Synergy Marine Group and Cochin Shipyard have signed an MoU covering potential newbuilding, ship repair, conversion, module fabrication and oil and gas projects in India.
HD Hyundai is advancing plans for a 2.5 million GT shipyard in Thoothukudi, India, as it seeks an overseas production base for tankers and bulk carriers.
HD Hyundai Heavy Industries hosted a Tamil Nadu government delegation at its Ulsan shipyard as the company advances plans for a new shipyard project in India.
India is strengthening its shipbuilding base through a landmark CMA CGM order, AI logistics investment, defense yard progress, and new policy support in Tamil Nadu.
India’s shipbuilding sector is expanding with naval demand, export orders and policy support. For Korean shipbuilders facing high labour costs and limited production bases, India is emerging as a possible partner for cost relief and future capacity expansion.
CMA CGM signed a contract with Cochin Shipyard for six 1,700 TEU LNG-powered feeder containerships, with first delivery due February 2029 and Indian registration expected.
HD Hyundai Chairman Chung Kisun met Indian Prime Minister Narendra Modi in New Delhi to discuss expanding cooperation in shipbuilding, naval construction, and port crane projects during IndiaEnergyWeek2026.
India’s SDHI has secured a $227 million contract from Norway’s Rederiet Stenersen for six 18,000 dwt product/chemical tankers, marking India’s first chemical tanker newbuild order.
SDHI to build six 18,000 DWT hybrid chemical tankers for Rederiet Stenersen under a $220m deal including an option for six more vessels.
