In a significant boost towards the Make in India initiative, Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a long-term strategic collaboration in shipbuilding. The MoU was exchanged during the landmark event “Samudra se Samriddhi—Transforming India’s Maritime Sector,” inaugurated by the Hon’ble Prime Minister Shri Narendra Modi on Saturday, 20th September 2025, at Bhavnagar, Gujarat.

Under this collaboration, CSL’s 310-meter new dry dock, which was inaugurated by the Hon’ble Prime Minister of India on 17th Jan 2024, will be utilized to construct large vessels such as Suezmax tankers, container ships, and Capesize bulk carriers, with a capacity of up to six vessels annually.

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