
Drydock World and Cochin Shipyard signed an MoU to carry in international greatest practices to the ship repair ecosystem in India and add vital capacities
In its efforts to create world-class upkeep and repair amenities, Drydocks World, a DP World firm, and Cochin Shipyard Ltd will collectively consider alternatives for growing ship repair clusters in Kochi and Vadinar in Gujarat.
The partnership will play an important position in modernising India’s maritime infrastructure, increasing the ship repair trade and producing new employment alternatives. The collaboration will discover alternatives to develop ship repair clusters alongside India’s shoreline leveraging the experience of each organisations, stated a press launch.
The 2 firms signed an MoU in this regard to carry in international greatest practices to the ship repair ecosystem in the nation and add vital capacities. The MoU additionally gives for cooperation in potential offshore fabrication alternatives participating different entities like main ports.
The businesses will collectively consider alternatives for participating with authorities entities akin to main ports to improve ship repair and offshore fabrication capabilities; increasing collaboration into associated areas akin to marine engineering and strategic infrastructure initiatives.
Sultan Ahmed bin Sulayem, Group Chairman and Chief Government Officer of DP World, stated: “With an enormous shoreline and world-class ports, India is effectively positioned to change into a world maritime hub. The partnership with Cochin Shipyard will speed up the event of cutting-edge ship repair and fabrication amenities, enjoying an essential position in attaining this objective”.
Madhu S Nair, Chairman and Managing Director, Cochin Shipyard Restricted, stated, “we be a part of palms with Drydocks World to take ship repair and conversions in India to the following stage. The MoU marks the start of our effort at strategic collaboration aimed toward leveraging the mutual strengths of two organisations”.
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Printed on April 11, 2025
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