India’s Cochin Shipyard Limited (CSL) is to expand. The shipbuilder has announced plans to build a new large drydock as well as a new ship repair facility. CSL has made plain its keenness to build dredgers and LNG carriers with New Delhi keen to get Indian shipyards building a wider variety of ships. CSL has received an in-principal approval from the Ministry of Shipping to go ahead with the building of the new drydock while neighbouring Cochin Port Trust has agreed to sell a parcel of land for the new ship repair site. Both facilities should be completed within three years.
South Korea’s Samsung Heavy Industries has recently promised to help Cochin Shipyard up its shipbuilding expertise especially in the fields of LNG ship construction.