Indian Shipbuilding Industry : News & Updates
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GRSE call , noticed they have released the 2025 corporate film.
Shri Hardeep Singh Puri Holds Key Shipbuilding Meetings to Boost India’s Maritime Vision
Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, visited the state-of-the-art HD Hyundai Heavy Industries shipyard in Ulsan today as part of a series of high-level meetings held in Korea on 13–14 November 2025 to strengthen maritime and shipbuilding cooperation
Minister Hardeep Singh Puri visits Hanwha Ocean’s shipbuilding facility in South Korea
Holds series of high-level engagements to strengthen India–Korea maritime cooperation
Shri Puri stated that India’s energy PSUs spend approximately USD 5–8 billion annually on freight, and have an immediate requirement of nearly 59 vessels. This presents a huge opportunity for global leaders such as Hanwha Ocean to partner with India in building these vessels domestically.
HD Hyundai picks Tamil Nadu’s Thoothukudi for multi-billion dollar shipyard project
South Korea’s shipbuilding giant signs MoU with Guidance Tamil Nadu MD Darez Ahmed, in the presence of Chief Minister MK Stalin at the Tamil Nadu Investors Summit in Madurai on Sunday
In a major boost to India’s shipbuilding sector and to Tamil Nadu as an investment destination, South Korea’s HD Hyundai, one of the world’s largest ship manufacturers, plans to build a shipyard in the coastal district of Thoothukudi. While there is no official confirmation on the investment, sources said it could be over $2 billion.
The initiative was initially referred within HD Hyundai as “SMITH Project” — Shipbuilding Make in India Together with Hyundai — for cooperation with India. “But today, standing here in Tamil Nadu, I believe it is time to say: Shipbuilding ‘Make in Tamil Nadu’ with Hyundai,” said Hannae Choi, Vice President and Head of the Corporate Planning Division at HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a key part of the HD Hyundai group. He was speaking at the Tamil Nadu Investment Conclave - 2025 in Madurai on Sunday.
At the Tamil Nadu Investors Summit in Madurai on Sunday, a team of HD KSOE officials led by Choi signed an MoU with Guidance Tamil Nadu MD Darez Ahmed, in the presence of Chief Minister MK Stalin.
With this MoU, HD Hyundai will join two Indian majors — Cochin Shipyard and Mazagaon Dock Shipbuilders — that have committed to establish two greenfield commercial shipyards in Thoothukudi, with a combined investment of ₹30,000 crore and are expected to generate employment for 55,000 people.
Speaking at the summit, Choi said this year HD Hyundai reached a historic milestone by delivering a cumulative total of 5,000 vessels since the company’s founding — a record rarely matched in global shipbuilding.
“We also operate shipyards in Vietnam, the Philippines, and Saudi Arabia. And now, we are here in India — a nation full of energy and talent, with limitless potential, a nation rising with confidence and purpose and a nation that has chosen HD Hyundai as a partner. That is why we are here in India,” he said.
On Saturday, Choi visited Thoothukudi along with his team. “With its strategic location, favourable climate, and skilled people, I could clearly imagine a mega shipyard being built here,” he said. “This vision to build a mega-scale shipyard will be made possible together with the Government of India, the Government of Tamil Nadu, and HD Hyundai,” he added.
“We strongly believe India can achieve its Amrit Kaal Vision 2047, and we believe Tamil Nadu can be the place where that vision becomes reality.
A statement from the office of Tamil Nadu Industry Minister TRB Rajaa said that a shipyard will be built in Thoothukudi, which offers climatic and geographic conditions suitable for a world-class shipyard. With strong industry presence and major investments planned in port infrastructure, there is a clear pathway for expansion.
The shipbuilding employment multiplier is high, often cited around 6.4x in India, meaning one direct job supports nearly six total jobs (direct, indirect, and induced). Shipbuilding is labour-intensive and supports numerous ancillary sectors (60-65 per cent of value addition), making it a key driver for industrial growth and technological innovation in regions, the statement said.
Tamil Nadu will soon release the proposed Tamil Nadu Maritime Manufacturing Policy, the statement said.
South Korea’s shipbuilding giant signs MoU with Guidance Tamil Nadu MD Darez Ahmed, in the presence of Chief Minister MK Stalin at the Tamil Nadu Investors Summit in Madurai on Sunday
In a major boost to India’s shipbuilding sector and to Tamil Nadu as an investment destination, South Korea’s HD Hyundai, one of the world’s largest ship manufacturers, plans to build a shipyard in the coastal district of Thoothukudi. While there is no official confirmation on the investment, sources said it could be over $2 billion.
The initiative was initially referred within HD Hyundai as “SMITH Project” — Shipbuilding Make in India Together with Hyundai — for cooperation with India. “But today, standing here in Tamil Nadu, I believe it is time to say: Shipbuilding ‘Make in Tamil Nadu’ with Hyundai,” said Hannae Choi, Vice President and Head of the Corporate Planning Division at HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a key part of the HD Hyundai group. He was speaking at the Tamil Nadu Investment Conclave - 2025 in Madurai on Sunday.
At the Tamil Nadu Investors Summit in Madurai on Sunday, a team of HD KSOE officials led by Choi signed an MoU with Guidance Tamil Nadu MD Darez Ahmed, in the presence of Chief Minister MK Stalin.
With this MoU, HD Hyundai will join two Indian majors — Cochin Shipyard and Mazagaon Dock Shipbuilders — that have committed to establish two greenfield commercial shipyards in Thoothukudi, with a combined investment of ₹30,000 crore and are expected to generate employment for 55,000 people.
Speaking at the summit, Choi said this year HD Hyundai reached a historic milestone by delivering a cumulative total of 5,000 vessels since the company’s founding — a record rarely matched in global shipbuilding.
“We also operate shipyards in Vietnam, the Philippines, and Saudi Arabia. And now, we are here in India — a nation full of energy and talent, with limitless potential, a nation rising with confidence and purpose and a nation that has chosen HD Hyundai as a partner. That is why we are here in India,” he said.
On Saturday, Choi visited Thoothukudi along with his team. “With its strategic location, favourable climate, and skilled people, I could clearly imagine a mega shipyard being built here,” he said. “This vision to build a mega-scale shipyard will be made possible together with the Government of India, the Government of Tamil Nadu, and HD Hyundai,” he added.
“We strongly believe India can achieve its Amrit Kaal Vision 2047, and we believe Tamil Nadu can be the place where that vision becomes reality.
A statement from the office of Tamil Nadu Industry Minister TRB Rajaa said that a shipyard will be built in Thoothukudi, which offers climatic and geographic conditions suitable for a world-class shipyard. With strong industry presence and major investments planned in port infrastructure, there is a clear pathway for expansion.
The shipbuilding employment multiplier is high, often cited around 6.4x in India, meaning one direct job supports nearly six total jobs (direct, indirect, and induced). Shipbuilding is labour-intensive and supports numerous ancillary sectors (60-65 per cent of value addition), making it a key driver for industrial growth and technological innovation in regions, the statement said.
Tamil Nadu will soon release the proposed Tamil Nadu Maritime Manufacturing Policy, the statement said.
Is it just built indigineous or also developed indigineously. Especially the fuel-cell?
Fuel cell is a Low Temp-PEM (LT-PEM) designed/developed by CERMI-CRSI based on the DRDO/NPOL fuel cell developed for the AIP. Motors are from BHEL. Ship design is from CSL, based on the Kochi water metro boat design.
Rim-drive thrusters for India’s advanced acoustic research vessel
Published on 09/01/2026
By Naval News Staff
Kongsberg picture
Kongsberg Maritime has secured a contract to supply its innovative rim-drive thrusters for a new advanced acoustic research vessel being built for India’s Naval Physical and Oceanographic Laboratory (NPOL). The vessel, under construction at Garden Reach Shipbuilders & Engineers (GRSE), will play a critical role in oceanographic and acoustic research for the Defence Research and Development Organisation (DRDO).
Kongsberg press release
The Kongsberg Maritime rim-drive thrusters were selected for their ability to meet exceptionally strict underwater radiated noise requirements, a key factor for acoustic research operations. By eliminating the traditional gearbox and using an electric rim-drive motor integrated into the propeller hub, these thrusters deliver ultra-quiet performance, high efficiency, and precise manoeuvrability, ideal for sensitive scientific missions.
The thruster package comprises two RD-AZ2600 azimuth thrusters, two RD-TT1600 tunnel thrusters, and the MCON control system.
This contract marks a key milestone for Kongsberg Maritime: it takes the company past 100 units for rim-drive propulsion systems worldwide, a technology that was first launched commercially ten years ago. Since its introduction, Kongsberg Maritime’s rim-drive solution has become the benchmark for silent, reliable propulsion in research, naval, and specialised commercial vessels.
Nils Reidar Valle, Senior Vice President, Naval & Workboats, Kongsberg Maritime, said: “We are proud to support NPOL and GRSE with technology that enables world-class acoustic research. Our rim-drive azimuth thruster is the quietest in its class, delivering exceptionally low underwater noise to meet the most demanding research requirements. Crossing the 100-unit milestone is a clear demonstration of our commitment to innovation.”
A spokesperson for GRSE added: “This is a prestigious project, and we see Kongsberg Maritime as a strong partner for this type of vessel with the strictest requirements.”
The azimuth thruster features a six-bladed propeller housed in a nozzle, which improves low-speed thrust and minimises underwater noise. The propeller is integrated with the motor and has no blade tips, reducing cavitation. A permanent magnet motor built into the nozzle eliminates the need for additional cooling, simplifying installation and maintenance. With no gears apart from the steering gear, the design ensures low maintenance requirements.
The advanced acoustic research vessel will feature state-of-the-art laboratories and equipment for oceanographic studies, sonar testing, and acoustic signature analysis. With Kongsberg Maritime’s rim-drive thrusters, the vessel will combine operational flexibility with minimal environmental impact, supporting India’s strategic research objectives.
Delivery of the propulsion systems will align with the vessel’s construction schedule at GRSE.
Rim-drive thrusters for India’s advanced acoustic research vessel - Naval News
India’s Cochin Shipyard Delivers Advanced Multi-Purpose Vessel to German Shipping Firm
By MI News Network
January 16, 2026
Image Credits: Cochin Shipyard
Cochin Shipyard Limited (CSL) has delivered a multi-purpose vessel to a German shipping company.
The vessel, named MS Heinz, was handed over on 12 January to HS Schiffahrts UG (haftungsbeschränkt) & Co KG, Germany.
It is the first ship in the HS EcoFreighter series being built by CSL for the German owner.
The delivery and acceptance protocol was completed through a virtual ceremony, with Dr S Harikrishnan, Director (Operations) at CSL, and Heinz Josef Schepers, Director of HS Schiffahrts, signing on behalf of their organisations.
Senior officials from both CSL and the German company were present during the event.
CSL confirmed that the vessel was designed by Groot Ship Design of the Netherlands and constructed at its Kochi shipyard.
The 7,000-deadweight tonne (DWT) vessel is capable of carrying a variety of cargoes, including project and heavy cargo, steel coils, containers, timber, paper, dry bulk commodities such as coal and grain, as well as hazardous materials.
Officials stated that the order includes a total of eight vessels, each valued at approximately ₹110 crore.
The steel-cutting ceremony for the series, which marks the start of construction, was held in March 2023.
Cochin Shipyard, India’s largest central public sector enterprise (CPSE) shipyard, said the delivery represents an important milestone in its efforts to strengthen its presence in the global commercial shipbuilding market.
As of 30 June 2025, CSL’s order book stood at ₹21,100 crore, with the Indian Navy accounting for about 66 per cent of total orders, down from roughly 88 per cent earlier.
India’s Cochin Shipyard Delivers Advanced Multi-Purpose Vessel To German Shipping Firm
By MI News Network
January 16, 2026
Image Credits: Cochin Shipyard
Cochin Shipyard Limited (CSL) has delivered a multi-purpose vessel to a German shipping company.
The vessel, named MS Heinz, was handed over on 12 January to HS Schiffahrts UG (haftungsbeschränkt) & Co KG, Germany.
It is the first ship in the HS EcoFreighter series being built by CSL for the German owner.
The delivery and acceptance protocol was completed through a virtual ceremony, with Dr S Harikrishnan, Director (Operations) at CSL, and Heinz Josef Schepers, Director of HS Schiffahrts, signing on behalf of their organisations.
Senior officials from both CSL and the German company were present during the event.
CSL confirmed that the vessel was designed by Groot Ship Design of the Netherlands and constructed at its Kochi shipyard.
The 7,000-deadweight tonne (DWT) vessel is capable of carrying a variety of cargoes, including project and heavy cargo, steel coils, containers, timber, paper, dry bulk commodities such as coal and grain, as well as hazardous materials.
Officials stated that the order includes a total of eight vessels, each valued at approximately ₹110 crore.
The steel-cutting ceremony for the series, which marks the start of construction, was held in March 2023.
Cochin Shipyard, India’s largest central public sector enterprise (CPSE) shipyard, said the delivery represents an important milestone in its efforts to strengthen its presence in the global commercial shipbuilding market.
As of 30 June 2025, CSL’s order book stood at ₹21,100 crore, with the Indian Navy accounting for about 66 per cent of total orders, down from roughly 88 per cent earlier.
India’s Cochin Shipyard Delivers Advanced Multi-Purpose Vessel To German Shipping Firm
Swan Defence & Heavy Industries bag chemical tanker deal worth $227 million
Swan Defence And Heavy Industries secured a significant $227 million contract for six chemical tankers from European shipowner Rederiet Stenersen AS. This landmark deal marks India's largest single commercial shipbuilding order and the first & largest chemical tanker order for an Indian...
India's single largest commercial shipbuilding order worth $227 million for 6 chemical tankers by Swan defence
In a major Make in India push, Shipping Corporation of India has invited EoIs from global shipyards to build eight 88,000-cu-m Very Large Gas Carriers (VLGCs), with 6 mandated to be built in India, marking the largest shipbuilding programme ever planned by an Indian company.
infra.economictimes.indiatimes.com
SCI seeks EoIs for building eight VLGCs, six of them in India, for $950 million
Based on the response, SCI will have the option either to invite bids from applicants who have responded to the EoI or float a global tender enquiry for building the tankers, according to the EoI.
GRSE Drives Atmanirbharta Agenda with K2 Cranes & Components Tie-Up for Crane Manufacturing
Kolkata (January 29, 2026): Taking yet another stride towards diversification and expansion of its product portfolio, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a Memorandum of Understanding with M/s K2 Cranes & Components Pvt Ltd on Wednesday, January 28, 2026, for the design, development, and manufacture of marine, defence and shipyard cranes and associated equipment.
Kolkata (January 29, 2026): Taking yet another stride towards diversification and expansion of its product portfolio, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a Memorandum of Understanding with M/s K2 Cranes & Components Pvt Ltd on Wednesday, January 28, 2026, for the design, development, and manufacture of marine, defence and shipyard cranes and associated equipment.