Seatrium Offshore Know-how Pte. Ltd. (SOT) has signed a memorandum of understanding (MoU) with Cochin Shipyard Ltd. (CSL) to strengthen cooperation within the offshore sector throughout India and Asia.
SOT, a Seatrium Ltd. firm, mentioned in a media launch that the partnership will mix SOT’s specialised tools and offshore options with CSL’s intensive infrastructure, fabrication services, and ship restore experience to leverage enterprise alternatives.
SOT mentioned that the partnership will give attention to upkeep, restore, and overhaul tasks for shoppers with operations in Asia. The 2 firms may also discover alternatives to develop into different key offshore markets within the area.
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“This MoU is a strategic milestone in Seatrium’s efforts to develop our world footprint throughout Asia, with India recognized as a key marketplace for long-term development. India’s quickly creating offshore vitality sector and rising demand for maritime infrastructure current compelling alternatives for collaboration and innovation”, Winston Cheng, Senior Vice-President and Head of SOT, mentioned.
“By combining CSL’s strong native capabilities with Seatrium’s deep engineering experience and know-how strengths, we intention to ship built-in offshore asset options that meet the area’s evolving wants.
“Our shared objective is to assist India’s vitality transition, improve its maritime capabilities, and place Seatrium as a trusted companion in driving sustainable offshore improvement”.
The MoU establishes a framework for joint advertising and marketing, undertaking execution, and know-how collaboration, fostering a long-term partnership with CSL to advance regional vitality transition and offshore improvement. It builds upon a previous settlement signed in November 2024 between Seatrium, through its subsidiary Seatrium Letourneau USA Inc., and CSL for co-designing and supplying important tools for jack-up rigs serving the Indian market, SOT mentioned.
“The MoU marks a major step ahead in CSL’s efforts to develop our offshore footprint. Our determination to strengthen collaboration with Seatrium demonstrates our confidence of their world experience, enabling us to collectively ship high-quality, cost-effective options to shoppers throughout the area”, Sivakumar A, Basic Supervisor for Ship Restore at CSL, mentioned.
To contact the writer, e-mail andreson.n.paul@gmail.com
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