By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Adani places India’s largest order for 8 tugs under Make in India initiative for 450 cr with Cochin shipyard – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Adani places India’s largest order for 8 tugs under Make in India initiative for 450 cr with Cochin shipyard – World News Network
Business

Adani places India’s largest order for 8 tugs under Make in India initiative for 450 cr with Cochin shipyard – World News Network

worldnewsnetwork
Last updated: December 27, 2024 12:00 am
worldnewsnetwork
Share
3 Min Read
SHARE

Ahmedabad (Gujarat [India], December 27 (ANI): Adani Ports and Special Economic Zone Ltd (APSEZ), has announced the procurement of eight state-of-the-art harbour tugs, all to be constructed by Cochin Shipyard Ltd.
With a total contract value estimated at INR 450 Crore, these tugs are expected to begin delivery in December 2026 and continue until May 2028, significantly improving the efficiency and safety of vessel operations in Indian ports.
According to APSEZ, this initiative aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives by boosting local manufacturing and enhancing self-reliance in the maritime sector. The order for eight 70-tonne bollard pull tugs will increase Adani’s total fleet to 152.
Ashwani Gupta, Whole-time Director & CEO of Adani Ports and Special Economic Zone Limited (APSEZ) stated “This collaboration to procure from Cochin Shipyard Ltd signifies our commitment to enhancing maritime infrastructure in India and demonstrates our confidence in our nation’s PSUs.”
He added, “By leveraging local manufacturing capabilities, which are world-class, we aim to contribute to the ‘Make in India’ initiative while ensuring that our operations meet international standards of safety and efficiency.”
Previously, APSEZ contracted the construction of two 62-tonne bollard pull ASD (Azimuthing Stern Drive) tugs to Cochin Shipyard Ltd for Ocean Sparkle Ltd, both of which were delivered ahead of schedule and deployed at Paradeep Port and New Mangalore Port.
The construction of three additional ASD tugs is currently underway, bringing the total order to 13 tugs, aimed at providing a younger fleet for efficient and reliable services in the port sector.
This initiative underscores the importance of sustainable practices in shipbuilding and reinforces the strategic significance of the maritime industry in India’s economic growth.
Adani Ports and Special Economic Zone Ltd (APSEZ) is a part of the Adani Group, and has evolved from a port company to an Integrated Transport Utility providing end-to-end solutions from its port gate to customer gate.
It is the largest port developer and operator in India with strategically located ports and terminals.
The company is also developing a transhipment port at Colombo, Sri Lanka and operates the Haifa Port in Israel and Container Terminal 2 at Dar Es Salaam Port, Tanzania. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Solar companies making big profits now, but earnings may slow in next 3 years: DAM Capital – World News Network

India Inc looks strong after Covid, but growth options limited as demand stays weak: Nuvama – World News Network

India Inc looks strong after Covid, but growth options limited as demand stays weak: Nuvama – World News Network

Stock markets open lower amid cautious global cues, FPI selling and trade deal uncertainty – World News Network

India poised for next phase of multi-trillion-dollar wealth creation: MoSL – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article “One of India’s most important policymakers”: India’s former envoy Akbaruddin condoles Manmohan Singh’s demise – World News Network
Next Article BlinkX Introduces Advanced F&O Technical Scanners – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Senior National Judo Championships 2025-26: Kalpana Devi defeats former junior world no 1 to bag Gold – World News Network
Sports December 15, 2025
“One and only GOAT”: Harbhajan Singh delighted after meeting Lionel Messi in Mumbai – World News Network
Sports December 15, 2025
Manickam Tagore gives Adjournment Motion Notice in LS to discuss ‘severe’ pollution in Delhi-NCR – World News Network
National December 15, 2025
IndiGo warns of possible flight cancellations as dense fog engulfs Delhi – World News Network
National December 15, 2025

Sports

Team India makes history, beats top-seeded Hong Kong side to capture maiden Squash World Cup title – World News Network
Sports
Suryakumar “looking for runs” as batting average hits record-low; SA skipper Markram says team will learn, strive for betterment – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

George Clooney says “I’m not kissing a girl anymore” after conversation with wife Amal – World News Network
Entertainment
“It’d be interesting..”: Rian Johnson teases ideas for next ‘Knives Out’ film – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?