DRYDOCKS WORLD, COCHIN SHIPYARD LIMITED AND CEMS SIGN MOU TO DEVELOP SKILLED MARITIME WORKFORCE IN INDIA

Mumbai, India, 29 October 2025: Drydocks World, a DP World company has signed a tripartite Memorandum of Understanding (MoU) with Cochin Shipyard Limited (CSL) and the Centre of Excellence in Maritime and Shipbuilding (CEMS), an entity promoted by Indian Register of Shipping to jointly develop an industry-ready maritime workforce of international standards.

The tripartite MoU aims to enhance the capabilities of the Indian maritime workforce and support India’s efforts in becoming a global hub for skilled shipbuilding and repair focused talent.

The MoU was exchanged in the august presence of the Union Minister of Ports, Shipping and Waterways (MoPSW), Shri Sarbananda Sonowal, and H.E. Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World, among Captain Rado Anotolovic, PhD, CEO, Drydocks World; Madhu S Nair, Chairman and Managing Director, Cochin Shipyard Limited; and Arun Sharma, Chairman, Centre of Excellence in Maritime & Shipbuilding, during India Maritime Week 2025 in Mumbai.

The objective of the tripartite MoU is to enhance the capabilities of the Indian maritime workforce by positioning India as a hub for skilled shipbuilding and ship repair professionals. It aims to bridge skill gaps through training aligned with international standards, improve job prospects for certified trainees both in India and abroad, and foster collaboration between industry and training institutions. The MoU will facilitate annual training of candidates across key domains with a balanced mix of theoretical and practical learning.

Training will be conducted using advanced infrastructure at CSL, CEMS facilities, and Drydocks World sites, supported by industry experts from India and the UAE. Through its focus on innovation, sustainability, and skill development, DP World, in partnership with the Government of India, is supporting the goals of Maritime Amrit Kaal Vision 2047.

Capt. Rado Antolovic, PhD, CEO, Drydocks World, said, “Developing the next generation of maritime professionals is critical to sustaining the future of global shipbuilding. This collaboration represents a powerful step towards strengthening the maritime talent pipeline from India, reflecting our commitment to nurturing talent and transferring the technical expertise that underpins global maritime excellence. Together with Cochin Shipyard and CEMS, we are developing a capable, globally competitive workforce, which will strengthen India’s shipbuilding ecosystem and support the industry’s long-term growth.”

Mr.  Madhu S Nair, Chairman and Managing Director, Cochin Shipyard Limited said, “Cochin Shipyard is proud to be part of this collaborative initiative with Drydocks World and CEMS that will shape the future of India’s maritime workforce. By integrating advanced training infrastructure with global industry standards, we aim to create a talent pool that can support the growing demands of shipbuilding and repair, both domestically and internationally.”

Mr. Arun Sharma Chairman, Centre of Excellence in Maritime & Shipbuilding said, “At CEMS, we are committed to bridging the skills gap in India’s maritime sector through cutting-edge training and industry-aligned curriculum. This collaboration with Cochin Shipyard and Drydocks World, enables us to deliver immersive, hands-on skilling programs that empower youth with globally benchmarked capabilities.