New Delhi, May 13 (IANS) A tripartite memorandum of understanding (MoU) to develop India’s first mega greenfield shipyard at Thoothukudi was signed, envisaging a 2.5 million gross tonnage (GT) capacity and around 15,000 direct jobs, an official statement said on Wednesday. The statement from the Ministry of Ports, Shipping and Waterways said the MoU was signed between HD Korea Shipbuilding & Offshore Engineering (HD KSOE), National Shipbuilding & Heavy Industries Park, Tamil Nadu (NSHI…
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New Delhi/Seoul, April 21 (IANS) HD Hyundai, South Korea’s leading shipbuilding conglomerate, said on Tuesday it has forged a partnership with Indian government-backed entities to establish a joint shipyard in India.HD Hyundai said it signed a memorandum of understanding (MOU) with NSHIP TN and Sagarmala Finance Corporation Ltd. (SMFCL) of India in New Delhi on Monday (local time) to cooperate in building a joint venture shipbuilding company, reports Yonhap News Agency.NSHIP TN (National Shipbui…