Cochin Shipyard has entered into an agreement with the Andaman & Nicobar Administration to commence operations at the Marine Dockyard in Port Blair, a facility that is currently operated directly by the A&N Administration. Under the agreement signed, CSL would assist the administration to set up a ship repair ecosystem in the Andaman & Nicobar Islands, associate in the augmentation and modernisation of the facility, and also focus efforts towards skill development in the islands. CSL will be entitled to a management fee of Rs 15 crore per annum.