Cochin Shipyard and DP World Form Ship Repair JV
Cochin Shipyard Limited (CSL) has formed a 50:50 joint venture with Drydocks World Dubai FZCO to manage its International Ship Repair Facility in Kochi. The venture, valued at Rs 1,800 crore, will enhance ship repair capabilities and align with India’s Maritime Vision 2030, pending approvals by key authorities.