Dredging Corporation of India (DCIL) and Colombo Dockyard have entered into a memorandum of understanding to cooperate on ship repair and shipbuilding. The agreement establishes a framework for vessel maintenance, retrofitting and the joint development of new maritime projects.
The partnership involves providing dry-docking services for the Indian dredging fleet and exploring the construction of specialised dredgers and offshore support vessels.
Captain S Divakar, Managing Director and Chief Executive Officer of Dredging Corporation of India, stated, “By collaborating with Colombo Dockyard, we aim to enhance the lifecycle efficiency of our fleet while exploring new opportunities in shipbuilding and offshore support vessels.”
The initiative aims to leverage the technical expertise and infrastructure available at the Sri Lankan facility.
Colombo Dockyard Managing Director and Chief Executive Officer Thimira S Godakumbura noted that the agreement, “opens new avenues for technological exchange and sustainable growth.”
DCIL is currently managed by a consortium of four major Indian ports including Visakhapatnam and Paradip.
