Dredging Corporation of India Limited, a Government of India Undertaking under the administrative control of Ministry of Shipping has entered into Contract with IHC, Dredgers B.V., The Netherlands, for design, construction and supply of Trailer Suction Hopper Dredger having capacity of 5500 Cu.M at a total cost of about Rs.500Cr. The vessel is scheduled for delivery in Sept 14.

The contract was signed by Capt. S.S. Tripathi, CMD, DCI on 24 h February, 2011 at New Delhi in the presence of Thiru G.K.Vasan, Hon’ble Minister of Shipping, Shri K.Mohandas, Secretary (Shipping), Mr J J Roodenburg, Deputy Head of Mission, Royal Netherlands, Embassy, Board of Directors, DCI, Shri.A Korevaar, Director, Marketing and sales, IHC, The Netherlands along with other officials of Ministry, DCI and IHC. DCI is the premier dredging company in India and is among the top dredging companies in the world. It is the only dredging Company under the control of Government of India and caters to the needs of Major Ports, Navy, Shipyards etc. DCI is a Mini Ratna Public Sector Undertaking and has been awarded MOU rating of “Excellent” by the Government of India for performance for the year 2009-10.