<p data-path-to-node="4" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><b data-path-to-node="4" data-index-in-node="0" style="line-height: 1.15 !important;">KOCHI / SEOUL</b> — In an operational update regarding strategic maritime manufacturing ties between South Korea and India, HD Korea Shipbuilding &amp; Offshore Engineering Co., Ltd. (HD KSOE) and Cochin Shipyard Limited (CSL) have restructured their bilateral engagement to concentrate directly on design validation, technical engineering support, and core equipment supply.</p><p data-path-to-node="5" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;">The arrangement channels HD KSOE’s high-precision marine systems directly into Cochin Shipyard's active export orderbook, anchored by landmark contracts to construct 1,700 TEU dual-fuel LNG container feeder vessels for European liner major CMA CGM.</p><h4 data-path-to-node="7" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>Technical Architecture and Core Equipment Scope</b></h4><p data-path-to-node="8" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;">Under the coordinated framework, HD KSOE and its propulsion manufacturing arms will deliver critical machinery packages required for high-efficiency commercial operation:</p><ul data-path-to-node="9" style="padding-inline-start: 32px; font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><li style="line-height: 1.15 !important;"><p data-path-to-node="9,0,0" style="line-height: 1.15 !important;"><b data-path-to-node="9,0,0" data-index-in-node="0" style="line-height: 1.15 !important;">Dual-Fuel Propulsion Systems:</b> Supply of advanced marine two-stroke dual-fuel main engines and auxiliary generator sets capable of operating seamlessly on liquefied natural gas (LNG) and low-carbon fuels, ensuring compliance with IMO Tier-III nitrogen oxide limits and FuelEU Maritime carbon-intensity baselines.</p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="9,1,0" style="line-height: 1.15 !important;"><b data-path-to-node="9,1,0" data-index-in-node="0" style="line-height: 1.15 !important;">Fuel Gas Supply Systems (FGSS):</b> Cryogenic fuel handling systems, high-pressure LNG pump skids, and boil-off gas (BOG) management equipment engineered to fit compact feeder hull envelopes.</p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="9,2,0" style="line-height: 1.15 !important;"><b data-path-to-node="9,2,0" data-index-in-node="0" style="line-height: 1.15 !important;">Basic Naval Design &amp; Hydrodynamics:</b> Engineering support on hull line optimization, CFD resistance simulations, and propeller-hull wake interaction models to maximize fuel economy on coastal European and Mediterranean feeder loops.</p></li><li style="line-height: 1.15 !important;"><p data-path-to-node="9,3,0" style="line-height: 1.15 !important;"><b data-path-to-node="9,3,0" data-index-in-node="0" style="line-height: 1.15 !important;">Global Procurement Integration:</b> Coordinating global component sourcing to insulate CSL from supply chain lead-time volatility and secure standardized international warranty certifications.</p></li></ul><h4 data-path-to-node="11" style="font-family: &quot;Google Sans&quot;, sans-serif !important; line-height: 1.15 !important;"><b>Framework Realignment and Block Fabrication Review</b></h4><p data-path-to-node="12" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;">The targeted equipment supply structure follows the conclusion of a preliminary review regarding a previously explored joint venture for a greenfield hull block fabrication facility. In formal exchange disclosures, HD KSOE stated that while consideration of an independent equity-based block manufacturing plant has been concluded, technical cooperation remains active and prioritized across current and future vessel construction lines.</p><p data-path-to-node="13" id="p-rc_f6a719f5a8674f58-195" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="13,0" style="line-height: 1.15 !important;">The strategic pivot enables Cochin Shipyard to utilize HD KSOE’s specialized technological support while directing its own internal capital expenditure toward outfitting berths, robotic panel welding lines, and specialized dry docks in Kochi</span><span data-path-to-node="13,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1580951906="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1580951906="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="13,2" style="line-height: 1.15 !important;">.</span></p>