Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop.
As per the MOU, Wartsila plans to locate a containerised self-sufficient workshop within the premises of CSL to cater primarily to propeller blade metallurgical repairs and engine component repairs.
Wartsila also plans to support CSL with comprehensive engine services, propulsion services and electrical and automation services based on the requirements, said a press release.
The MoU was signed by Sunny Thomas, director (technical and operations), Cochin Shipyard and James Rajan, director, service unit, South Asia of Wartsila India in the presence of senior officials of the Cochin Shipyard.
With the MoU, CSL is expected to attract more ship-repair business at its present facility. The agreement also gives Wartsila an opportunity to set up an original equipment manufacturer centre at the Cochin Port Trust Area in the future.
CSL had taken over the existing ship-repair facility in the Cochin Port Trust area through a lease agreement and the yard was planning to set up a new international ship repair facility in the area with a ship lift system.