Deep-tech climate startup Neiox Eco Cycle has won a prototyping grant of Rs 75 lakh from Cochin Shipyard Ltd (CSL) under the USHUS Maritime Innovation Scheme, company officials said on Friday. The cheque for the amount was handed over at a function at IIM-Kozhikode, where the official agreement was signed with the startup founded by CEO Akhil Raj Pottekkat, a statement by the firm said. According to Nieox Eco Cycle, the grant will support the development of the world's first sustainable, non-toxic, carbon-negative marine hull coating a breakthrough material with anti-corrosive and anti-biofouling properties The coating is derived from captured air pollutants, which would otherwise contribute to lung damage and cardiovascular diseases. Neiox's innovation converts climate and health liabilities into economic assets, while enhancing ship's fuel efficiency, reducing CO2 emissions and protecting marine ecosystems representing a Kerala model on the global canvas, the statement ...
Indian shipbuilding and repair company Cochin Shipyard delivered 'Mahe', the first of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWCs) that were indigenously designed and built by the company, to the Indian Navy on Thursday.According to Cochin Shipyard PRO, the acceptance form was signed between Dr. S Harikrishnan, Director (Operations), Cochin Shipyard Limited and Commander Amit Chandra Choubey, Commanding Officer (Designate), Mahe in the presence of Rear Admiral R Adhisrinivasan, CSO (Tech), Western Naval Command, Cmde Anup Menon, Warship Production Superintendent, Kochi and other senior officials of Indian Navy and CSL.The Cochin Shipyard says the warship has been designed and constructed in accordance with the Classification Rules of Det Norske Veritas (DNV). The 78 m long warship is the largest Indian Naval warship propelled by a Diesel Engine-Waterjet combination. The ship has been designed for underwater surveillance, Search & Rescue operations and Low ...
Cochin Shipyard Ltd (CSL) on Tuesday said it has bagged a mega order from a prominent European client for the design and construction of six feeder container vessels. These vessels will have a capacity of about 1,700 twenty-foot equivalent units and be powered by liquefied natural gas, according to a regulatory filing. CSL said that a letter of intent (LOI) in this regard was signed on October 14, 2025. A formal shipbuilding contract detailing the techno-commercial terms will be signed in due course, it added. According to the company's project classification, the value of the order is above Rs 2,000 crore.
At 11:35 AM, Cochin Shipyard shares were trading 2.40 per cent higher at ₹1,935.25 per share. In comparison, BSE Sensex was trading 0.46 per cent higher at 83,072.12 levels.
The MoU focuses on cooperation in several key areas, including joint exploration of new building opportunities in India and overseas, sharing of technical expertise, upskilling of the workforce, etc
Govt plans to upgrade Cochin Shipyard, Goa Shipyard, GRSE, and MOIL
In three days, the stock price of Cochin Shipyard surged 30% on media reports, HD Hyundai & Cochin Shipyard is in talks for ₹ 10,000 crore project.
The laws enacted recently and provisions in Budget 2025-26 are expected to boost the shipbuilding industry's growth and provide impetus to ship ownership in India.
Cochin Shipyard share price: The surge in Cochin Shipyard shares came after Adani Ports said it has placed the "largest" order of Tugs worth Rs 450 crore
As many as 30 mid, smallcap stocks more-than-doubled investors wealth in 2024 as MidCap and SmallCap indices outperformed benchmark Nifty 50 with over 30 per cent gain. Here are stock picks for 2025.
The Cochin Shipyard scrip soared after the company announced that it has signed a contract of Rs 1,000 crore with the Defence Ministry for short refit and dry docking of a large Indian naval vessel
The Cochin Shipyard share rose after the company entered into a Memorandum of Understanding with Seatrium Letourneau for the design and critical equipment for jack-up rigs for the Indian market
Cochin Shipyard has declared an interim dividend of Rs 4 per equity share of Rs 5 each fully paid up (80 per cent) for FY25
Navratna Defence PSU Bharat Electronics Limited has secured an order worth Rs 850 crore from Cochin Shipyard Limited for the supply of indigenous Multi-Function Radar in X Band on Wednesday. The fully indigenous radar, designed by DRDO and manufactured by Bharat Electronics Limited (BEL), is capable of detecting, acquiring and tracking airborne targets to provide protection for naval ships, according to a press release. T D Nandakumar, General Manager (ADSN), BEL, received the order from Sreejith, Director (Operations), Cochin Shipyard Limited (CSL), in the presence of K V Suresh Kumar, Director (Marketing), BEL, V J Jose, Director (Finance), CSL, and Prabha Goyal, Executive Director (National Marketing), BEL.
These stocks have corrected between 27 per cent and 38 per cent from their respective all-time high levels touched in July.
The uptick in the share price came after the company announced a strong set of June quarter of financial year 2025 (Q1FY25) results.
UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement
The Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of the Cochin Shipyard Limited (CSL), has bagged a Rs 1,100 crore-worth international order for eight 6300 TDW dry cargo vessels. CSL said it has won an international order from Wilson ASA, Norway, for the design and construction of four 6,300 TDW dry cargo vessels. "An agreement has also been entered into for an additional four vessels of the same type, which will be formally contracted within September 19, 2024," a CSL release said. CSL said the new order was a continuation of the contract awarded in June 2023 for the design and construction of six 3800 TDW dry cargo vessels, which are now at advanced levels of construction at the yard at Udupi in Karnataka. "The vessel is of 100 meters length and has a deadweight of 6300 metric tonnes at a design draft of 6.5 metres. The vessels shall be designed by Conoship International, Netherlands, and shall be constructed as an environment-friendly diesel-electric vessel fo
Udupi Cochin Shipyard Limited (UCSL), a wholly-owned subsidiary of India's leading shipyard, Cochin Shipyard Limited (CSL), has secured a major order from Ocean Sparkle Limited, a prominent Indian tug operator under Adani Harbour Services Limited. The contract for construction of three ASD (Azimuth Stern Drive) Tugs of 70 T bollard pull power was signed by Harikumar A, CEO, UCSL and Hiren Shah, MD and CEO, OSL, according to a CSL statement here on Friday. UCSL had earlier contracted construction of two 62 T bollard pull ASD tugs for OSL. Both these tugs were delivered by UCSL before contractual delivery dates, and have been deployed by OSL at Paradeep Port and New Mangalore Port. These new 70 Tonne bollard pull tugs will have a length of 33 metre, Beam of 12.2 metre and draft of 4.2 metre, the statement said. They will be propelled by two main engines of 1838 kW, thrusters of 2.7 metre dia, diesel generators of 150 kW, forward towing winch, aft winch, deck crane (3T) and external
India's leading shipyard, Cochin Shipyard Limited (CSL), on Monday said it has secured another prestigious international order from North Star Shipping, a top UK-based offshore renewable operator, for the construction of a hybrid Service Operation Vessels (SOVs). They will be building hybrid SOVs for a contract with Siemens Gamesa. These vessels will be deployed at the Scottish Power Renewables East Anglia THREE offshore wind farm, situated off the Suffolk coast, an official release said here. A CSL source said the order is valued at EUR 60 million. It said the ship building contract also has an option to contract two more such vessels. North Star, earlier in the year, contracted another hybrid SOV with Cochin Shipyard. With attention turning towards sustainable and green energy solutions, there is a large global focus on the development of offshore renewable energy segments. CSL said the hybrid SOVs are the workhorse of the growing, highly specialised renewables segment, in whi