Singapore-based ship management company the Synergy Marine Group and India's Cochin Shipyard (CSL) have entered into a memorandum of understanding (MOU) to jointly pursue shipbuilding, repair, and conversion projects in India.
The MOU provides a framework to combine CSL’s industrial capacity with Synergy’s experience in owners’ representation, engineering, project management and long-term technical management across both shipbuilding and ship repair.
"Our role is to carry the owner’s requirements through engineering and project execution into the years of operation that follow," said Jesper Kristensen, Group CEO of the Synergy Marine Group.
"Combining that experience with CSL’s industrial capabilities gives us a practical basis to develop shipbuilding and conversion opportunities in India, with decisions guided by safety, reliability and total cost of ownership."
The group will also bring experience in converting LNG carriers into floating storage and regasification units (FSRUs), alongside engineering studies for floating storage and LNG bunkering applications. Its conversion offering provides complete project management, with FSRU designs tailored to each project’s requirements.
The scope spans feasibility studies and engineering design, equipment procurement, site supervision and commissioning, supported by preparation for safe operations and subsequent technical management.
The MOU covers joint business development in ship repair, conversion, newbuilding, module fabrication and oil and gas projects. It also provides for mutually agreed technical and strategic advisory support to CSL’s newbuilding activities, including project planning, execution and quality assurance.
Opportunities will be assessed against client requirements and the suitability of CSL’s facilities.
