Mission
To provide value addition to ports and marine establishments through holistic, innovative and environmentally sustainable solutions in the fields of Marine Engineering and Construction.
Vision
To emerge as a global player in the field of marine services by maintaining professional standards with specialist knowledge of environmentally-friendly techniques, innovative approach and focus on health, safety and cost efficiency.
What We Do?
The Company has multifarious business segments:
Owning and Operating Marine Crafts
Dredging
Repairs and Maintenance / Refits of Marine Crafts and Marine Infrastructure
Business Potential
India has a coastline of almost 7500 kilometres, encompassing one of the biggest peninsulas in the world. According to the Ministry of Shipping, around 95% of India’s trading by volume and 70% by value is done through maritime transport. It is serviced by 12 major ports and 200 notified minor and intermediate ports. The total 200 non-major ports are in the following states: Maharashtra (48); Gujarat (42); Tamil Nadu (15); Karnataka (10); Kerala (17); Andhra Pradesh (12); Odisha (13); Goa (5); West Bengal (1); Daman and Diu (2); Lakshadweep (10); Pondicherry (2); and Andaman & Nicobar Islands (23).
Government of India (GoI) plans to modernize these ports and has approved a project called Sagarmala. The ports and shipping industry in India plays a vital role in sustaining growth in the country’s trade and commerce. The Indian Government has allowed Foreign Direct Investment (FDI) of up to 100% under the automatic route for port and harbour construction and maintenance projects. The government has also initiated the National Maritime Development Programme (NMDP), an initiative to develop the maritime sector with a planned outlay of US $11.8 billion. Total number of vessels calling Indian Major Ports and Minor Ports per annum exceeds 30,000 Ships.
Type | Number | Power | Volume |
---|---|---|---|
Trailing suction hopper dredgers | 2 | 3000 m³ | |
Grab dredgers | 1 |
Name | Type | Built | Power | Volume |
---|---|---|---|---|
River Pearl 2 | GRAB | 2006 | ||
River Pearl 4 | TSHD | 1956 | 1300 m³ | |
River Pearl 8 | TSHD | 2002 | 1700 m³ |
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