Cochin Shipyard Limited (CSL), a Public Sector Enterprise under the Ministry of Ports, Shipping and Waterways, Government of India, and Drydocks World, a DP World company, are deepening their collaboration to enhance India’s ship repair and offshore fabrication capabilities.
A Memorandum of Understanding (MoU) was signed in the presence of His Excellency Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, and Madhu S Nair, Chairman & Managing Director of Cochin Shipyard Limited. A high-level delegation from Drydocks World, led by Chief Executive Officer Captain Rado Antolovic, visited CSL from May 1 to 2 to discuss the next steps.
Captain Rado Antolovic stated, “We are pleased to strengthen our collaboration with Cochin Shipyard Limited to support the growth of India’s maritime industry. By combining our global expertise with CSL’s local strength, we are laying the foundation for a world-class ship repair and offshore fabrication ecosystem in India. This is a long-term commitment to foster innovation, generate skilled employment, and contribute to India’s vision for a self-reliant and globally competitive maritime sector by 2030 and beyond.”
In-depth discussions with CSL’s senior leadership, led by CMD Madhu S Nair, focused on operationalising the MoU and identifying immediate and long-term opportunities. The two sides plan to initiate joint work at the International Ship Repair Facility (ISRF) in Kochi as the first step, with a broader vision to expand collaboration across India.
The partnership is expected to play a significant role in developing a robust ship repair ecosystem capable of serving both domestic and international fleets. It will also support the enhancement of India’s offshore fabrication capabilities and contribute to marine engineering training and skilling initiatives.
These collaborative efforts align with the Government of India’s Maritime India Vision 2030 and Amrit Kaal Vision 2047, aimed at positioning India as a global maritime hub equipped with modern infrastructure, advanced technology, and a skilled workforce.
