Indian government-owned Mazagon Dock Shipbuilders Limited (MDL) has announced its decision to buy controlling stakes in Sri Lanka’s Colombo Dockyard in a $52.96 million deal. The proposed ...

Mazagaon Dock Shipbuilders has announced the acquisition of a controlling stake in Colombo Dockyard, a Sri Lankan company. As per the exchange filings, the public sector company will acquire at ...

According to Captain Jagmohan, chairman & managing director (CMD) of Mazagon Dock Shipbuilders Limited, it is not just an acquisition but a gateway considering Colombo Dockyard's strategic location.

The federal Board of Geographic Names has rejected a proposal to name a summit in Denali National Park and Preserve after a longtime mining pioneer. Michele Stevens, daughter of Carola June Young ...

Colombo Dockyard is the Sri Lankan government’s leading shipbuilder and ship repair firm. It services more than 200 ships yearly and can handle vessels up to 125,000 deadweight tonnage.

However, Colombo Dockyard has been in dire straits for some time. It reported losses of LKR 2.48 billion ( ₹ 70.7 crore) in 2024, according to Maritime Gateway, a shipping news portal.

For 2024, Colombo Dockyard's turnover was 25.45 billion Sri Lankan rupees ($84.89 million), according to the filing, while Mazagon Dock Shipbuilders' revenue for the year ended March 2025 was 114. ...

The board of directors of India’s Mazagon Dock Shipbuilders has approved the acquisition of a controlling stake in Colombo Dockyard (CDPLC) in Sri Lanka. The investment will not exceed Rs4.52bn ...

State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand ...

Thomas “Tom Mix” Farese, the reputed Colombo crime family’s consigliere, has been charged in a South Florida healthcare fraud scheme involving bogus bills for braces.

Map shows the proposed Mount Carola in the Alaska Range. (State of Alaska image) The federal Board of Geographic Names has rejected a proposal to name a summit in Denali National Park and Preserve ...

Central government owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and ...