Murmogao Port Trust planning on auctioning off bankrupt ship yard

15 Nov 2017 06:30 PM

Western India Shipyard Limited is in ruins. Part of the dry dock has sunk. Workers have not got their salaries for many months.



 Now  Murmugao Port Trust has asked the High Court to allow other ship building firms to take over Western India Shipyard Limited vacant dry docks at Vasco. 

 MPT has pleaded to the High Court of Bombay to allow change of ownership of the dock to another party.

Chairman of MPT, I Jayakumar said that Cochin Shipyard have come forward for this and has indicated that many experienced WISL workers may get jobs under the new management. 

Reporter: HIru Mahale | Desk: | Editing:



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