+
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 Energy

KPIL announces new business wins worth Rs 22.25 bn

Kalpataru Projects International (KPIL) has secured new orders and a letter of comfort worth approximately Rs 20.31 billion in its power transmission and distribution (T&D) business across India and international markets. Additionally, its Swedish subsidiary, Linjemontage i Grästorp AB, has received an order worth approximately Rs 1.94 billion (SEK 200 million), taking the combined order value to Rs 22.25 billion.Commenting on the order wins, Manish Mohnot, Managing Director and CEO, KPIL, said the new orders reflect customer confidence in the company's execution capabilities and technical ex..

Next Story
Infrastructure Transport

Tiruchi Airport Handles over 20 t of Domestic Cargo in a Month

Tiruchi International Airport has handled more than 20 t of inbound and outbound domestic cargo since the facility was launched in late August. Outbound shipments have exceeded inbound volumes, with private carriers transporting goods to Chennai, Delhi, Bengaluru and Mumbai. The domestic cargo service began after the Bureau of Civil Aviation Security (BCAS), an independent department under the Ministry of Civil Aviation, granted clearance. The facility was introduced to give local businesses a faster route for sending goods to major domestic hubs, reducing their reliance on cargo routed throug..

Next Story
Infrastructure Urban

Gabriel India Forms Joint Venture with Forvia for Advanced Seating

Gabriel India, part of the US$2.6 bn Anand Group, has formed a joint venture with France-based Forvia to bring advanced seating systems and technologies to the Indian automotive market. The partnership expands Gabriel India’s participation in vehicle systems as automotive architectures become more sophisticated and customer requirements evolve. The joint venture, named Faurecia Anand Seating India, combines Forvia’s global seating technology expertise with Gabriel India’s manufacturing capabilities, customer relationships and understanding of the Indian automotive market. Forvia will hol..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code