to augment the Indian NavyÂ’s submarine support operations on either coast, a contract was signed by the Indian Navy with M/s Hindustan Shipyard, Vishakhapatnam for the construction of two Diving Support Vessels (DSV).
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Panel to discuss issues
Andhra Pradesh government decided to set up a joint action committee (JAC) to discuss the hurdle in setting up a major port along with a shipyard at Nakkapal.
Revamp of Kochi port stalled
Cochin Port Trust’s propoÂsed projects have been facing clearance issues from the Navy with respect to the height of the proposed installations in the flying funnel area in Willingdon Island.
Govt to set up Rs 4,000 cr VLCC shipyard
Centre plans to set up a shipyard to produce very large crude carriers (VLCCs) under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of Hindustan Shipyard going to the defence ministry.