Cochin Shipyard Limited (CSL) has secured a mega order from a leading European client for the design and construction of 6 feeder container vessels, each with a capacity of about 1,700 TEU and powered by liquefied natural gas (LNG). The Letter of Intent (LOI) for this order was signed on October 14, 2025, with a formal shipbuilding contract to follow outlining the detailed techno-commercial terms.
The order represents a significant milestone for CSL, highlighting its capabilities in constructing advanced six LNG-powered 1,700 TEU feeder container vessels. Each vessel is designed to meet international shipping standards, offering efficient fuel usage and lower emissions, in line with global environmental regulations.
This mega order falls above the ₹2,000 crore range, marking it as one of the largest contracts secured by the company. It underscores CSL’s strong international presence and its ability to attract high-value contracts in the competitive shipbuilding sector.
None of the promoters, promoter group, or group companies have any interest in the client awarding the order. The transaction is independent and does not fall under related party transaction regulations, ensuring transparency and regulatory compliance.
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On October 14, 2025, Cochin Shipyard share price opened at ₹1,766.00 on NSE, above the previous close of ₹1,760.10. During the day, it surged to ₹1,807.00 and dipped to ₹1,763.40. The stock is trading at ₹1,772.40 as of 1:12 PM. The stock registered a moderate gain of 0.70%.
Over the past week, it has declined by 1.36%, over the past month, it has declined by 2.70%, and over the past 3 months, it has declined by 7.98%.
Cochin Shipyard’s mega order for six 1,700 TEU LNG-fuelled feeder vessels reflects the company’s growing international footprint and expertise in sustainable shipbuilding. The contract highlights its technical competence and ability to deliver high-value, environmentally compliant maritime solutions.
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Published on: Oct 14, 2025, 3:43 PM IST
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