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Cochin Shipyard Arm Bags Order from Adani Group to Construct 3 ASD Tugs

Jun 3, 2024

By: BlinkX Research Team

Cochin Shipyard said on Friday, May 31, that its wholly-owned subsidiary Udupi Cochin Shipyard (UCSL) had bagged a 'notable' order from an Adani Harbor Services company — Ocean Sparkle (OSL). The order will aim to construct three Azimuthing Stern Drive (ASD) Tugs of 70 tonnes of Bollard Pull Power. 

Key Takeaways from Cochin Shipyard Order: 

• Cochin Shipyard wholly-owned subsidiary Udupi Cochin Shipyard (UCSL) has bagged a 'notable' order from an Adani Harbor Services company — Ocean Sparkle (OSL) 
• The order aims to construct three Azimuthing Stern Drive (ASD) Tugs of 70 tonnes of Bollard Pull Power. 
• The orders between the range of Rs 100 crore to Rs 250 crore are classified as 'notable' by Cochin Shipyard.

The orders between the range of Rs 100 crore to Rs 250 crore are classified as 'notable' by Cochin Shipyard.

The new 70-tonne bollard pull tugs will be 33-metre long, and a beam of 12.2 metres and a draft of 4.2 metres propelled by two main engines of 1,838 kilowatts, thrusters of 2.7-metre dia, diesel generators of 150 kW, forward towing winch, aft winch, deck crane and external fire fighting system, the company stated. It added that a design house designed the harbour tugs for Robert Allan Limited. They will be built under the Indian flag and classed with the Indian Register of Shipping (IRS).

The tugs will confirm the approved standard tug design and specifications, promulgated by the Indian government, in line with the Aatmanirbhar Bharat and Make In India initiatives, the company said.

UCSL is the first shipyard to contract and construct tugs confirming the approved design and specifications.

The company said that UCSL had earlier bagged a contract to construct two 62 T bollard pull ASD tugs for OSL, which were delivered before the contractual delivery dates. OSL has deployed the same at Paradeep Port and New Mangalore Port.

Apart from that, UCSL further signed another contract with Polestar Maritime Limited to construct 2 ASD tugs of 70 T Bollard Pull. The first vessel 'Konna Star' was handed over before its delivery date and is operating at the Deendayal Port in Kandla. The second vessel is under construction at the UCSL yard in Malpe, Karnataka.

About Cochin Shipyard Limited:

Cochin Shipyard Limited, India’s first greenfield and presently the most modern shipbuilding yard, has an enviable reputation for building high-quality ships. The Greenfield with its proven expertise is perfectly positioned to offer a flexible range of products such as tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defence ships. It is the only yard in India capable of undertaking dry dock repairs of Aircraft carriers owned by the Indian Navy.

Read More About Cochin Shipyard Limited Share Price Here!