New Delhi: Mazagon Dock Shipbuilders Ltd (MDL) has achieved a key milestone with the keel laying of the first Multi-Purpose Vessel (MPV) under construction for Navi Merchants, Denmark. The ceremony took place at MDL's South Yard and was presided over by MDL's Chairman & Managing Director (CMD) Biju George, in the presence of Peter Bertelsen, Technical Director of Navi Merchants, as well as senior officials from the Det Norske Veritas (DNV) classification society and MDL.
The keel laying ceremony marks a significant step in the execution of a contract signed between MDL and Navi Merchants for the design, construction, and delivery of six MPVs. Each vessel is valued at approximately USD 14 million, with the first vessel scheduled for delivery in April 2026.
The MPV, designated Yard 21001, has an overall length of 116.2 meters and a deadweight of 7,500 tonnes. It is designed to attain a speed of not less than 11 knots, with a shaft generator power take-off of about 85kW. The vessel will be built under the rules and certification of DNV classification society.
MDL commenced production activities for this project on September 24, 2024. The successful keel laying event underscores MDL’s growing presence in the global shipbuilding industry and reinforces its capabilities in executing international contracts.
Speaking at the event, George expressed pride in the company’s continued excellence in shipbuilding and its commitment to delivering high-quality vessels to global clients. "This milestone demonstrates MDL’s commitment to innovation, quality, and timely execution of projects. We are honored to collaborate with Navi Merchants on this prestigious project," he said.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)