Kolkata Port separates from Cochin Shipyard, plans bigger push in ship repair

Syama Prasad Mookerjee Port, Kolkata (SMPK), and Cochin Shipyard Ltd on Friday said they will continue to work together to strengthen India’s ship repair sector, even as Kolkata Port has been formally separated from Cochin Shipyard.

As part of their joint venture, Rs 5.94 crore was handed over as shared profit.

SMPK chairman Rathendra Raman received the cheque from Cochin Shipyard chairman and managing director Madhu Nair.


The handover took place during a visit to Cochin Shipyard’s ship repair facility in Cochin, an official statement said.

The amount is the profit earned by the Cochin–Kolkata Ship Repair Unit, a joint venture between the two organisations.

Raman said the profit shows the commercial strength of Indian ship repair facilities.

He added that such partnerships between ports and shipyards support the ‘Make in India’ push.

He also said that Syama Prasad Mookerjee Port is keen to expand ship repair work in Kolkata.

Inputs from PTI