Maersk and Cochin Shipyard Sign MoU for Maritime Growth in India

Date:

A.P. Moller – Maersk (Maersk) and Cochin Shipyard Limited (CSL) have signed a Memorandum of Understanding (MoU) to collaborate on ship repair, maintenance, and construction in India. This strategic partnership aligns with the Maritime Amrit Kaal Vision 2047 and the recent Union Budget FY 2025-26, which aims to position India among the top five global maritime hubs.

Under the agreement, Maersk will bring its global fleet expertise to enhance CSL’s capabilities, focusing on container ship maintenance, repair, and drydocking operations. The collaboration will not only strengthen India’s shipbuilding industry but also contribute to maritime infrastructure development.

Additionally, the MoU includes joint training programs on responsible practices and skill development initiatives for CSL employees and Maersk seafarers. This effort aims to upskill the workforce, ensuring adherence to global maritime standards.

With the Indian government’s push for self-reliance in maritime operations, this partnership is expected to boost domestic shipbuilding and repair capabilities, fostering economic growth and technological advancements. The alliance underscores India’s growing significance in the global maritime sector while enhancing its competitiveness on the international stage.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3 + 9 =

Share post:

Subscribe

spot_img

Popular

More like this
Related

HG Infra Engineering Receives Provisional Certificate for Odisha Highway Project

HG Infra Engineering’s wholly owned subsidiary, HG Raipur Visakhapatnam...

CCI Group Invests ₹227 Crore in New Grade-A Warehouse Facility in Gurugram

CCI Group, one of India’s leading integrated logistics service...

India’s NaBFID Plans $2 Billion Foray into Offshore Debt

India’s National Bank for Financing Infrastructure and Development (NaBFID)...

Mumbai Leads India’s Real Estate Equity Investment with $6.9 Billion Inflow

Mumbai has emerged as the top destination for real...