![]() ![]() “IHC Holland Merwede had told the government that it would not be able to hold on to the prices that it had quoted about a year back for building the three dredgers," the government official said. The cost of building new dredgers has increased given the boom in shipbuilding the world over and, as a result, yards are booked till 2010. The other bidder, ABG Shipyard Ltd, who had offered to build the dredgers at their under-construction facility at Dahej in Gujarat, failed to cross the pre-qualification criteria set by DCI. When contacted over telephone, a spokesman for IHC Holland Merwede, based in The Netherlands, said: “I am not going to comment on that (the price)."Īccording to government officials who had scrutinized the acquisition proposal, IHC Holland was the only qualified bidder whose price bid was opened by the Visakhapatnam-based firm. Pvt Ltd and Essar Shipping Ltd each purchased a Chinese-built trailer suction hopper dredger for less than $23 million (Rs93 crore) per dredger. Recently, Hong Kong-based dry bulk shipowner Chellaram Shipping Co. The bulk of the dredging for the Sethusamudram project is also being carried out by DCI. Murky waters: DCI does dredging mainly for Indian seaports, though occasionally it dredges at foreign ports. ![]()
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