Shipyard planned for Tuticorin

Tuticorin Port Trust plans to establish a shipbuilding yard on its premises, to be built on build-operate-transfer (BOT) or lease basis.

Korea Maritime Consultants Company Limited, which conducted a feasibility study, submitted its report to the port authorities

The yard would have a building dock of 1,279.5 ft. in length, 213 ft. in breadth and 32.8 ft. in height and five berths with a total length of 3,937 ft

About 60,000 to 66,000 tons of steel meant for shipbuilding would be handled at the yard in a year