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Cochin Shipyard has its hands full


Cochin Shipyard Ltd (CSL) has signed a contract for construction and supply of eight (8) Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for the Indian Navy. CSL was the successful bidder in the tender floated by the Ministry of Defence for this project.


 The order value for these 8 vessels is pegged at Rs 6,311.32 crore. The first ship is to be delivered within 42 months from contract signing date and the balance ships’ delivery schedule will be two (2) ships per year. The project will have to be completed within 84 months from date of signing the contract. 


The ASWSWC contracts augur well for CSL into the future. It is currently investing a total of Rs 2,769 crore in building a new 310 m long dry dock at Kochi and a shiplift-based ship repair yard at Willingdon Island, Kochi.


 CSL presently has a robust order book in shipbuilding and ship repair. Presently, it is building India’s first Indigenous Aircraft Carrier (IAC) for the Indian Navy, which is in advanced stages of testing and commissioning. CSL is also building a Technology Demonstration Vessel for the DRDO, two 1,200 PAX and two 500 PAX vessels for Andaman & Nicobar Administration. It is also constructing a total of 27 small vessels for clients like Inland Waterways Authority of India (IWAI), Department of Fisheries, government of Kerala and government of Tamil Nadu and Indian Navy.


CSL recently won the contract for construction of four Mini Bulk Carriers for Utkarsh Advisory Services, Mumbai (part of JSW group) and nine Floating Border Outpost Vessels for the BSF from the Ministry of Home Affairs. It is also excelling in the ship repair front and has handled around 88 repair projects last year. 


CSL has also set ambitious plans of expanding geographically and has commenced its ship repair operations at Mumbai Port Trust.  With a view to establish its presence across the Indian Coast, CSL is set to commence its ship repair operations at Kolkata and Port Blair shortly. CSL has also formed a joint venture company in Kolkata to cater the needs of the inland waterways vessels segment and is creating a new shipyard in Kolkata for this segment, said a release. 


Source : Exim News Service - KOCHI, May 5


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