Cochin Shipyard Joins HD Korea for Long-Term Shipbuilding
PORTS & SHIPPING

Cochin Shipyard Joins HD Korea for Long-Term Shipbuilding

Cochin Shipyard (CSL) has taken a major step towards Atmanirbhar Bharat by signing a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for long-term strategic collaboration in shipbuilding. The MoU was exchanged during the landmark event “Samudra se Samriddhi – Transforming India’s Maritime Sector”, inaugurated by Prime Minister Shri Narendra Modi on 20th September 2025 at Bhavnagar, Gujarat.

Union Minister of Port, Shipping and Waterways Sarbananda Sonowal, Union Minister of State Shantanu Thakur, Jung Changin, Senior VP of Hyundai, and Madhu S Nair, CMD of CSL, were present for the signing.

The partnership combines CSL’s legacy, domestic expertise, and infrastructure with HD KSOE’s advanced technology and global experience, enhancing India’s shipbuilding capabilities. Under the MoU:

CSL’s 310-meter new dry dock, inaugurated in January 2024, will construct Suezmax tankers, container ships, and Capesize bulk carriers, with an annual capacity of up to six vessels.
A dedicated Block Fabrication Facility (BFF) is planned at Kochi on ~80 acre, with 1,20,000 MT annual capacity and an investment of Rs 37 billion, expected to create 2,000 direct jobs and several thousand indirect employment opportunities.
The collaboration will also focus on joint execution of projects at CSL’s existing facilities, greenfield shipyards, skill development, and next-generation vessel production.

The initiative aligns with national visions like Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, reinforcing India’s ambition to become a global shipbuilding hub.

CSL also signed a second MoU with Guidance, Tamil Nadu’s nodal agency, to develop shipbuilding clusters. As part of a long-term growth plan, CSL is considering a Rs 150 billion greenfield investment in Tamil Nadu, potentially creating 10,000 jobs and including a modern ship repair facility.


News source: PIB

Cochin Shipyard (CSL) has taken a major step towards Atmanirbhar Bharat by signing a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for long-term strategic collaboration in shipbuilding. The MoU was exchanged during the landmark event “Samudra se Samriddhi – Transforming India’s Maritime Sector”, inaugurated by Prime Minister Shri Narendra Modi on 20th September 2025 at Bhavnagar, Gujarat.Union Minister of Port, Shipping and Waterways Sarbananda Sonowal, Union Minister of State Shantanu Thakur, Jung Changin, Senior VP of Hyundai, and Madhu S Nair, CMD of CSL, were present for the signing.The partnership combines CSL’s legacy, domestic expertise, and infrastructure with HD KSOE’s advanced technology and global experience, enhancing India’s shipbuilding capabilities. Under the MoU: CSL’s 310-meter new dry dock, inaugurated in January 2024, will construct Suezmax tankers, container ships, and Capesize bulk carriers, with an annual capacity of up to six vessels. A dedicated Block Fabrication Facility (BFF) is planned at Kochi on ~80 acre, with 1,20,000 MT annual capacity and an investment of Rs 37 billion, expected to create 2,000 direct jobs and several thousand indirect employment opportunities. The collaboration will also focus on joint execution of projects at CSL’s existing facilities, greenfield shipyards, skill development, and next-generation vessel production.The initiative aligns with national visions like Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, reinforcing India’s ambition to become a global shipbuilding hub.CSL also signed a second MoU with Guidance, Tamil Nadu’s nodal agency, to develop shipbuilding clusters. As part of a long-term growth plan, CSL is considering a Rs 150 billion greenfield investment in Tamil Nadu, potentially creating 10,000 jobs and including a modern ship repair facility.News source: PIB

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement