Cochin Shipyard Limited (CSL) has secured a Significant order from a European client for constructing advance electric ‘TRAnsverse’ tugs. The shipbuilding contracts with Svitzer, Denmark involve building four 26-metre fully electric tugs, with an option for additional vessels. Delivery is targeted to commence from late 2027, reinforcing CSL’s position in global maritime manufacturing.
Significant European Contract
Cochin Shipyard Limited (CSL) announced it has secured a Significant order from a European client. The order is for the construction of advance electric ‘TRAnsverse’ tugs.
Shipbuilding Details
CSL has signed shipbuilding contracts with Svitzer, Denmark, for building four 26-metre fully electric ‘TRAnsverse’ (“TRAnsverse 2600E”) 70 Ton bollard pull tugs in CSL. There is also an option for up to four additional vessels.
Project Timeline
The tugs will be constructed according to Svitzer’s specifications to support its global fleet renewal plan and advancement in operations worldwide. The delivery of the tugs is targeted to commence from late 2027.
Order Classification
On the basis of the contract value, this order is classified as a Significant order according to the Order Classification parameters of CSL. This corresponds to an order value in the range of ₹250 to 500 Crore.
Strategic Impact
The association combines Svitzer’s global expertise in advanced and sustainable towage solutions with CSL’s proven shipbuilding capabilities, skilled workforce and local innovation. It supports India’s ambition to become a global maritime manufacturing and skills hub under Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047 and the “Make in India” initiative.
Source: BSE