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Reliance Naval And Engineering Limited
Reliance Naval and Engineering Limited (R-Naval), formerly known as Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited and Pipavav Defence & Offshore Engineering Company Limited is an Indian shipbuilding and heavy industry company headquartered in Mumbai. The shipyard is located in Pipavav, Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar. R-Naval is the first private sector company in India to obtain a license and contract to build warships. Piavav is the largest shipyard in India. Reliance Naval and Engineering Limited is under Corporate Insolvency Resolution Process as per the provisions of the Insolvency and Bankruptcy Code w.e.f. January 15, 2020. Its affairs, business and assets are being managed by Mr. Sudip Bhattacharya, Resolution Professional, appointed by NCLT Ahmadabad bench by order dated May 5, 2020. History Pipavav Shipyard was established as a wholly ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the 8th largest stock exchange with an overall market capitalisation in the world with more than ₹276.713 lakh crore, as of January 2022. Unlike countries like the United States where nearly 70% of the country's GDP is derived from large companies in the corporate sector like Apple and Tesla, the corporate sector in India accounts for only 12–14% of the national GDP (as of October 2016). Of these only 7,400 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income-related activity from the unorganized sector and household spe ...
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Gantry Crane
A gantry crane is a crane built atop a gantry, which is a structure used to straddle an object or workspace. They can range from enormous "full" gantry cranes, capable of lifting some of the heaviest loads in the world, to small shop cranes, used for tasks such as lifting automobile engines out of vehicles. They are also called portal cranes, the "portal" being the empty space straddled by the gantry. The terms gantry crane and overhead crane (or bridge crane) are often used interchangeably, as both types of crane straddle their workload. The distinction most often drawn between the two is that with gantry cranes, the entire structure (including gantry) is usually wheeled (often on rails). By contrast, the supporting structure of an overhead crane is fixed in location, often in the form of the walls or ceiling of a building, to which is attached a movable hoist running overhead along a rail or beam (which may itself move). Further confusing the issue is that gantry cranes may a ...
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Pressure Vessel
A pressure vessel is a container designed to hold gases or liquids at a pressure substantially different from the ambient pressure. Construction methods and materials may be chosen to suit the pressure application, and will depend on the size of the vessel, the contents, working pressure, mass constraints, and the number of items required. Pressure vessels can be dangerous, and fatal accidents have occurred in the history of their development and operation. Consequently, pressure vessel design, manufacture, and operation are regulated by engineering authorities backed by legislation. For these reasons, the definition of a pressure vessel varies from country to country. Design involves parameters such as maximum safe operating pressure and temperature, safety factor, corrosion allowance and minimum design temperature (for brittle fracture). Construction is tested using nondestructive testing, such as ultrasonic testing, radiography, and pressure tests. Hydrostatic pressure tests ...
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Jackup Rig
A jackup rig or a self-elevating unit is a type of mobile platform that consists of a buoyant hull fitted with a number of movable legs, capable of raising its hull over the surface of the sea. The buoyant hull enables transportation of the unit and all attached machinery to a desired location. Once on location the hull is raised to the required elevation above the sea surface supported by the sea bed. The legs of such units may be designed to penetrate the sea bed, may be fitted with enlarged sections or footings, or may be attached to a bottom mat. Generally jackup rigs are not self-propelled and rely on tugs or heavy lift ships for transportation. Jackup platforms are almost exclusively used as exploratory oil and gas drilling platforms and as offshore and wind farm service platforms. Jackup rigs can either be triangular in shape with three legs or square in shape with four legs. Jackup platforms have been the most popular and numerous of various mobile types in existence. The ...
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Naval Ship
A naval ship is a military ship (or sometimes boat, depending on classification) used by a navy A navy, naval force, or maritime force is the branch of a nation's armed forces principally designated for naval warfare, naval and amphibious warfare; namely, lake-borne, riverine, littoral zone, littoral, or ocean-borne combat operations and .... Naval ships are differentiated from civilian ships by construction and purpose. Generally, naval ships are Damage control, damage resilient and armed with weapon systems, though armament on troop transports is light or non-existent. Naval ships designed primarily for naval warfare are termed warships, as opposed to support (auxiliary ships) or shipyard operations. Naval ship classification Naval ship classification is a field that has changed over time, and is not an area of wide international agreement, so this article currently uses the system as currently used by the United States Navy. *Aircraft carrierships that serve as ...
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Barge
Barge nowadays generally refers to a flat-bottomed inland waterway vessel which does not have its own means of mechanical propulsion. The first modern barges were pulled by tugs, but nowadays most are pushed by pusher boats, or other vessels. The term barge has a rich history, and therefore there are many other types of barges. History of the barge Etymology "Barge" is attested from 1300, from Old French ''barge'', from Vulgar Latin ''barga''. The word originally could refer to any small boat; the modern meaning arose around 1480. ''Bark'' "small ship" is attested from 1420, from Old French ''barque'', from Vulgar Latin ''barca'' (400 AD). The more precise meaning of Barque as "three-masted sailing vessel" arose in the 17th century, and often takes the French spelling for disambiguation. Both are probably derived from the Latin ''barica'', from Greek ''baris'' "Egyptian boat", from Coptic ''bari'' "small boat", hieroglyphic Egyptian D58-G29-M17-M17-D21-P1 and similar ''b ...
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Platform Supply Vessel
A platform supply vessel (PSV) is a ship specially designed to supply offshore oil and gas platforms. These ships range from in length and accomplish a variety of tasks. The primary function for most of these vessels is logistic support and transportation of goods, tools, equipment and personnel to and from offshore oil platforms and other offshore structures. In recent years, a new generation of platform supply vessels entered the market, usually equipped with Class 1 or Class 2 dynamic positioning system. They belong to the broad category of offshore vessels (OSVs) that include platform supply vessels (PSVs), crane vessels (CV) and well stimulation vessels (WSVs), anchor handling tug supply vessels (AHTSVs) and offshore construction vessels (OCVs). Larger offshore vessels have extensive sophisticated equipment including remotely operated underwater vehicles (ROVs) and tend to accommodate a larger number of people (more than 100). Capabilities Cargo A primary function of ...
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Bulk Carrier
A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to continued development of these ships, resulting in increased size and sophistication. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability. Today, bulk carriers make up 21 percent of the world's merchant fleets, and they range in size from single-hold mini-bulk carriers to mammoth ore ships able to carry 400,000  metric tons of deadweight (DWT). A number of specialized designs exist: some can unload their own cargo, some depend on port facilities for unloading, and some even package the cargo as it is loaded. Over half of all bulk carriers have Greek, Japanese, or Chinese owners, and more than a quarter are registered in Panama. South Korea is the largest single bu ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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Dry Dock
A dry dock (sometimes drydock or dry-dock) is a narrow basin or vessel that can be flooded to allow a load to be floated in, then drained to allow that load to come to rest on a dry platform. Dry docks are used for the construction, maintenance, and repair of ships, boats, and other watercraft. History Greco-Roman world The Greek author Athenaeus of Naucratis (V 204c-d) reports something that may have been a dry dock in Ptolemaic Egypt in the reign of Ptolemy IV Philopator (221-204 BC) on the occasion of the launch of the enormous ''Tessarakonteres'' rowing ship. It has been calculated that a dock for a vessel of such a size might have had a volume of 750,000 gallons of water. In Roman times, a shipyard at Narni, which is still studied, may have served as a dry dock. Medieval China The use of dry docks in China goes at least as far back the 10th century A.D. In 1088, Song Dynasty scientist and statesman Shen Kuo (1031–1095) wrote in his '' Dream Pool Essays'': Renais ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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