Deals14 Oct 2025, 12:53 pm
Cochin Shipyard Ltd Secures Mega Order for LNG-Fuelled Feeder Vessels Worth Up to 2000 Crores
AI Summary
Cochin Shipyard Ltd (CSL) has announced that it has received a significant order from a prominent European client for the design and construction of six feeder container vessels, each with a capacity of approximately 1,700 TEU and powered by liquefied natural gas (LNG). The order, which is not a related party transaction, was confirmed through a Letter of Intent (LOI) signed on October 14, 2025. The formal shipbuilding contract detailing the techno-commercial terms will be signed in due course.
Key Highlights
- Cochin Shipyard Ltd has secured a Mega order for the design and construction of six LNG-fuelled feeder vessels.
- The order is from a prominent European client and is valued between 1000 to 2000 Crores.
- Each vessel has a capacity of approximately 1,700 TEU and is powered by liquefied natural gas (LNG).
- The order was confirmed through a Letter of Intent (LOI) signed on October 14, 2025.
- The formal shipbuilding contract will be signed in due course.