DCIL and Colombo Dockyard Sign MoU for Strategic Alliance in Shipbuilding & Repair
In April 2026, Dredging Corporation of India Limited (DCIL) signed a Memorandum of Understanding (MoU) with Sri Lanka’s Colombo Dockyard PLC (CDPLC) to establish a strategic alliance in the areas of shipbuilding, ship repair, and maritime services.
In April 2026, Dredging Corporation of India Limited (DCIL) signed a Memorandum of Understanding (MoU) with Sri Lanka’s Colombo Dockyard PLC (CDPLC) to establish a strategic alliance in the areas of shipbuilding, ship repair, and maritime services.
- The MoU was signed by Captain S. Divakar, Managing Director(MD) and Chief Executive Officer(CEO) of DCIL, and Thimira S. Godakumbura, MD and CEO of CDPLC.
Key Details of Agreement:
Objective: The collaboration aims to deliver high-quality, cost-effective, and timely solutions in vessel maintenance, repair, retrofitting, and new shipbuilding projects.
Collaboration: This partnership combines DCIL’s extensive dredging fleet and operational expertise with CDPLC’s world-class shipbuilding and repair infrastructure.
Impact: The agreement is expected to bring high-value drydocking and ship repair business from India to Colombo Dockyard, strengthening maritime industry cooperation between India and Sri Lanka.
About DCIL: It was incorporated as a public sector company in March 1976 under the Companies Act, 1956, with its headquarters in Visakhapatnam, Andhra Pradesh(AP).
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