12.75 (0.83%) Cochin Shipyard (CSL) has signed the Master Shipyard Repair Agreement (MSRA) with United States Navy. The MSRA is a non-financial agreement and is effective from April 05, 2024. This will facilitate repair of US Naval vessels under Military Sealift Command in CSL.
The company has been qualified for entering into the Master Shipyard Repair Agreement after a detailed evaluation process and capability assessment by the US Navy - Military Sealift Command.
Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.