Cochin Shipyard Ltd.

BSE: 540678 | NSE: COCHINSHIP
Mid Cap | Ship Building
1561.45
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Cochin Shipyard bags order from Polestar Maritime

Date: 30-06-2025

Cochin Shipyard (CSL) has bagged a order from Polestar Maritime, for the construction of two Tugs of 70 T Bollard Pull Power. The Tugs are scheduled to be delivered in May 2027 and September 2027 respectively.

This is in addition to the 3 nos. of the 70 T Bollard Pull Tugs contracted earlier with Udupi Cochin Shipyard (Udupi-CSL), a wholly owned subsidiary of CSL. Polestar Maritime is a major player in the niche market of harbour tugs, coastal towing & assistance and marine services at ports. The tugs will be built to the designs of Robert Allan, world’s leading design house for harbour tugs.

The vessels will be jointly constructed by CSL and Udupi-CSL under a work-share agreement in CSL’s yard in Cochin. The vessels will be propelled by 2-Main Engines of 1838 kW and 2.7m Propellers from Niigata IHI Power Systems Co., Japan.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.