Indian Navy Developments & Discussions

UnderFingy

Senior Member
Joined
May 6, 2021
Messages
1,006
Likes
6,666
Country flag
If Anyone got premium can they paste the whole article here?
You can use a paywall bypass addon on firefox or chrome.

With economic disruption continuing due to the Covid-19 pandemic, Mumbai-based Mazagon Dock Shipbuilders Ltd has placed its Rs 2,000-crore greenfield capital expenditure (capex) plan on hold.

“There is no clear visibility in terms of orders and unless we have that we would not like to commit any expenditure at this juncture. So, capex at Nhava Sheva can be considered on hold,” Sanjeev Singhal, director (finance) at Mazagon Dock Shipbuilders, told Business Standard.

However, the company plans to continue with its annual maintenance capex of Rs 100 crore for FY22.

The company was planning to develop a dockyard for merchant ships on a 37-acre land it owns adjacent to Nhava Sheva port in a bid to diversify its order books, which currently are dependent only on the Indian Navy.

“We have the land as well as the resources in terms of funds to put up the dockyard but it being a very capital-intensive business with a long gestation period, once work starts, it cannot be halted and so unless we have a clear visibility of orders building up, it does not make sense to have the capex,” Singhal added.

Like other companies, Mazagon Dock Shipbuilders, too, was not spared by the pandemic, and it saw a 17 per cent drop in revenue for FY21 to Rs 4,049 crore from Rs 4,917 crore in FY20.

“For FY22, our revenue should be close to Rs 4,500 crore, which is lower than our initial projection of Rs 5,000 crore as the second wave brought glitches in industrial oxygen supplies (which was not there in the first wave). There was also a workforce contraction due to lockdown and constraints in global supply (chain),” said Singhal.

The company has a sizable contracted labour workforce, which it depends on to carry out its operations and saw its workforce attendance in full strength only in the last one week. The industrial oxygen requirement for the company, though not large, needs to be consistent and has now resumed.

“The number of Covid-19 cases was also significant at the dockyard earlier and we also lost a couple of people,” he said, adding that the number of infections among its staff was nil now.

Alongside, the company has revisited its contracts for supply tie-ups of equipment or other accessories and has placed orders with alternative sources. The company, however, remains comfortable in terms of the size of its current order books, despite the overall challenging economic scenario.
 

sorcerer

Senior Member
Joined
Apr 13, 2013
Messages
26,920
Likes
98,472
Country flag
Maiden Indian Navy - European Union Naval Force (EUNAVFOR) Exercise in Gulf Of Aden


Posted On: 18 JUN 2021 6:22PM by PIB Delhi



Indian Naval Ship Trikand, mission deployed for Anti-Piracy Operations, is participating in the maiden IN – EUNAVFOR Joint Naval Exercise in the Gulf of Aden commencing today. A total of five warships from four navies are participating in the exercise on 18th and 19th June 2021. Other warships include Italian Navy Ship ITS Carabinere, Spanish Navy Ship ESPS Navarra, and two French Navy Ship FS Tonnerre and FS Surcouf.


The two day exercise will see high tempo-naval operations at sea, including advanced air defence and anti-submarine exercises, cross deck helicopter operations, tactical manoeuvres, boarding operations, underway replenishment, Search & Rescue, Man Overboard drills, and other maritime security operations. Ships of the four navies will endeavour to enhance and hone their war-fighting skills and their ability as an integrated force to promote, peace, security and stability in the maritime domain. Concurrently, a virtual “Information sharing Exercise” is also being conducted between the Indian Navy Information Fusion Centre – Indian Ocean Region and Maritime Security Centre-Horn of Africa on 18 June 21.


EUNAVFOR and the Indian Navy converge on multiple issues including counter piracy operations and protection of vessels deployed under the charter of World Food Programme (UN WFP). Indian Navy and EUNAVFOR also have regular interaction through SHADE (Shared Awareness and De-confliction) meetings held annually at Bahrain. This engagement showcases increased levels of synergy, coordination and inter-operability between IN and EUNAVFOR. It also underscores the shared values as partner navies, in ensuring freedom of seas and commitment to an open, inclusive and a rules-based international order.
 

ladder

Senior Member
Joined
Mar 28, 2013
Messages
7,255
Likes
12,207
Country flag
When the two (2+2) Talwar deal was being negotiated, the third hull was being built in Yantar shipyard and wasn't complete, thus was kept out of the deal.
Recently that hull was built and floated out. There is a demand from the shipyard to either absorb it into RuN or sell it to India.
As absorbing it into RuN has lesser possibility than selling it to IN ( due to Ukrainian power plant) we might see that offer to us in near future.
 
Last edited:

sorcerer

Senior Member
Joined
Apr 13, 2013
Messages
26,920
Likes
98,472
Country flag
Keel of the second frigate of additional follow-on ship of Project 1135.6 laid at GSL
FE Online

4-6 minutes


second frigate for the Indian Navy , Goa shipyard ltd, Indian Navy, GSL and the Ministry of Defence, Make in India Initiative, advanced missle frigates

These stealth frigates which are based on the design from Russia — Admiral Grigorovich-class (Project 1135.6) or advanced Talwar-class frigates, are expected to be fitted with the India-Russia BrahMos Missiles. This will be instead of the Russian 3M-54E Klub-N anti-ship missiles.

As per the contract between India and Russia, two frigates will be built in Russia at Yantar shipyard at Kaliningrad in Russia and two at GSL. These Talwar class frigates are expected to add more strength to the Indian Navy in the Indian Ocean Region (IOR).
According to the Indian Navy, the entire hulls of the ships are also being built with indigenous steel --- from SAIL.
Despite challenges posed by ongoing pandemic COVID-19, keel of the second frigate for the Indian Navy was laid at Goa Shipyard Ltd on Friday (June 18, 2021).

 

sorcerer

Senior Member
Joined
Apr 13, 2013
Messages
26,920
Likes
98,472
Country flag
Indian Navy’s Sahyadri given ‘best ship’ title at Fleet Awards
By Express News Service

1 minute








VISAKHAPATNAM: While INS Sahyadri has been adjudged the best ship of the Eastern Fleet among capital ships, INS Kamorta has received the title of the most spirited ship. INS Kiltan and INS Khukri won the best corvette trophy amongst corvettes and similar classes of ships.

 

Latest Replies

Global Defence

New threads

Articles

Top