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Pipavav Shipyard intent on building world's largest drydock

Pipavav Shipyard intent on building world's largest drydock

Mumbai: Eyeing business from domestic and international shipping lines that ply through the busy sea route between Dubai and Colombo, Pipavav Shipyard (PSL) is all set to construct a new dry dock in Gujarat, which is expected to be the world's biggest dock to undertake repair and maintenance of vessels operating in the region. ??"Ship repair and maintenance is a huge business opportunity for us. We will soon be converting our existing wet dock into a dry dock which, at about 680m, will be the biggest dry dock in the world," said Nikhil Gandhi, group chairman, SKIL Infrastructure, the original promoters of Pipavav Shipyard, a BSE-listed company. ??The work on the new dry dock, which is about 680m in length and 60m wide, is expected to begin in a couple of months and may cost over Rs 1,000 crore, an official said. ??"Over 15,000 ships annually ply the busy route between Dubai and Colombo. We are expecting to grab sizeable repair and maintenance work from these shipping lines. We are also expecting to offer our services to India, US and NATO Navy that operate in the Arabian Sea, Indian Ocean and China Bay regions," Mr Gandhi said.

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