Cochin Shipyard incorporates JV Green Maritime Propulsion with HBL
Published on: June 12, 2026, 4:30 a.m. | Source: scanx.trade
Cochin Shipyard has incorporated Green Maritime Propulsion Private Limited with HBL Engineering Limited to develop electric mobility technology for the maritime sector. The joint venture, incorporated on June 11, 2026, has a total share capital of ₹9 crore, with Cochin Shipyard holding a 40% stake and HBL Engineering holding 60%. The initiative aims to build indigenous capabilities and cater to the growing demand for sustainable maritime technologies.
