MoU to Modernise Sassoon Dock

On 7th March 2026, the Maharashtra government signed a Memorandum of Understanding (MoU) with three Finnish companies to modernise Sassoon Dock in Mumbai.

The agreement was signed by the Maharashtra Fisheries Development Corporation with Finland-based companies Helvar, Mirasis and River Recycle.
Sassoon Dock currently has around 1,560 registered mechanised fishing boats and produces about 50,000-60,000 metric tonnes of fish annually.
The dock is a key economic hub for Mumbai’s fishing community and an important fisheries centre in the state.
Recent infrastructure works include construction of net-mending sheds, workshops, underground water tanks, pipelines, pump houses and protective walls.
Renovation of public facilities is underway along with development of ice plants, strengthening of jetty walls, fish workers’ restrooms and a modern auction hall.
The partnership with Finnish companies will focus on improved waste management and recycling of plastic waste and discarded fishing nets.
It will also strengthen the net repair system through training and capacity building for fishing communities.
The initiative aims to make the dock more efficient, sustainable and environmentally responsible.