Drydocks World, CSL Join Hands to Boost Cochin Ship Repair Cluster

30 Oct 2025 CW Team

The MoU was exchanged in the presence of Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal and H.E. Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World, between Captain Rado Antolovic, PhD, CEO, Drydocks World, and Madhu S Nair, Chairman and Managing Director, CSL, during India Maritime Week 2025 in Mumbai.

Strategically located along major international shipping routes, the ISRF features a state-of-the-art ship lift system and modern docking facilities for a wide range of vessels. The collaboration will enable both organisations to explore cooperation models within the ship repair cluster ecosystem, driving future growth in India’s maritime capabilities and reinforcing its position as an emerging global maritime hub.

Captain Rado Antolovic, PhD, CEO, Drydocks World, said: “Our partnership with Cochin Shipyard marks another milestone in DP World’s commitment to strengthening India’s maritime infrastructure and competitiveness. By bringing together Drydocks World’s international expertise and CSL’s deep local experience, we are developing an advanced ship repair ecosystem built on efficiency, sustainability, and innovation. Together, we aim to make Cochin the region’s preferred destination for ship repair and maritime services, supporting India’s ambition to become a leading global maritime hub.”

Madhu S Nair, Chairman and Managing Director, CSL, said: “This collaboration brings together two of the region’s most respected maritime organisations with a shared vision of excellence. Leveraging our complementary strengths, we aim to elevate India’s ship repair and maintenance standards to global benchmarks and position Cochin as a centre of excellence serving regional and international fleets.”

The agreement aligns with the Maritime Amrit Kaal Vision 2047, which identifies Cochin as a key site for next-generation ship repair infrastructure. By combining CSL’s proven shipbuilding and repair expertise with Drydocks World’s global experience in vessel repair, major conversions, and offshore EPC, the partnership aims to create a modern, globally competitive ecosystem that enhances local capability and employment.

Drydocks World, a DP World company, and Cochin Shipyard (CSL) have signed an Agreement of Heads of Terms to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility (ISRF) in Cochin, Kerala. The MoU was exchanged in the presence of Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal and H.E. Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World, between Captain Rado Antolovic, PhD, CEO, Drydocks World, and Madhu S Nair, Chairman and Managing Director, CSL, during India Maritime Week 2025 in Mumbai. Strategically located along major international shipping routes, the ISRF features a state-of-the-art ship lift system and modern docking facilities for a wide range of vessels. The collaboration will enable both organisations to explore cooperation models within the ship repair cluster ecosystem, driving future growth in India’s maritime capabilities and reinforcing its position as an emerging global maritime hub. Captain Rado Antolovic, PhD, CEO, Drydocks World, said: “Our partnership with Cochin Shipyard marks another milestone in DP World’s commitment to strengthening India’s maritime infrastructure and competitiveness. By bringing together Drydocks World’s international expertise and CSL’s deep local experience, we are developing an advanced ship repair ecosystem built on efficiency, sustainability, and innovation. Together, we aim to make Cochin the region’s preferred destination for ship repair and maritime services, supporting India’s ambition to become a leading global maritime hub.” Madhu S Nair, Chairman and Managing Director, CSL, said: “This collaboration brings together two of the region’s most respected maritime organisations with a shared vision of excellence. Leveraging our complementary strengths, we aim to elevate India’s ship repair and maintenance standards to global benchmarks and position Cochin as a centre of excellence serving regional and international fleets.” The agreement aligns with the Maritime Amrit Kaal Vision 2047, which identifies Cochin as a key site for next-generation ship repair infrastructure. By combining CSL’s proven shipbuilding and repair expertise with Drydocks World’s global experience in vessel repair, major conversions, and offshore EPC, the partnership aims to create a modern, globally competitive ecosystem that enhances local capability and employment.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Real Estate

04 Aug 2026

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Infrastructure Energy

04 Aug 2026

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..