The board of Cochin Shipyard would discuss the proposed disinvestment of government in the company when it meets in June. In a first disinvestment in the sector, the government plans to offload 10 per cent stake in the company. This is part of the Rs 54,000 crore divestment target set by the government for 2013-14. The target is almo
Tag: Cochin Shipyard
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CSL agrees to repair vessels of UTL
According to a Memorandum Of Understanding (MoU) signed by Union Territory of Lakshadweep (UTL) with Cochin Shipyard (CSL) the latter would repair the vessels of the former on a regular basis. LDCL will submit a tentative schedule for repairs of all their ships by November every year to CSL indicating the approximate schedule and repair duration of ships in the ensui
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CSL making 20 vessels for ICG
Cochin Shipyard (CSL) is making a series of 20 fast patrol vessel (FPV) for the Indian Coast Guard (ICG). ICG awarded the contract to CSL in 2010 and the delivery of the last vessel is slated for 2017. CSL recently launched the second FPV - Abheek - for the guard. The vessels have a designed speed of 33 knots. The vessels are useful for fisheries protection and monitoring, cost
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CSL to spend Rs 490 cr to develop ship repair facility
Cochin Shipyard (CSL) would spend around Rs 490 crore to develop an international ship repair facility on a 41 acre land in the western side of Willingdon Island facing the Mattancherry channel. In September 2012, the Cochin Port Trust awarded the project to the Cochin Shipyard. The facility will enable ships visiting Kochi port undertake both floating and docking repairs
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ICG to get fast patrol vessel
In order to boost coastal security for Indian ships, the Indian Coast Guard would receive the first fast patrol vessel (FPV) soon. Cochin Shipyard has launched the vessel, named Aadesh. MP Muralidharan, Director General, Indian Coast Guard (ICG) was present at the launch ceremony. K Subramaniam, Chairman and Managing Director, senio
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SCI takes delivery of vessel
The Shipping Corporation of India received a high end diesel electric Platform Supply Vessel, ‘SCI Yamuna’ from the Cochin Shipyard (CSL).This is said to be the second and the last of the series of high tech Rolls Royce series of Platform Supply Vessel. SCI said that the earlier ships of the series delivered by CSL were performing exceedingly well and good reports have
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Solutions to maritime financing blues
Maritime suffers from not only policy implementation problems, but from finance availability. Sanjeev Gupta recommends that the ports, shipping, shipbuilding and inland waterways should be...
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CSL mulls second shipyard
Cochin Shipyard (CSL) may have all factors going for launching a second ship-building facility in Kerala at Vizhinjam. This was alluded to by K Mohandas, Secretary, Union Ministry of Shipping, during his keynote address at the dedication ceremony of the CSL bollard pull test facility at Vizhinjam.
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