Cochin Shipyard recently launched the eighth from the series of twenty Fast Patrol Vessel being built for the Indian Coast Guard.
The launch of the vessel comes on the heels of the delivery of the fifth vessel CGS Achook which was handed over to the Coast Guard, on March 28th 2014. This is the seventh ship that the yard has delivered this financial year. CSL delivered four fast patrol vessels to Indian Coast Guard and two high end Platform Supply Vessels to Norwegian owners, earlier.
The last six months have been an extremely busy period for the shipyard with seven deliveries being made, virtually one ship every month. The highpoint of this year’s performance for the shipyard has undoubtedly been the launching of the most prestigious warship of the Indian Navy “Vikrant” on 12 August 2013. The launching of its own aircraft carrier has catapulted India to a select club of 5 nations capable of building aircraft carriers of this size.
The above achievements of CSL is a record and is especially commendable in the light of difficult market scenario wherein ship deliveries have been delayed in most of the yards in India and abroad. The performance of Cochin Shipyard had been consistently successful in the last several years despite a very challenging business environment in the shipbuilding/shiprepair and shipping scenario.
Cochin Shipyard, March 31, 2014