Cochin Shipyard forges ahead through rough weather

The public sector Cochin Shipyard Ltd is proposing to expand capacity by setting up a ship-lift system at an investment of Rs 500 crore. The new system, to be set up at the northern end of the premises, will be 120 metres long and can accommodate ships of up to 6,000 tonnes. The project is likely to be operational by next year, Commodore K. Subramaniam, Chairman and Managing Director, Cochin Shipyard Ltd, said.
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Source: The Hindu