Theodore Immanuel, Senior Commercial Specialist from US Consulate, Hyderabad met Prof Dr. G.Y.V Victor, MD & CEO in DCI
Head Office and exchange greetings.
Prof Dr G Y V Victor, MD & CEO, DCI greeting Mr. Marten Van Den Berg, Ambassador of the Kingdom of Netherlands.
Prof Dr G.Y.V Victor, MD & CEO greeting Shri N Rangaswamy, Honourable Chief Minister of Puducherry. Capt K.M
Choudhary, GM (OPS) was also present.
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THE MIRROR OF DCI
CHENNAI PORT TRUST DCI has been awarded the Maintenance Dredging of Entrance Channels, Dr Ambedkar Dock Basin, Bharathi Dock Basin, Jawahar Dock, Turning Circle and all berths of Chennai Port. The total cost of the project is Rs.24.26 CR for dredging a quantity of 1.311 Million Cubic Meter. Dredging Corporation of India (DCI) will shortly commence Dredging with a completion period of Five months.
New Mangalore Port Trust DCI has been awarded the Post Monsoon Maintenance Dredging at New Mangalore Port for 3 years from 2020-21 to 2022-23 at a total cost of Rs.111.22 CR for dredging a quantity of 20Million Cubic Meter. Dredging Corporation of India (DCI) will shortly commence Dredging with a completion period of Four months.
Maintenance Dredging Contract awarded at Mormugao Port Trust
MORMUGAO PORT TRUST DCI has been awarded the Maintenance Dredging Contract at Mormugao Port Trust for three years from 2020-21 to 2022-23 to dredge a quantity of 2.2 Million Cubic Meter at an estimated cost of Rs 17.325 CR. DCI carries out Dredging every year from the month of September month and the dredging of the present year commenced on 17th Sep 2021.
Ongoing Projects of DCI
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THE MIRROR OF DCI
Material Management includes planning, organizing, leading and controlling activities in the organization to accomplish the desired goal –DCI to become a Global player in the Dredging services. Materials constitute one of the important factors of Dredging process. Materials is normally in the form of Spares, Stores and Fuel &Lubes consumed in the process of dredgingprocess. Inventory termed in DCI as stock of Fuels, Spares and Stores that are contributing to the production by the Dredgers. Materials Management is the movement of materials / Spares from Procurement to consumption onboard, particularly the spare parts for replacements in the Dredge equipment systems as per the Planned Maintenance System (PMS) that deals with supply chain and quality control of such parts.
Materials Dept strives to ensure that the material cost of Spare parts of the total product cost be the least. Cost incurred on fuels, Lub Oils, Spare parts and Stores on board Dredgers being a major component of the overall expenditure.
The Spare parts and Stores constitutes to 3% to 4 % of total expenditure and Fuel & L.O constitutes 37% of total expenditure of Dredging production. The recent year steep cost escalation of Fuels specially HFLSHSD has relatively increased in the percentage of Fuel of total expenditure of dredging.DuringDrydocking of Dredgers, many critical Spare parts are consumed for improving the efficiency of Dredge equipment systems for better production by the DCI Dredgers.
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THE MIRROR OF DCI
DCI has celebrated Engineer's Day on 15th Sept 2021 to remember the yeoman services rendered by the Engineers to the society by inaugurating a state of art Soil Lab in its premises and also keeping in view Maritime Vision 2030.
The Soil Lab Testing Laboratory brings the following benefits:-
Selection of suitable dredging equipment
To estimate realistic production layer wise based on dredging equipment selected
For day to day production assessment during execution
Lab test results dredged material can be assessed for their beneficial use in different sectors for their
development
Test can be performed on rock samples for selection of suitable Cutter suction dredgers for dredging rock strata.
For development of suitable dredging equipment under research and development programme
To maintain the quality of Soil investigation data Comprehensive geotechnical site information along with Soil laboratory tests data significantly lowers risk levels during execution.
Inauguration of State of Art Soil Lab at DCI
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THE MIRROR OF DCI
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twitter handle applauded DCI Board Room waste to
wealth concept.
Ministry of Ports, Shipping & Waterways Twitter Handle
Ministry of Ports, Shipping & Water ways twitter handle Re-Tweeted DCI’s Special Edition of 75th Independence Day AzadiKaAmritMahotsav E magazine Darpan.
Smt.S.Sujatha, AM (HR)/OL)
4th Annual DOC Verification Audit
4thAnnual DOC Verification Audit of DCI was carried out on 03.09.2021 by Directorate General of Shipping and the Document of Compliance to ISM Code was endorsed successfully.
COVID - 19 Vaccination Drive for Floating Employees on Board DCI Dredge XI
COVID - 19 Vaccination Drive
DCI organized COVID 19 Vaccination drive for its employees and their families on 3rd Aug 2021. 108 nos of employees and their family members got benefitted.
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Smt. M Vijayalakshmi, Joint Manager (HSE)is a Mechanical Engineering Graduate & M.B.A in Safety Management.She spoke about the Maritime Rules & Regulations, Implementing International SafetyManagement Code, MLC 2006,
Shri Sriman N Sambit, Joint Manager (HR) working in Vigilance Deptt is having PGD in HR. He spoke exclusivelyonCDA and CSO Rules, Disciplinary proceedings, Principles of Natural Justice, Major & Minor Penalties& Stages of Disciplinary proceedings etc.
Shri K Haribabu, Asst Manager (Mat) holds PGDegree in Technology &a PG Diploma in Material Management. He spoke about Procurement, Disposals, GeM& MSME online Portals. He has given a detailed presentation on how to use the procurement portals.
Smt Y.A Sailaja, DGM (HR) is an M.B.A in Personnel Management. She spoke about 360 Degree Performance Appraisal Processes and the methodology for effective implementation of the same.
Shri N.P Panigrahy, Joint Manager (HR) working at Paradip Project Office is having PGDegree in PMIR. He spoke on the Indian best seller book “The Right Choice” by Shiv Shivakumar. He has thrown light on the take home lessons from the book.
Shri A.K Dasgupta, JGM (Legal) holds a Bachelor Degree in law and Post Graduate Degree in Business Management. He has more than 20 years of experience in HR field. He spoke about Right to Information Act 2005 and its importance. He has
explained his hands on experience on the handling of RTI Applications.
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6th Edition of National PSU Summit
Prof Dr. G.Y.V Victor, DCI MD & CEO participated as a panellist at 6th Elets National PSU Summit 2021 spoke on addressing the future challenges of DCI by using innovative technology. He, further emphasised on the fact that DCI is effectively using the combination of Three E’s, viz. Experience, Expansion and Equity during this challenging uncertain times of a Pandemic.
DCI organized a webinar on Contract Management in Marine & Dredging Projects by Shri. ZerickDastur, Founder ZerickDastur Advocates. Shri. ZerickDastur spoke extensively about the important points to be remembered while drafting any Marine contract. He also emphasised on the fact that most of the legal issues are arising due to poor drafting of contract agreements.
Contract Management in Marine & Dredging by Shri ZerickDastur
Public Private Partnership by Shri A Balasubramanian, PPP Professional
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THE MIRROR OF DCI
Kochi , formerly known in English as Cochin is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of Kerala and is often referred to as Ernakulam. Kochi is the most densely populated city in Kerala. Called the "Queen of the Arabian Sea", Kochi was an important spice trading centre on the west coast of India from the 14th century onward, and maintained a trade network with Arab merchants
Kochi is known as the financial, commercial and industrial capital of Kerala. The city is home to the Southern Naval Command of the Indian Navy and is the state headquarters of the Indian Coast Guard with an attached air squadron. Commercial maritime facilities of the city include the Port of Kochi, an International Container Transhipment Terminal (ICTT) the Cochin Shipyard, offshore SPM of the BPCL Kochi Refinery and the Kochi Marina.
Kochi is located on the southwest coast of India at 9°58′N 76°13′E, with a corporation limit area of 94.88 km2 (36.63 sq mi). The city straddles the backwaters, encompassing the northern end of a peninsula, several islands and a portion of the mainland. To the west lies the Laccadive Sea, and to the east is the urbanised region in the rest of the mainland area. Much of Kochi lies at sea level, with a coastline of 48 km.
Dredging at Cochin Port Trust:
Cochin Port is one of the major ports between the Arabian Sea and the Indian Ocean, situated in the state of Kerala in India. It is also one of the largest ports in the country and is governed by the Cochin Port Trust. Cochin Port is one of the 12 Major Ports in India. It is an all weather port located in the State of Kerala on the west coast of India (9o 58’ N, 76o 16’ E) within the Cochin lagoon, which has natural protection from the sea by the headlands of Fort Cochin and Vypeen. The entrance to the Port is through the sea outlet between the peninsular headland of Vypeen and Fort Cochin, popularly known as the ‘Cochin Gut’. LNG Basin is situated at the northern side of the outer channel near the Cochin Gut. Kochi ranks among India's major seaports, partly due to being one of the safest harbours in the Indian Ocean.
It also operates passenger ships to Colombo and Lakshadweep. Boat services are operated by Kerala Shipping and Inland Navigation Corporation, the State Water Transport Department and private firms from various boat jetties in the city. The junkar ferry for the transhipment of vehicles and passengers between the islands is operated between Ernakulum and Vypin, and between Vypin and Fort Kochi. However, with the construction of the Goshree bridges (which links Kochi's islands), ferry transport has become less essential. The main boat jetties are Ernakulam Main Boat Jetty near Park Avenue, High Court Jetty in Banerjee Road, Embarkation Jetty in Willingdon Island and Fort Kochi Jetty.
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THE MIRROR OF DCI
Hans India, a leading business newspaper has interviewed Prof Dr. G.Y.V Victor, MD& CEO on future goals of DCI and how DCIL will be ready to meet goals of Maritime Vision-2030.
In an exclusive interview to Hans India Prof Dr G.Y.Victor said that the company has a bright future ahead by becoming self-reliant to meet the goals of Maritime Vision 2030. He stated that DCIL is slowly bouncing back to normal operations after cascading effect of pandemic coupled with imposition of lockdown although the ports being essential services are fully operational with certain limitations. The Pandemic has an impact on the service sector including the dredging industry due to disrupted running and planned repair, prolonged dry dock repairs, transfer of crew to the dredgers from their home towns affecting the efficiency.
He has further informed that Ministry of Ports, Shipping and Waterways accorded approval for building a Trailing Suction Hopper Dredger of 12,000 m3 capacity by Cochin Shipyard Limited. This will be the first time that DCI shall be building TSHD in an Indian Shipyard. Otherwise, all these specialized dredgers were built by IHC in the Netherlands. On the question whether after major ports picked up a majority stake in DCIL, the brand value of DCI has gone up and has this resulted in obtaining fresh work order, Prof Dr. G.Y.V Victor said it was a strategic plan of the Ministry of Ports, Shipping and waterways to transfer government owned shares to major ports under its administration, so that DCIL shall function under the administration of the ministry and cater to the requirements of all the major ports. He further added that few ports have nominated the dredging projects to DCIL to save money on other projects that were awarded through a tender process. On another important question on venturing into overseas dredging market, Prof Dr G.Y.V Victor replied that DCIL is willing to enter into MOU with our foreign partners to secure wok overseas. We shall be expanding to our neighbouring countries to commence our works.
Lastly on very important question of DCI plans to offer consultancy to other firms in reclamation of land, ProfDr.G.Y.VVictor stated that they have specialized in all spheres of marine dredging works as contractors and as project management consultants. He emphasised on the fact that DCIL is transforming from contractor to the status of preferred contractor by our clients. DCIL has earned its name as a reliable contractor to complete the works to the satisfaction of the clients. DCIL has plans to expand to neighbouring countries as both a dredging contractor and an EPC contractor. He informed that t DCIL is in discussion with reputed overseas dredging and civil contractors to form a consortium for bidding for projects. , DCI ,
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THE MIRROR OF DCI
TV Network 18 English
DCI MD & CEO Prof Dr G.Y.V Victor highlighted future plans of DCI entering into Private Public Partnership Model Prof Dr. G.Y.V Victor said “DCI will aim to work closely with all the major ports for port development under a new concept of Public Private Partnership that is still at a very nascent stage. Under this PPP model DCI will take up Port Development Civil works along with overall maintenance of
Electronic & Social Media interactions
Zee Business Hindi Daily
Interacting first time with Zee Business DCI MD &CEO ProfDr. G.Y.V Victor gave an overview of DCI Financial Results 2020-21 and Future forecast of 2021-22 Prof Dr. G.Y.V Victor said “DCI posted a onetime loss in the financial year 2020-21 due to legacy provisions. He emphasised on the fact that in the year 2020-21 there was an operational profit. He further added that Covid also played a spoil sport that put enormous pressure on both top and bottom line. To the question about the outlook for the upcoming financial year 2021-22, Prof Dr. G.Y.V Victor replied that he is pretty confident that DCI will turn into Green.
Interacting first time with ETV DCI MD &CEO ProDr. G.Y.V Victor talked about the future vision of DCI Prof Dr. G.Y.V Victor said “DCI has become preferred dredging contactor for all major ports because DCI is quickly adopting innovative dredging technology for all inclusive growth. The opening of Soil Research Lab in DCI is one of the R&D initiatives DCI has adopted. He emphasised that DCI is in process of finalizing training & repair institute in Antarvedi. Finally, Prof Dr G.Y.V Victor said that his dream is to see that DCI will become number one dredging company in the world.
ETV Telugu Daily
DCI Share price July 21 to September 21
In the last four months DCI share has performed reasonably well at par with the Nifty 50 benchmark indices. DCI share price remained consistent irrespective of the fact that DCI has posted loss for the first time. This proves the point that our investors have full confidence on DCI’s fundamentals and her future performance. The good news is FII/FPI investors have started to look at DCI in a positive way and DCI share continues to remain stable even during high level of Market Volatility. This shows the fundamentals of DCI is intact and investors continue to have faith on DCI future growth prospectus.
DCI Share Price
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The Floating Employees on board DCI Dredgers Celebrated Various Festivals
Ganesh Chaturthi Celebrations at on board DCI Dredge XV, XXI and XI
Vishwa Karma Pooja Celebrations on board DCI Dredgers
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Mr M R Natarajan Media and Communications Officer natrajan@dcil.co.in; +91 7780718424
Designed by :Mrs U Revathi& Mrs S VenuMadhuri
Published by :Media and Communication Division, DCI
Dredging Corporation of India Limited Requires Following Experienced Marine Personnel
Master(FG)/Dredge Master Gr-I/
Dredge Master Gr-II/Mate(FG)
MEO Cl-I(FG)/MEO CL-II(FG)/
Dredge Engineer Gr-I/Gr-II /
MEO Cl-III(NCV-SEO) Candidates should visit our website www.dredge-india.com for further details. Only online applications submitted through our web portal will be accepted.
Disposal of Dredge-Aquarius as scrap.
DREDGING CORPORATION OF INDIA LIMITED “DREDGE HOUSE” SEETHAMMADHARA,
HB COLONY MAIN ROAD VISAKHAPATNAM – 22
For more details please visit our website http://www.dredge-india.com/
Vacancy in Floating Establishment
Disposal of Dredge Aquarius
THE MIRROR OF DCI
Registered Office: Core-2,1st Floor, 'Scope Minar’, Plot No.2A & 2B, Laxmi Nagar Dist. Centre, Delhi-110091 Tel. No.: +91 011 2244 8528