ENA Sectors 2025-09-24 17:50:31 <p><span style="font-size:14px"><strong>New Delhi, Sep 24 (KNN)</strong> Cochin Shipyard Limited (CSL) has entered into a long-term strategic collaboration with HD Korea Shipbuilding &amp; Offshore Engineering (HD KSOE). </span></p> <p><span style="font-size:14px">The Memorandum of Understanding (MoU) was signed during the event Samudra se Samriddhi Transforming Indias Maritime Sector, in Bhavnagar, Gujarat, on September 20, 2025.</span></p> <p><span style="font-size:14px">The partnership aims to leverage CSLs infrastructure and domestic expertise alongside HD KSOEs global technological capabilities. </span></p> <p><span style="font-size:14px">Under the MoU, CSLs 310-metre dry dock will be used to build large vessels, including Suezmax tankers, container ships, and Capesize bulk carriers, with a capacity of up to six vessels annually.</span></p> <p><span style="font-size:14px">To support these operations, CSL has proposed a Block Fabrication Facility (BFF) on 80 acres in Kochi, involving an investment of about Rs 3,700 crore. </span></p> <p><span style="font-size:14px">The facility, with an annual capacity of 1,20,000 MT, is expected to generate 2,000 direct jobs and several times more indirect employment in associated sectors such as logistics, MSMEs, supply chains, and ancillary industries.</span></p> <p><span style="font-size:14px">The collaboration will also cover joint shipbuilding projects at CSLs existing facilities during the transition phase, while exploring opportunities in greenfield shipyards, emerging business areas, and skill development. </span></p> <p><span style="font-size:14px">In addition, CSL signed a second MoU with Guidance, the nodal agency of the Tamil Nadu government, as part of plans to develop shipbuilding clusters in India. </span></p> <p><span style="font-size:14px">CSL is considering a greenfield investment of about Rs 15,000 crore to establish a state-of-the-art shipyard in Tamil Nadu in collaboration with a Korean partner. </span></p> <p><span style="font-size:14px">The first phase of the project is expected to create nearly 10,000 jobs, including 4,000 direct and 6,000 indirect roles, and may also feature a modern ship repair facility.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43610 https://knnindia.co.in/news/newsdetails/sectors/cochin-shipyard-to-build-large-vessels-container-ships-bulk-carriers-in-india-with-korean-partner 2025-09-24 17:50:31 knnindia.co.in