A.P. Moller-Maersk (Maersk) and Cochin Shipyard Limited (CSL) have announced a strategic partnership aimed at boosting ship repair and shipbuilding activities in India. The Memorandum of Understanding (MoU) between the two companies signifies a commitment to supporting the Indian government’s Vision 2047 for the maritime sector, with the goal of establishing India as a top-tier global maritime hub.
The collaboration arrives at a critical juncture, as the global shipping industry anticipates potential bottlenecks in ship repair yard capacity. Maersk, a leading global logistics company, intends to leverage its extensive fleet and expertise to enhance CSL’s capabilities in container ship maintenance, repair, and drydocking operations. The first Maersk vessel repair at CSL is already slated for 2025, heralding a potentially long-lasting collaborative relationship.
The MoU outlines several key areas of cooperation, including technical expertise sharing to meet global standards in ship maintenance. The partnership will also explore opportunities in ship repair, drydocking, and new building, as well as establish joint training programs focused on responsible practices. Skill development initiatives are also planned for both CSL employees and Maersk seafarers.
This alliance aligns with recent announcements in the Union Budget 2025-26, which emphasized the establishment of shipbuilding and repair clusters and the creation of a Shipping Development Fund to provide long-term, low-cost financing for the sector. The collaboration will initially focus on vessels up to 7,000 TEU for afloat repairs and up to 4,000 TEU for dry-docking, with the intention to expand capabilities over time.
Cochin Shipyard Limited, a Government of India enterprise, boasts a strong track record in shipbuilding and ship repair, delivering vessels to clients worldwide. Maersk, with operations in over 130 countries, is committed to achieving net-zero greenhouse gas emissions by 2040. This partnership is expected to contribute significantly to India’s maritime sector growth, supporting the development of world-class ship repair and building capabilities within the country.
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Published on: February 16, 2025 at 9.30PM GMT.
2nd All India State Water Ministers’ Conference:
The 2nd All India State Water Ministers’ Conference ,organized by the National Water Mission under the Ministry of Jal Shakti, is set to take place on February 18-19 in Udaipur, Rajasthan, with the theme “India@2047 – A Water Secure Nation.” While the conference aims to discuss crucial water resource management policies, the reality on the ground often tells a different story. Many projects, though well-intended, face execution issues due to intermediaries like contractors who exploit resources. A visit to places like V. Badaga would reveal how small, delicate pipes are being installed now for a project that was supposedly completed earlier—raising concerns over repeated spending and accountability.
As stated in Bhagavad Gita :
उद्धरेदात्मनाऽऽत्मानं नात्मानमवसादयेत्।
आत्मैव ह्यात्मनो बन्धुरात्मैव रिपुरात्मनः॥
One must elevate oneself by one’s own mind and not degrade oneself. The mind is both a friend and an enemy of the self.
18th February is celebrated as Thumb Appreciation Day!
