Square Port Shipyard, Damen Partner to Boost Shipbuilding in India
PORTS & SHIPPING

Square Port Shipyard, Damen Partner to Boost Shipbuilding in India

Square Port Shipyard, a subsidiary of Hazoor Multi Projects Limited (HMPL), has signed an agreement with Damen Technical Cooperation BV to develop its shipyard in Dabhol (Ratnagiri), Maharashtra.

The partnership aims to enhance the shipyard’s capabilities to design, build, repair, and maintain ships for both domestic and international clients. Damen Technical Cooperation BV is a part of the Netherlands-based Damen Shipyards Group NV, known globally for its shipbuilding expertise and advanced maritime solutions.

Company officials described the tie-up as a significant milestone towards transforming Square Port Shipyard into a one-stop destination for shipbuilding and maritime services in India.

The shipyard already offers a broad range of associated maritime services. The collaboration will not only improve technical capacity but also contribute to local employment and industrial growth in the region.

This development aligns with India's broader push to strengthen its maritime infrastructure and become a global hub for sustainable shipbuilding and marine services.

Source: Maritime News

Image Source:money.rediff.com

Square Port Shipyard, a subsidiary of Hazoor Multi Projects Limited (HMPL), has signed an agreement with Damen Technical Cooperation BV to develop its shipyard in Dabhol (Ratnagiri), Maharashtra. The partnership aims to enhance the shipyard’s capabilities to design, build, repair, and maintain ships for both domestic and international clients. Damen Technical Cooperation BV is a part of the Netherlands-based Damen Shipyards Group NV, known globally for its shipbuilding expertise and advanced maritime solutions. Company officials described the tie-up as a significant milestone towards transforming Square Port Shipyard into a one-stop destination for shipbuilding and maritime services in India. The shipyard already offers a broad range of associated maritime services. The collaboration will not only improve technical capacity but also contribute to local employment and industrial growth in the region. This development aligns with India's broader push to strengthen its maritime infrastructure and become a global hub for sustainable shipbuilding and marine services. Source: Maritime NewsImage Source:money.rediff.com

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement