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Four new Grove cranes ensure smooth sailing at Taiwanese port

Grove?s dealer in Taiwan, Champion Auto, has delivered four new mobile cranes to a port in the south of the country. There are two GMK4100L all-terrain cranes and two RT540E rough-terrain cranes.

Cochin Shipyard raises funds for its expansion projects

Cochin Shipyard Ltd (CSL) under the Ministry of Shipping was listed in Bombay Stock Exchange and National Stock Exchange recently. The company has raised Rs 1,442 crore from the IPO. The proceeds of the fresh issue part of the IPO, totalling approximately Rs 961 crore will be used by CSL for part funding two expansion projects costing Rs 2,800 crore.

At Indian Shipbuilding Yard

Two 200 EC-H 10 FR.tronic tower cranes are being used in Lavgan Dockyard ship repair yard on the west coast of India. Both cranes are mounted on rail-going portals. These cranes feature special maritime equipment.