Pipavav Shipyard
Coordinates: 20°55′20″N 71°29′58″E / 20.922351°N 71.499571°E
 | |
| Type | Public company |
|---|---|
| Traded as |
BSE: 533107 NSE: PIPAVAVYD |
| Industry | Shipbuilding and Heavy industry |
| Founded | 1997 |
| Founder(s) | Nikhil Gandhi,(Founder and Non-executive chairman), Bhavesh Gandhi, (Founder, Executive Vice-Chairman and Managing Director). |
| Headquarters | Mumbai, India |
| Area served | Worldwide |
| Key people | Rajiv Sarman Shukla,(Chief executive officer), Debashis Bir,(Executive Director- Business Development and Alliance Management), KC Sekhar,(Executive Director- Operations) |
| Products | Merchant vessels, Offshore supply vessels, Barges, Offshore structures, Tugboats, Pressure vessels, Floating dry docks, Naval ships, Patrol vessels, Wind turbines and War ships. |
| Services | Ships & offshore Platforms Design, construction, repair and conversion. |
| Revenue |
 8.67 billion (US$140 million) (2011)[1] |
| Net income |
 397 million (US$6.4 million) (2011) |
| Website | www.pipavavdoc.com |
Pipavav Shipyard Limited (PSL) now Pipavav Defence and Offshore Engineering company Limited is one of the India's largest shipbuilding and Heavy industry company headquartered in Mumbai, Maharastra. Pipavav shipyard is located in west coast of India, Saurashtra, Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar.
History
Pipavav Shipyard was established as a wholly owned subsidiary of SKIL Infrastructure in 1997 at Pipavav, Gujarat.[2] In 2005, with funding from major Indian financial institutions, the company was spun off and registered as Pipavav Shipyard Limited. Pipavav Shipyard Limited raised additional financing from a number of private equity investors in 2007. The company went public in 2009 with listings on the Bombay Stock Exchange and the National Stock Exchange.
Pipavav Shipyard was the first corporate shipyard to be granted clearance to build warships and other vessels for the Indian Navy, though the initial licence limits this to up to 5 ships per year.
Facilities
It is one of the largest and leading shipbuilding company in India, spread over 500 acres (2.0 km2).[3] It has access to over 720 meters of exclusive waterfront.
PSL's dry dock is 640m length and 65m breadth, It can accommodate ships up to 400,000 tonnes DWT. Two Goliath cranes with a span of 140 meters & height of 85 meters together capable of handling up to 1200 Ton block and two Level Luffing cranes are erected to service this dry dock. To facilitate afloat fit-out and commissioning of ships, including afloat repairs, a 300–meter long quay, with the capacity for berthing on both sides, has been constructed with adequate draft and serviced by a Level Luffing crane. The entrance of the dry dock also has a 100 meter extension track for the Goliath cranes for unloading heavy machinery and equipment weighing up to 1200 Tons directly from ships and heavy lift barges.[4]
Approximately 4.5 kilometres away from the dry-dock, and located on 95 hectares of land in a Special Economic Zone approved by the Government of India, a state of the art block-making facility has been set up for fabrication of hull blocks. By having located the workshops and fabrication facilities in a SEZ away from the dockyard site, PSL has the dual advantage of having been able to reserve the maximum area of water frontage available at the shipyard site for ship assembly, offshore fabrication and ship repair activities whilst carrying out its fabrication and other similar activities through a highly tax-efficient SEZ unit. The blocks manufactured at this site are pre-outfitted to the maximum extent. This is done in the ideal working conditions offered by covered fabrication shops. When ready, the blocks are moved to the dock-side for pre-erection of mega/giga-blocks followed by lowering them on the dock floor for final assembly and vessel launching.
Products
Pipavav shipyard having a large facilities and infrastructure to construction and repair of Naval ships, War ships, Bulk Carriers, Cargo ships, offshore supply vessels, Mobile Offshore Drilling units, floating production, storage and offloading(FPSO) units, barges, Oil tankers, product tankers, Yachts, Dredgers, Tugboat, Crane vessels, offshore patrol vessel, Pressure vessels, Container Ships, Cable layer, Wind turbines, Samson and Goliath (cranes), Floating dry docks and Pipe-laying ships and Conversion of one Ship/Offshore Platform into other Ship/Offshore Platform.
In this year 2013, till October Pipavav Shipyard delivered 3 new build Panamax Ships length of 225 metres and 3 new build Offshore supply vessels of length 59 metres and repaired 2 Jackup rig of floating lightweight of 12000 tonnes, 1 Pipe-laying ship and 1 grab dredger.
In June 2010, PSL was awarded a 26 billion (US$420 million) contract to built five offshore patrol vessels for the Indian Navy.[5]
Joint Venture
On 12 September 2011, it was announced that Pipavav Shipyard entered a joint venture with Mazagon Dock Limited to collaborately build warships and submarines using Pipavav's facilities. The deal will free up the congested order book of Mazagon shipyard and will give Pipavav a much needed boost in defence shipbuilding.[6]
See also
References
- ↑ "Financial Results, Q4 2010–11". Pipavav Shipyard Limited. Retrieved 11 September 2011.
- ↑ "Punj Lloyd to exit Pipavav Shipyard". The Economic Times. 27 March 2010. Retrieved 3 February 2011.
- ↑ "Overview". Pipavav Shipyard Limited. Retrieved 3 February 2011.
- ↑ "In the News". Pipavav Shipyard Limited. 20 September 2007. Retrieved 11 September 2011.
- ↑ "Pipavav bags Rs 2,600-cr Navy deal". The Economic Times. 7 June 2010. Retrieved 11 September 2011.
- ↑ "JV Pipavav Mazagon". NDTV India. 11 September 2011. Retrieved 13 September 2011.