Mangalore: Bharati Shipbuilding Yard Plan Hits Hurdles

Bharati Shipyard Ltd, leading private sector ship building company in the country, attributed the delay caused in building its shipyard in the city, to inordinate delays suffered in completing land acquisition processes and obtaining certain permissions from the government. At the annual general body meeting of the company held in Mumbai on Thursday September 23, executive director of the company, P C Kapoor, admitted that the company’s plans to set up a shipyard in Mangalore had suffered some setbacks. “We are yet to receive certain approvals and permissions,” he said.
The shipyard project of the company in this port city, once it comes up, will be the sixth yard to have been set up the company. The shipyard, which proposes to built ships up to a capacity of 60,000 deadweight tonnage, is planned to be built on the banks of Gurpur river here.