According to Business Standard, State-owned Dredging Corporation of India (DCI) is expecting a new dredger worth Rs 500 crore to join its fleet by the end of this financial year.
Dredging Corporation of India has also placed orders at IHC Offshore & Marine, Netherlands to procure three dredgers with an outlay of Rs 1,500 crore. Of these, one will be delivered by the end of this December and the other two in 2013.
The company’s dredging capacity is 86 million cubic metres, which will increase to 110 million cubic metre per annum once the new machines come, according to the Company’s plan.
IHC Offshore & Marine is one of the leading yards in the Netherlands, ISO-9001-2008 certified and able to respond to the needs of ship owners who require large vessels of innovative concept and modern design, built to an “one off“ order or in limited series. Specific demands result in dedicated designs. Ships built by IHC Merwede provide cost-effective solutions, not only when newly acquired but also throughout their working life.
World Maritime News Staff, March 19, 2012; Image: Dredge-India