• SENSEX 75,364.69
    -930.67 (--1.22%)
  • BANKNIFTY 51,502.70
    -94.65 (--0.18%)
Back

Corporate News

To explore opportunities in ship repair, maintenance, and shipbuilding in India

Cochin Shipyard announces collaboration with A.P. Moller 'V Maersk
17-Feb-2025, 03:06

Cochin Shipyard (CSL) has entered into a Memorandum of Understanding (MoU) with A.P. Moller 'V Maersk to explore collaboration opportunities in ship repair, maintenance, and shipbuilding in India. This aligns with the Government of India's Vision 2047 maritime objectives and recent Union Budget 2025-26 announcements to position India among the top global maritime hubs.

The MoU encompasses key areas of co-operation such as: 'h

Technical expertise sharing for achieving global standards in ship maintenance;

Exploration of ship repair, dry docking, and new building opportunities; 'h

Joint training programs focusing responsible practices; and 'h

Skill development initiatives for both CSL employees and Maersk seafarers

Powered by Capital Market - Live News