DCI plans to enter the foreign dredging market

NEW DELHI: State-owned Dredging Corporation of India (DCI) plans to enter the foreign dredging market. “The steps taken to re-establish our foot in other waters may be implemented. DCI has executed the dredging contract for Mongla Port, Bangladesh,” the government agency said below. of the shipping industry in its annual report.

The company aims to increase its revenue from operations and strengthen its domestic and international competitive position by increasing operations in traditional and new dredging services.

“Our company is planning to upgrade the old dredgers in order to increase their efficiency and increase their economic life,” he said.

Also, with the emphasis given to inland waterways by the Center and the need and demand for inland towing, the company has added to its fleet a cutting-edge inland waterway. of the fleet joined the fleet.

The company also said it is looking to get strategic deals with major ports.

This, it is said, will ensure the certification of the company and allow DCI to plan before sending the ships.

The company is looking to become a nodal company to meet all dredging requirements for major ports in the country.

Vishakapatnam-based DCI is involved in dredging, including maintenance dredging and capital dredging, in major ports of the country.

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