Pipavav shipyard, India’s largest, to re-start operations
PORTS & SHIPPING

Pipavav shipyard, India’s largest, to re-start operations

Pipavav shipyard, India’s biggest shipbuilder by capacity, will spring back to life after a new management took control and is in “advanced talks” with a global fleet owner to build large green bulk carriers worth a few hundred million dollars. Pipavav shipyard has a dry dock measuring 66...

Pipavav shipyard, India’s biggest shipbuilder by capacity, will spring back to life after a new management took control and is in “advanced talks” with a global fleet owner to build large green bulk carriers worth a few hundred million dollars. Pipavav shipyard has a dry dock measuring 662 metres x 65 metres (of which 295 metres is dedicated for ship repair) with a 600-tonnes SWL goliath crane, making it the largest in India and one of the world’s biggest. Re-starting the shipyard will give India the much-needed capacity to build ships at a time when new shipbuilding slots in the world’s top shipbuilding nations – China, South Korea and Japan – are booked till 2028, forcing owners to look for alternate destinations.Contact: Pipavav shipyardWebsite: www.shipyards.gr

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Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

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Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

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Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

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