Articles by Bl Kochi Bureau

Technology

Drydocks World, Cochin Shipyard ink pact to enhance ship repair cluster in Kerala

Drydocks World, a DP World company, and Cochin Shipyard Limited 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 Kochi. The MoU was exchanged between Rado Anotolovic, CEO, Drydocks World, and Madhu S Nair, Chairman and Managing Director, Cochin Shipyard 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 capable of servicing a wide range of vessels. CSL and Drydocks World will together evaluate and explore potential models of cooperation within the ship repair cluster ecosystem. The collaboration will facilitate future growth in India’s maritime capabilities and contribute to the nation’s position as an emerging hub for global maritime services. Rado Anotolovic stated, “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, Cochin Shipyard Limited, said, “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 represents a major step towards advancing the Maritime Amrit Kaal Vision 2047, which positions Kochi as a key location for developing next-generation ship repair infrastructure. By combining CSL’s proven shipbuilding and repair expertise with Drydocks World’s global experience in high-end vessel repair and maintenance, major conversions and offshore EPC, the partnership will create a modern, globally competitive ecosystem that enhances local capability. Published on October 30, 2025