Kolkata port split from Cochin Shipyard, targets expansion of ship repair

Syama Prasad Mookerjee Port, Kolkata and Cochin Shipyard Ltd on Friday reaffirmed their partnership to strengthen India’s ship repair ecosystem, with Rs 5.94 crore handed over as shared profit under their joint venture, while SMPK has indicated it will push ahead to expand ship repair independently in Kolkata.

SMPK chairman Rathendra Raman received the cheque from CSL chairman and managing director Madhu Nair during a visit to CSL’s ship repair facility at Cochin, a statement said.

The amount represents profit generated by the Cochin-Kolkata Ship Repair Unit (CKSRU), a joint venture between the two entities.

Raman said the profit underscores the commercial and strategic potential of indigenous ship repair facilities and shows how collaboration between port authorities and shipyards can support the ‘Make in India’ initiative.

He said SMPK is keen to further expand ship repair activities at Kolkata and sees this as a key growth area for maritime infrastructure.