Cochin Shipyard Limited — Important, 28-06-2025: Updates

Cochin Shipyard Limited (CSL) has announced a board meeting to discuss the financial results for the quarter and half-year. CSL secured a notable order from Polestar Maritime for two 70T Bollard Pull Tugs, adding to an existing contract for three similar tugs with its subsidiary Udupi-CSL. These vessels, designed by Robert Allan Limited, will be built jointly at CSL and Udupi-CSL yards, enhancing CSL’s active order book of 18 tugs. The deal reinforces CSL’s leadership in India’s harbor tug market and aligns with its commitment to clean tech through upcoming green tug initiatives.