HD Hyundai joins hands with India's largest shipyard

06.07.25 07:47 Uhr

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HD Hyundai announced Sunday that HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company overseeing the group’s shipbuilding operations, has recently signed a memorandum of understanding with Cochin Shipyard, India’s largest state-owned shipbuilder, to pursue long-term cooperation. Located in Kerala in southern India, Cochin Shipyard boasts extensive capabilities in the design, construction and repair of vessels ranging from commercial ships to aircraft carriers. Over the past five years, it has delivered 70 vessels, including 60 small commercial ships and 10 naval vessels. According to HD Hyundai, the agreement with Cochin Shipyard aims to foster strategic cooperation in several areas, including design and procurement support, technical collaboration to boost productivity and ensure global quality standards, and workforce development through enhanced training systems. The two companies have also agreed to jointly seek new shipbuilding orders in both Indian and international markets. Their partnership aligns with India’s maritime development strategies, suchWeiter zum vollständigen Artikel bei Korea Times

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