DRYDOCKS WORLD AND COCHIN SHIPYARD FORM JOINT VENTURE TO STRENGTHEN INDIA’S SHIP REPAIR INDUSTRY
The 50:50 joint venture will operate and expand the International Ship Repair Facility (ISRF) in Cochin, strengthening India’s ship repair ecosystem and serving growing regional and global demand. NEW DELHI/COCHIN, INDIA – 11 September 2026 – Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) today announced the signing of a joint venture agreement to operate and expand the International Ship Repair Facility (ISRF) Cochin. The agreement was signed by Captain Rado Antolovic, PhD, CEO, Drydocks World , and Mr. Jose V J, Chairman & Managing Director of Cochin Shipyard Ltd. , on the sidelines of the BRICS Summit 2026 in New Delhi, in the presence of Shri Sarbananda Sonowal, Hon’ble Union Minister of Ports, Shipping and Waterways (MoPSW), and H.E. Omran Sharaf Alhashimi, UAE Assistant Foreign Minister for Advanced Science and Technology. The agreement builds on the Memorandum of Understanding (MoU) signed by Drydocks World (DDW) and CSL during India Maritime Week 20...