India: Pipavav Shipyard's new dry dock in Gujarat is set to open next month. The new dock is 662-metres-long and 65-metres-wide.
It is capable of accommodating two Panamax ships and two small ships at the same time. Besides the dry dock, there is also a 680-metre by 60-metre wet dock.
In other news, the Vice Chairman of Pipavav Shipyard, Bhavesh Gandhi has said that the builder would begin to shift its focus towards the more lucrative oil and gas sector.
According to Livemint, Mr Gandhi said that new interest had nothing to do with the decline in the world's commercial shipping business.
"It is just that the demand in [the oil and gas sectors] is so huge that it requires a company of large scale and size with modern infrastructure to undertake the job," he was quoted as saying. "We are at the right place, at the right time to service the needs of these two sectors."
He said that Pipavav would position itself as a builder of defence vessels and oil and gas exploration vessels.
