About Vaitarna Marine Infrastructure Limited
Initially promoted by technocrats and naval architects in the 1980’s We were operating by the name Mech Marine Engineers Pvt Ltd (www.mechmarineindia.com) in October 2010 when acquisition of this yard by us completed.
Track record of delivering more than 150 vessels of small to medium size, with own and outsourced design.
The current promoters spotted opportunity in 2007 and invested in the company. Post investment, the current promoters brought about many changes including the following- Relocated operations from a small leased site to current site , Site development and vessel construction commenced simultaneously . In August 2010, the current promoters acquired 100% ownership.
In Oct. 2010, rechristened the name to “Vaitarna Shipyard Private Limited”
The boom years of 2003-2008 saw significant expansion of shipyard capacity in Asia. The market crash in the fall of 2008 had immediate and dramatic effects on the shipyard industry. Ship building market became sluggish to the extent of low or no recovery; VMIPL accordingly focussed on completing the order book at hand and stopped booking orders. Last delivery being on 3rd Feb 2012 (Vsl Name: Hadi 34)
VMIPL shifted its focus to marine services in Feb 2012 as there were ample opportunities to be explored.
Currently VMIL is succesfuly offering following services to its clients:
1. Automation
2. Calibration
3. Electrical & Electronics
4. Navigation & Communication
5. Instrumentation
6. Repair and Maintenance
Initially promoted by technocrats and naval architects in the 1980’s We were operating by the name Mech Marine Engineers Pvt Ltd (www.mechmarineindia.com) in October 2010 when acquisition of this yard by us completed.
Track record of delivering more than 150 vessels of small to medium size, with own and outsourced design.
The current promoters spotted opportunity in 2007 and invested in the company. Post investment, the current promoters brought about many changes including the following- Relocated operations from a small leased site to current site , Site development and vessel construction commenced simultaneously . In August 2010, the current promoters acquired 100% ownership.
In Oct. 2010, rechristened the name to “Vaitarna Shipyard Private Limited”
The boom years of 2003-2008 saw significant expansion of shipyard capacity in Asia. The market crash in the fall of 2008 had immediate and dramatic effects on the shipyard industry. Ship building market became sluggish to the extent of low or no recovery; VMIPL accordingly focussed on completing the order book at hand and stopped booking orders. Last delivery being on 3rd Feb 2012 (Vsl Name: Hadi 34)
VMIPL shifted its focus to marine services in Feb 2012 as there were ample opportunities to be explored.
Currently VMIL is succesfuly offering following services to its clients:
1. Automation
2. Calibration
3. Electrical & Electronics
4. Navigation & Communication
5. Instrumentation
6. Repair and Maintenance