Cochin Shipyard approves 50:50 Drydocks World JV for Kochi repair yard

Cochin Shipyard and Synergy Marine Group Join Forces on Shipbuilding Initiatives

On September 22, 2026, Synergy Marine Group and Cochin Shipyard Limited formalized their collaboration with a memorandum of understanding in Kochi. The agreement, signed by key executives, aims to combine CSL’s industrial capacity with Synergy’s shipbuilding expertise, enhancing project delivery and focusing on converting LNG carriers into floating storage units.

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ONGC seeks Indian shipyards for new fleet of platform supply vessels

ONGC to Build Platform Supply Vessels Through Domestic Shipbuilders

India’s Oil and Natural Gas Corporation Ltd (ONGC) is reaching out to public sector shipyards to construct four Platform Supply Vessels (PSVs) under a government initiative to bolster domestic shipbuilding. These vessels are vital for supporting offshore oil and gas operations, enhancing self-reliance in maritime infrastructure. Costs range from $15 million to $54 million.

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