Marine Link
Wednesday, November 27, 2024

L&T Defers Shipbuilding Expansion

Maritime Activity Reports, Inc.

December 9, 2008

According to a report from the Wall Street Journal, Larsen and Toubro Ltd has deferred its entry into the commercial shipbuilding business and has also decided to scale back its investment for a new shipyard at Kattupalli near Chennai.

(Source: Wall Street Journal)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week