Vipul shipyard

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The Vipul shipyard is a shipbuilding works at Magdalla Port in the Surat district of Gujarat.

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As of 2007, the works consisted of a slipway and 100 meters of waterfront spread across 8 acres of land. [1] In May 2007, the ABG Shipyard Limited signed a memorandum of understanding (MOU) for its acquisition. [2] In August 2007, the acquisition was completed and thus Vipul Shipyard gained control of the ABG shipyard. [3] After acquisition, a further contiguous 12 acres was added to it. This led to an increase in the waterfront by 200 meters. [1] The works is now also referred as "ABG shipyard unit-II."

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References

  1. 1 2 "ABG Shipyard Ltd" (PDF). Pinc Research. Retrieved 30 May 2014.
  2. "ABG to acquire Vipul Shipyard". The Economic Times. 24 July 2007. Archived from the original on May 31, 2014. Retrieved 30 May 2014.
  3. "ABG Shipyard Ltd. : Company Profile". India Infoline. 2012. Retrieved 30 May 2014.

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