Four shortlisted for Sethusamudram

Sethusamudram Ship Canal Project Sethusamudram Ship Canal Project

Jan de Nul/Boskalis, Hyundai Engineering, Dredging International and Van Oord have been shortlisted for the contract to undertake dredging on three sections of the US$537m Sethusamudram Ship Canal Project . The entire project will involve four tranches of dredging of which the first has already been awarded to the Dredging Corporation of India. Dredging work on the remaining three sections will be undertaken simultaneously by three different companies.

These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.

Work will involve dredging around 82.5m cu metres of soil and work is scheduled to take 30 months. The aim is to allow the first commercial ship to pass through the Canal on 1 January 2008.

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