Colombo Dockyard

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Colombo Dockyard PLC
Company typePublic
CSE: DOCK.N0000
ISINLK0047N00007
Industry
FoundedAugust 1, 1974; 51 years ago (1974-08-01)
Headquarters
Colombo
,
Sri Lanka
Key people
  • T. Nakabe (Chairman)
  • Thimira S. Godakumbura (Managing Director/CEO)
Products
Services
RevenueIncrease LKR9,211 million (2021)
Increase LKR318 million (2021)
Increase LKR171 million (2021)
Total assetsIncrease LKR24,081 million (2021)
Total equityIncrease LKR7,399 million (2021)
Owner
Number of employees
3,000 (2021)
ParentOnomichi Dockyard Company Ltd
Subsidiaries
  • Dockyard General Engineering Services (Pvt) Ltd
  • Dockyard Total Solutions (Pvt) Ltd
  • Ceylon Shipping Agency (Pte) Ltd, Singapore
Websitewww.cdl.lk
Footnotes / references
[1]

Colombo Dockyard PLC (CDPLC) is a ship building company in Sri Lanka and it is based in Colombo. It has built both military and civilian vessels for both local and overseas clients.

History

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Colombo Dockyard, established its operations in 1974 and is one of Sri Lanka's engineering facilities in the business of ship repair, ship building, heavy engineering and offshore engineering. It is situated within the Port of Colombo, thus having the benefits of a deep water harbor.[2]

In November 2024, the financial crisis of Colombo Dockyard PLC was announced. This was followed by the resignation of its two Japanese directors on 6 December while the Sri Lankan directors remained. The company, with assistance from the Government of Sri Lanka, then sought a strategic investor to purchase the 51% stake from Japan's Onomichi Dockyard Co. Ltd. and also support a rights issue to raise $30 million following an open process through the Sri Lankan embassies. Around 40 expressions of interest (EoIs) were received in response from which five were eventually shortlisted.[3]

As of April 2025, Indian state-owned Mazagon Dock Shipbuilders is negotiating to acquire a majority stake of Colombo Dockyard PLC (CDPLC). MDL will reportedly purchase the 51% stake from Japan's Onomichi Dockyard after the continuous losses from CDPLC. A Memorandum of Understanding (MoU) was expected by the end of the month.[4]

The Mazagon Dock Shipbuilders, in its regulatory filing on 27 June 2025, announced its decision of acquisition of a controlling (51%) stake in Sri Lankan peer Colombo Dockyard in a deal worth up to ₹450 crore (US$52.96 million) in order to grow its shipbuilding and repair business. The transaction will be completed within six months following which the Sri Lankan shipbuilder will become a part of Mazagon Dock Shipbuilders.[5] At the end of November 2024, Japan’s Onomichi Dockyard exited its majority stake in Colombo Dockyard. Following this, Colombo reportedly sought New Delhi’s assistance in encouraging Indian investment to avoid default. Mazagon Dock Shipbuilders Ltd was subsequently shortlisted due to its shipbuilding experience and financial capability.[6][7]

Facilities and operation

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File:Greatship Anjali IMO 9408425 (11716175476).jpg
Greatship Anjali built by Colombo Dockyard
File:Lakshadweep Sea.jpg
Lakshadweep built by Colombo Dockyard

Colombo Dockyard operates four graving drydocks, the largest one with a capacity of 125,000 tonnes deadweight (DWT) as well as repair berth facilities. It is accredited with the ISO 9001-2015 quality certification by Lloyd's Register Quality Assurance.[8]

Colombo Dockyard has operated in joint collaboration with Onomichi Dockyard Japan since 1993- the collaboration's twenty-year anniversary was celebrated on March 26, 2013.[9]

In 2020 the Colombo Dockyard built Eco bulk carriers for Norwegian Misje Eco Bulk company, Misje subsidiary of Kåre Misje & Co.[10] Colombo Dockyard also built Buoy Tender Vessels to sell to ports of Iraq through Toyota Tsusho Corporation of Japan. Japan International Cooperation Agency (JICA) helped with this project.[11]

Known ship classes built

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The following ships were known to be made by CD:[12]

  • Jayasagara-class patrol craft[13]
  • Fisheries Protection Vessel
  • Colombo class[14]
  • Coastal surveillance vessel
  • Fire fighting vessel
  • 29 M Landing Craft
  • Fast Landing Craft
  • 35&40 Meter Fisheries Protection Vessel
  • 65 Ton Bollard Pull Tug
  • Anchor Handling Tug Supply Vessel (80 Ton Bollard Pull)
  • Passenger Vessels (250 Passengers)
  • Passenger Vessels (400 Passengers)
  • Multipurpose Platform Supply Vessel
  • Fast Patrol Vessel
  • Anchor Handling Tug Supply Vessel (130 Ton Bollard Pull)
  • VARD 9-01 111.3m Undersea Cable Laying Vessel[15]
  • VARD 7 85m OPV[16]

Customers

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Military clients

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International clients

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References

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  2. ^ Port of Colombo
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  12. ^ http://dl.lib.mrt.ac.lk/bitstream/handle/123/1459/94831%20_1.pdf?sequence=3&isAllowed=y [bare URL PDF]
  13. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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