KOCHI: Cochin Shipyard Limited (CSL) and Synergy Marine Group have signed a Memorandum of Understanding (MoU) to jointly pursue business opportunities across shipbuilding, ship repair, vessel conversion, module fabrication and oil & gas projects in India.
The partnership establishes a framework for the two organisations to collaborate on emerging opportunities in India’s maritime and offshore sectors, combining CSL’s shipbuilding and ship-repair capabilities with Synergy Marine Group’s experience in ship management and the global maritime industry.
The MoU was signed by Ajay Chaudhry, Co-CEO, Ship Management, Synergy Marine Group, and Rajesh Gopalakrishnan, Director (Technical), CSL, in the presence of Jesper Kristensen, Group CEO, Synergy Marine Group, and Jose V J, CMD, CSL.
The collaboration is expected to facilitate greater cooperation in identifying and developing projects across India’s growing maritime ecosystem. Areas covered under the understanding include opportunities for new vessel construction, repair and maintenance, conversion projects and fabrication requirements associated with the offshore and oil & gas sectors.
Ship repair and conversion are increasingly important components of the maritime value chain, offering opportunities to strengthen domestic repair capacity while supporting vessel owners and operators with efficient lifecycle services. The proposed cooperation between CSL and Synergy Marine Group provides a platform to explore such opportunities through their respective technical capabilities and industry networks.
The partnership also aligns with India’s broader objective of strengthening its domestic shipbuilding and ship-repair ecosystem, encouraging greater maritime industrial capacity and supporting the development of a competitive maritime services sector.
For CSL, the collaboration adds another avenue to engage with international maritime stakeholders and explore opportunities across multiple segments of the shipbuilding and repair value chain. For Synergy Marine Group, the association provides a framework to explore India’s expanding maritime infrastructure and industrial capabilities.
The MoU is aligned with India’s long-term maritime development ambitions under Maritime Amrit Kaal Vision 2047 (MAKV 2047), which envisages strengthening India’s position as a leading global maritime nation and expanding capabilities across shipbuilding, ship repair and related maritime services.
The partnership reflects the growing opportunities for industry collaboration as India seeks to build a stronger and more integrated maritime ecosystem, with domestic shipyards and global maritime companies working together to unlock new avenues in shipbuilding, repair, conversion and offshore engineering.
