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KOCHI: Aiming to develop Kochi as a major hub of shipbuilding in the Indian Ocean region, the Cochin Shipyard Limited (CSL) inked a comprehensive Memorandum of Understanding (MoU) with HD Korea Shipbuilding and Offshore Engineering Ltd (KSOE), a subsidiary of HD Hyundai, one of the largest shipbuilders in the world, on Friday. The MoU sets the stage for long term cooperation between the two companies in various domains of shipbuilding and maritime development, which includes joint exploration o ...Read More >
KOCHI: The Cochin Shipyard Ltd (CSL) has received an order from Polestar Maritime Ltd to build two 70-tonne bollard pull tugs. This is in addition to the three bollard pull tugs of similar capacity under construction at the Udupi Cochin Shipyard Ltd. Polestar Maritime is a major player in the niche market of harbour tugs, coastal towing and marine services at ports. The tugs will be built in accordance with the designs of Robert Allan Ltd, a leading design house for harbour tugs. CSL and Udupi ...Read More >
NEW DELHI: Jyoti CNC Automation(Rs. 68.09 crore), Waaree Energies(Rs. 61.60 crore), GMR Power and Urban(Rs. 58.58 crore), RattanIndia Power (Rs. 54.67 crore), Jio Financial Services(Rs. 50.07 crore), Himadri Speciality(Rs. 40.00 crore), Cochin Shipyard(Rs. 38.90 crore), Alembic Pharma(Rs. 32.29 crore), Suzlon Energy(Rs. 28.56 crore) and Godfrey Philips(Rs. 27.04 crore) were among the most traded securities on the National Stock Exchange at 11:12AM in Monday's session. The NSE Nifty index traded ...Read More >
NEW DELHI: The Indian Navy will commission the first of the 16 Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), INS Arnala, at the Naval Dockyard, Visakhapatnam, on June 18. Eight more ASW-SWC warships are being constructed by Cochin Shipyard Limited, Kochi. The indigenous defence manufacturing augments the anti-submarine warfare capabilities of the navy. The contract for the 16 craft was signed in April 2019. The Indian Navy on Friday said, "The event marks the formal induction of the fi ...Read More >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,50 ...Read More >
Stocktwits - Indian equity markets closed higher on Thursday, ahead of the Reserve Bank of India's monetary policy announcement due on Friday. The central bank is widely expected to cut the repo rate by 25 basis points. The Sensex ended 443 points higher to close at 81,442, while the Nifty 50 rose 130 points to finish at 24,750. The broader markets outperformed, with the Nifty Midcap index gaining 0.6% and the Smallcap index ending nearly 1% higher. Retail investor sentiment surrounding the ...Read More >
Mumbai, Dec 18 (PTI) Cochin Shipyard Limited's wholly-owned subsidiary Udupi-Cochin Shipyard on Wednesday announced the launch of the Series of Six 3800 TDW general cargo vessels being built for Norway's Wilson ASA. The vessel was launched by Martine Aamdal Bottheim, Minister Counsellor and Deputy Head of Mission at the Royal Norwegian Embassy, along with Wilson ASA Chief Financial Officer Einar Tornes and Cochin Shipyard's Chairman and MD Madhu S Nair, Cochin Shipyard Ltd said. Constructed as ...Read More >
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