Cochin Shipyard partners with Seatrium Letourneau USA to boost India's offshore energy sector.

Cochin Shipyard signed a Memorandum of Understanding with Seatrium Letourneau USA to design and supply equipment for jack-up rigs in India. This partnership, combining technical expertise and shipbuilding experience, supports India's offshore energy sector. Cochin Shipyard's shares rose 5%, and the company reported a 4% increase in net profit to Rs 189 crore in the last quarter.

November 25, 2024
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