BEML Limited Signs MoU for Maritime and Port Crane Development

BEML Limited has signed a tripartite MoU with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries. The collaboration focuses on the joint design, development, manufacture, and support of next-generation conventional & autonomous maritime and port cranes in India. The agreement will be complemented by full after-sales, spares, and training support.

Strategic Partnership Announced

BEML Limited has entered into a strategic tripartite Memorandum of Understanding (MoU) to enhance its capabilities in the maritime and port equipment sector.

Details of the Collaboration

The MoU involves HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries. The collaboration aims to jointly design, develop, manufacture, and support next-generation conventional and autonomous maritime and port cranes in India. This initiative promises to enhance BEML’s product offerings and technological capabilities.

Focus on Advanced Technology

The collaboration is focused on next-generation conventional and autonomous maritime and port cranes. This includes full after-sales support, spare parts, and training to ensure seamless operation and maintenance of the equipment.

Benefits for BEML

This partnership will enable BEML to leverage advanced technologies and expertise in maritime and port crane development. It will support BEML in expanding its product portfolio and catering to the growing demand for advanced port infrastructure in India.

Source: BSE

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