Cochin Shipyard bags European client’s Rs 1,000-crore export order

The Cochin Shipyard has bagged an international export order worth Rs 1000 crore for the construction of Commissioning Service Operation Vessels (CSOV) for offshore wind farms from a European client. The CSOVs, part of an emerging highly specialized niche vessel segment, are designed and built for the commissioning, service, maintenance, and operational needs of the offshore wind industry. The construction of the CSOV  is a breakthrough project for India in the international ship-building arena and is aligned with the "Make in India, Make for the World" vision of the union government. With this order, the Cochin Shipyard has positioned itself into the league of early movers in the high-end and niche global wind farm vessel construction segment.

“With attention turning towards sustainable and green energy solutions, there is a large global focus on the development of offshore wind farms. Offshore wind farm Commissioning Operation Vessels (CSOVs) and Service Operation Vessels (SOVs) are therefore part of an emerging, highly-specialised niche vessel segment,” a CSL release said. CSL has been active in the international shipbuilding arena for more than two decades,having exported more than 50 high-end vessels to countries such as USA, Germany, Netherlands, Norway, Denmark and the Middle East.