Deals25 Sept 2024, 12:45 am
Mazagon Dock Shipbuilders Commences Production of Multi Purpose Cargo Vessel for Navi Merchants, Denmark
AI Summary
Mazagon Dock Shipbuilders Ltd (MDL), a Navratna DPSU, has started the production activity for the first Multipurpose Cargo Vessel (MPV) for Navi Merchants, Denmark. The contract, valued at 86.05 million USD (Rs 700 crores approx.), involves designing, building, and delivering a total of 6 + (4 optional) vessels, each with a capacity of 7500 DWT. The vessels will be built to meet stringent emission standards, classified under DNV, and designed as Ice Class 1B. They will be equipped with a single screw, controllable pitch, medium-speed diesel engine, and Electrical Energy Storage systems for unrestricted global operations. The first vessel is scheduled for delivery in April 2026.
Key Highlights
- Mazagon Dock Shipbuilders Ltd has started the production activity for the first Multipurpose Cargo Vessel (MPV) for Navi Merchants, Denmark.
- The contract is valued at 86.05 million USD (Rs 700 crores approx.).
- The vessels will be built to meet stringent emission standards and classified under DNV.
- The versatile vessels will be capable of transporting a wide range of cargoes.
- The first vessel is scheduled for delivery in April 2026.