Cochin Shipyard Limited (CSL), a leading public-sector shipbuilder, is set to launch three state-of-the-art vessels, including an anti-submarine warfare craft for the Indian Navy.
This triple launch underscores India’s growing capabilities in naval defense, green shipping, and commercial maritime operations under the Aatmanirbhar Bharat vision, as per news reports.
Cochin Shipyard’s highlight launch is the Anti-Submarine Warfare Shallow Water Craft (ASW SWC), the sixth vessel in an eight-ship contract signed in 2019. The 78-meter-long, 896-tonne vessel can reach speeds up to 25 knots and is equipped with advanced underwater sensors, lightweight torpedoes, ASW rockets, and mine-laying capabilities.
The Hybrid Electric Methanol-Ready Commissioning Service Operation Vessel (CSOV) marks CSL’s entry into the offshore renewable energy segment. Measuring 93 meters in length and 19.6 meters in width, the vessel is equipped with hybrid-electric propulsion.
The DCI Dredge Godavari, built for the Dredging Corporation of India in collaboration with Royal IHC, Netherlands, is India’s largest and most advanced dredger. Measuring 127 meters in length with a dredging depth of 36 meters and a capacity of 12,000 cubic meters, the vessel will significantly enhance port deepening and reclamation capabilities in India.
Cochin Shipyard’s share price was trading at ₹1,776.90, down ₹14.10 at 9:30 AM on the NSE from the previous close of ₹1,791. The stock opened at ₹1,785, reached a high of ₹1,791, and a low of ₹1,773, with a VWAP of ₹1,783.19.
Cochin Shipyard has maintained consistent shareholder engagement through dividend distributions, which is relevant for investors holding a Demat account.
In 2025, the company declared an interim dividend of ₹3.50 per share on 12 February and a final dividend of ₹2.25 per share on 12 September.
The triple vessel launch demonstrates Cochin Shipyard’s growing expertise in naval defence, green maritime solutions, and port infrastructure. While the stock shows moderate fluctuations, the company’s ongoing focus on strategic projects and consistent dividends positions it as a stable entity in the maritime sector.
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Published on: Oct 17, 2025, 9:37 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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