Synergy Shipbuilders Secures $20 Million Contract from Zanzibar

13 Jan 2025 CW Team

Goa-based family-run Synergy Shipbuilders has been awarded a $20 million contract by Tanzania's state-owned Zanzibar Shipping Corporation to build two high-speed crafts, each with a capacity to carry 650 passengers. Synergy Shipbuilders outbid three Chinese shipyards to secure the contract, according to Siddarth Malik, a representative of the company. The 53-meter aluminium catamarans, designed by Dutch firm Coco Yachts, are engineered to achieve speeds of 40 knots in waves up to 4 meters high. Classified by the Italian society RINA and adhering to IMO-HSC-2000 regulations, the vessels will operate under the Zanzibar flag. The high-speed crafts will be constructed at a two-acre site allocated by the Mumbai Port Authority, as Synergy’s Goa facility is fully booked for the next 12 months. Delivery is scheduled for the third quarter of 2026. The contract qualifies for shipbuilding financial assistance under the Union government’s scheme. Synergy Shipbuilders is renowned for its expertise in constructing high-speed aluminium passenger ships, landing crafts, anchor handling tug supply vessels (AHTS), jack-up barges, cargo vessels, tankers, tugs, Ro-Pax aluminium vessels, and high-speed patrol and pilot vessels. Currently, the yard is working on India’s first Unrestricted Pleasure Craft, its first indigenously designed high-speed crew boat, and a 390-passenger vessel. (ET)

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..