Cochin Shipyard secured work order from Domestic Client for construction of two Green Tugs

Mumbai: Shares of Defence PSU, Cochin Shipyard Ltd are trading higher in the green zone by 1.50% as the company has announced the exchanges that it has bagged a notable order from Polestar Maritime Ltd.

According to the exchange filing, Cochin Shipyard Limited (CSL) has bagged a Notable order from Polestar Maritime Limited, for the construction of two Green Tugs of 60 T Bollard Pull Power under the Green Tug Transition Programme (GTTP) of the Ministry of Ports, Shipping and Waterways, Government of India.

The Tugs are scheduled to be delivered in August, 2027 and September, 2027 respectively.