Cochin Shipyard secures ₹450 crore order for electric tugs
pre-market1 source ↓written by the desknot a recommendation
- order from Svitzer
- ₹450 crore
- and deployed
- 2028
- Total cost
- ₹100 crore per tug
- Vessels
- 26m TRAnsverse 2600e
Cochin Shipyard Ltd has received a ₹450 crore order from Svitzer for the construction of four electric tugs. The vessels, designed for complex operations, will be delivered by 2028 and deployed across Europe, America, and Australia. This contract highlights CSL's capabilities in the growing electric maritime sector. ⚓️
Key Points:
• Total cost: ₹100 crore per tug
• Vessels: 26m TRAnsverse 2600e
• Delivery timeline: by 2028
This order may enhance CSL's market position in sustainable shipping solutions.
Not investment advice. For informational purposes only.