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    Bharati to establish new shipyard on India's east coast

    Yard News // October 17, 2007

    News sources in India say Bharati Shipyard is to set up a new shipyard in a 50:50 joint venture with Apeejay Shipping.

    The new facility will be on India's east coast.

    Several Indian shipping and engineering firms are currently planning to set up shipyards to exploit opportunities in the market.

    Baharati has become well known as a builder of a range of vessels including offshore support vessels.

    The proposed yard is expected to start operations in 2009, Bharati said in a statement.


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