Cochin Shipyard Share Price in Focus; Delivers First Multi-Purpose Vessel to HS Schiffahrts

Cochin Shipyard Limited has completed delivery of the first vessel in a series of multi-purpose ships commissioned by Germany’s HS Schiffahrts. 

The project reflects CSL’s growing participation in global commercial shipbuilding alongside its defence-focused operations. 

The delivery marks an important step in executing an order that includes multiple vessels currently under construction.

First Vessel Delivered Under HS Eco Freighter Programme

Cochin Shipyard Limited has handed over the first ship in the HS EcoFreighter series of multi-purpose vessels to German shipping company HS Schiffahrts.

The vessel was designed by Groot Ship Design from the Netherlands and built at CSL’s facilities in India. 

The contract covers eight vessels, each valued at approximately ₹110 crore, forming a significant commercial order for the shipyard.

Construction Timeline and Vessel Capabilities

Construction of the vessel series began with a steel-cutting ceremony in March 2023. Each ship has a carrying capacity of 7,000 deadweight tonnes and is designed for versatile cargo operations. 

The vessels can transport project and heavy cargo, steel coils, containers, timber, paper products, dry bulk goods such as coal and grain, as well as regulated hazardous materials. This flexibility allows for deployment across a range of global shipping routes.

CSL’s Order Book Position

Cochin Shipyard remains the largest central public sector shipbuilding enterprise in India. As of 30 June 2025, the company’s order book stood at approximately ₹21,100 crore. 

The Indian Navy continues to account for a major share of this backlog, contributing around 66%, although this proportion has declined from about 88% in earlier periods, indicating a gradual diversification into commercial shipbuilding.

Share Price Performance

Cochin Shipyard’s shares traded at ₹1,525.10, reflecting a modest decline of 0.61% from the previous close. The stock opened at ₹1,535.00, reached an intraday high of ₹1,539.60 and touched a low of ₹1,520.90 during the session.

Read More: Cochin Shipyard Share Price in Focus: Secures Significant Order from Svitzer.

Conclusion

The delivery of the first multi-purpose vessel to HS Schiffahrts highlights Cochin Shipyard’s continued execution of international commercial contracts. With multiple vessels still under construction and a sizeable order book across defence and commercial segments, CSL remains positioned to sustain activity in both domestic and global shipbuilding markets.

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