Surge in Shipbuilding at Udupi Cochin Shipyard with Major Orders for Eco-Friendly Vessels

Ship building activity in coastal Karnataka has seen a surge with Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), launching the first of six 3800 TDW dry cargo vessels for Wilson ASA of Norway at its facility in Malpe. This vessel is scheduled for delivery in February 2025, followed by five more similar vessels and eight 6300 TDW dry cargo vessels for the same client. Additionally, UCSL has orders for constructing Bollard Pull ASD tugs of various capacities.

UCSL, formerly Tebma Shipyard Limited, was acquired by CSL in September 2020 and has since made significant progress in shipbuilding operations. The company’s collaboration with Wilson ASA in Europe has led to a landmark order, boosting its order book to over ₹500 crore and marking its entry into the global market. The vessels being constructed are environmentally-friendly diesel-electric vessels designed by Conoship International, Netherlands, with advanced features for future-proofing.

UCSL has successfully delivered commercial projects ahead of schedule, showcasing its credibility and capabilities in the shipbuilding industry. The company has also received repeat orders for tugs from Ocean Sparkle Limited and Polestar Maritime Limited, further solidifying its position in the market. With plans to expand its facilities in Udupi and increase production capacity, UCSL aims to create more job opportunities and contribute to the local community through corporate social responsibility activities.

Cochin Shipyard Limited, the parent company of UCSL, envisions both entities working towards achieving India’s ‘Vision 2047’ of becoming one of the top 10 shipbuilding countries globally. By focusing on tugs and short-sea vessels, CSL and UCSL are striving to enhance India’s presence in the shipbuilding industry and continue their growth trajectory.

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