Cochin Shipyard Limited has informed the Exchange regarding 'CSL secured a Notable order from a Domestic Client for construction of two 70 T Bollard Pull Tugs'.
COCHINSHIP · price
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Cochin Shipyard (CSL) has secured a repeat order from domestic client Polestar Maritime Limited to build two 70-ton Bollard Pull Tugs, classified as a 'Notable' order worth Rs. 100–250 crore. The tugs will be jointly built by CSL and its wholly owned subsidiary Udupi-CSL under a work-share arrangement at CSL's Kochi yard, with delivery scheduled for May 2027 and September 2027. Designs are from Robert Allan Limited and the vessels comply with the Government's ASTDS standard under the Atma Nirbhar Bharat initiative. CSL's group order book now stands at 18 tugs plus 2 green tugs across various stages of construction, adding to 4 tugs already delivered under the Make in India programme.
This is a positive, incremental order that reinforces CSL's order book visibility into 2027 and signals continued client confidence from Polestar as a repeat customer. For shareholders, it supports revenue visibility, though the order size is moderate relative to CSL's overall scale.