Cochin Shipyard Signs Rig MoU

26 Nov 2024 CW Team

Cochin Shipyard Ltd (CSL) announced on Friday its signing of a memorandum of understanding (MoU) with Seatrium Letourneau USA, Inc. (SLET). This partnership is geared towards designing and providing critical equipment for jack-up rigs tailored to the Indian market, aligning with the government's Make in India initiative.

By leveraging CSL's proven expertise in ship construction and SLET's advanced technical and design capabilities, the collaboration seeks to address the growing demand for mobile offshore drilling units within India. These rigs are expected to be integral to India's expanding energy exploration efforts, focusing on domestic production and reduced reliance on imports.

The initiative is a step forward in enhancing India's maritime infrastructure, supporting technological innovation, and strengthening local manufacturing capabilities. This partnership reflects a commitment to advancing the Indian offshore drilling sector and supporting the nation's drive towards self-reliance in critical industrial domains.

This development not only underscores CSL's role in India's industrial growth but also positions SLET as a key contributor to India's energy and infrastructure sectors.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..