<p>India&#8217;s state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in Sri Lanka&#8217;s Colombo Dockyard for $52.96m. The Sri Lankan yard had previously been controlled by Japan’s Onomichi Dockyard which had been looking for investors to take over its stake. Colombo Dockyard, established in 1974 and &#8230;</p> </p><p><p>https://splash247.com/indian-shipbuilder-buys-majority-stake-in-sri-lankas-largest-yard/</p></p>