VASCO: Mormugao Port Trust chairman I Jeyakumar has disclosed that Cochin shipyard is likely to take over Western India Shipyard Ltd (WISL) by April 2018.
Speaking to media at Headland-Sada on Tuesday, Jeyakumar said the lease period of WISL ends by March 2018. “MPT wants to clear wreckage of Qing cruise liner and floating dry dock, either by February or March 2018 in order to hand over the premises,” said Jeyakumar.
He said the MPT filed a plea in High Court of Bombay at Goa requesting to declare the Qing cruise liner and floating dry dock as ‘wrecks’ and to have an auction after the WISL management and Sahara Shipping failed to respond despite repeated follow ups to clear the wreckage and pay dues.
“MPT will hand over the WISL site to Cochin Shipyard in order to utilise the space in a better manner. Cochin Shipyard, which constructs/builds ships for defence sector, is very much keen to take over WISL since there is a huge potential for carrying out ship repair activity in West Coast,” added Jeyakumar.
He disclosed that Cochin Shipyard is also open to absorb qualified manpower and even the employees of WISL who have vast experience and worked for the company for several years.