Cochin Shipyard Ltd (CSL) is the largest shipbuilding and maintenance facility in India.[2][3] It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India.[4] Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. It built the first indigenous aircraft carrier for the Indian Navy, the INS Vikrant. The company has Miniratna status.[5]
Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982.
In August 2012, the Government of India announced plans of divestment to raise capital of ₹15 billion for further expansion through an initial public offering (IPO) towards the end of the fiscal year.[6] The government finalised the decision of stake sale on 18 November 2015. 33.9 million shares will be sold, out of which the government is holding 113,000 shares while the others are fresh equity. However, this did not materialise until August 2017, when the company conducted its IPO and listed its shares on the BSE and NSE.[5]
Activitiesedit
The yard has facilities to build vessels up to 1,10,000 deadweight tonnage (DWT) and repair vessels up to 1,25,000 DWT.[7][8]
Shipbuildingedit
INS Vikrant being built at Cochin Shipyard in 2017Prime Minister Narendra Modi commissioned INS Vikrant on September 2, 2022, in Kochi, Kerala.
The first ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981.[9]
The yard has delivered two of India's largest double-hullAframaxtankers each of 95,000 DWT.
CSL has secured shipbuilding orders from internationally renowned companies from Europe and the Middle East. The shipyard is building six 30,000 DWT bulk carriers for Clipper Group of the Bahamas and the first three vessels have been launched.[10]
Cochin Shipyard built India's first indigenous aircraft carrier. INS Vikrant (formerly, the Project 71 "Air Defence Ship") is the first aircraft carrier of the Indian Navy to be designed and built in India. The carrier will be the largest warship built by CSL. In February 2020, all major structural and outfitting work was declared complete.[11] On 4 August, sea trials finally began.[12] Five day long sea trials were successfully completed on 8 August 2021.[13] On 2 September 2022, The ship was commissioned.
Ship repairedit
The shipyard started offering ship repair services in 1982 and has undertaken upgrades and repairs for all types of ships including ships for the oil exploration industry as well as scheduled maintenance and life extension for ships of the Indian Navy, Indian Coast Guard, the Union territory of Lakshadweep, Fisheries and Cochin Port Trust, SCI and the Oil and Natural Gas Corporation (ONGC). It has performed major overhauls for the aircraft carrier, INS Viraat. It has also performed major overhauls for the aircraft carrier INS Vikramaditya two times on 2016 and 2018 respectively. Recently CSL was awarded major maintenance and upgrade orders from ONGC. This included major overhaul of three rigs, Mobile Offshore Drilling Unit (MODU) Sagar Vijay, Mobile Offshore Drilling Unit Sagar Bhushan and Jackup rigSagar Kiran.
Othersedit
The shipyard also trains graduate engineers in marine engineering.[14] Around one hundred students are trained each year.
Referencesedit
^ abcde"Financial Report 2022-23" (PDF). Retrieved 19 May 2023.
^"List of ship building centres in India". Shipping Ministry of India. Archived from the original on 15 September 2005. Retrieved 18 July 2008.
^ abMudgill, Amit (12 August 2017). "Cochin Shipyard rallies over 20% on D-Street debut". The Economic Times. Retrieved 13 June 2018.
^"Cochin Shipyard Limited firms up plans to go for IPO by year-end". The Times of India. from the original on 23 October 2012. Retrieved 23 August 2012.
^"Welcome to Cochin Shipyard : ISO 9001 Certified - the biggest greenfield Shipyard of the Millenium".
^"Welcome to Cochin Shipyard : ISO 9001 Certified - the biggest greenfield Shipyard of the Millenium".
^Priyadershini S. (7 March 2012). "Soft hands handling hard steel". The Hindu. Chennai, India. from the original on 10 March 2012. Retrieved 15 August 2013.
^. The Hindu. Chennai, India. 1 March 2006. Archived from the original on 23 October 2012. Retrieved 15 August 2013.
^Gurung, Shaurya Karanbir (10 February 2020). "Structural and outfitting work of India's first indigenous aircraft carrier complete". The Economic Times. Retrieved 12 February 2020.
^"India's first indigenous aircraft carrier, to be named INS Vikrant, finally begins sea trials". Times of India. Retrieved 4 August 2021.
^"Vikrant successfully completes 5-day maiden sea voyage".
^. Archived from the original on 17 January 2008. Retrieved 17 January 2008.
External linksedit
Wikimedia Commons has media related to Cochin Shipyard.
Official website
January 01, 1970
cochin, shipyard, largest, shipbuilding, maintenance, facility, india, part, line, maritime, related, facilities, port, city, kochi, state, kerala, india, services, provided, shipyard, building, platform, supply, vessels, double, hulled, tankers, built, first,. Cochin Shipyard Ltd CSL is the largest shipbuilding and maintenance facility in India 2 3 It is part of a line of maritime related facilities in the port city of Kochi in the state of Kerala India 4 Of the services provided by the shipyard are building platform supply vessels and double hulled oil tankers It built the first indigenous aircraft carrier for the Indian Navy the INS Vikrant The company has Miniratna status 5 Cochin Shipyard LimitedA view of one of the docks at the Cochin ShipyardCompany typePublicTraded asBSE 540678NSE COCHINSHIPIndustryShipbuildingFounded29 April 1972 51 years ago 1972 04 29 HeadquartersKochi Kerala IndiaArea servedIndiaKey peopleMadhu S Nair Chairman amp MD ProductsAircraft CarrierTankersBulk carriersPlatform supply vesselsPatrol boatsDiving support vesselsServicesShip designShipbuildingShip repairMarine Engineering Training Institute Vigyana SagarRevenue 2 536 94 crore US 320 million FY 2023 1 Operating income 448 50 crore US 56 million FY 2023 1 Net income 334 8 crore US 42 million FY 2023 1 Total assets 9 909 04 crore US 1 2 billion FY 2023 1 Total equity 4 423 41 crore US 550 million FY 2023 1 OwnerGovernment of IndiaNumber of employees1 744 March 2019 SubsidiariesHooghly Cochin Shipyard LimitedUdupi Cochin Shipyrard LimitedWebsitecochinshipyard wbr in Contents 1 History 2 Activities 2 1 Shipbuilding 2 1 1 INS Vikrant 2 2 Ship repair 2 3 Others 3 References 4 External linksHistory editCochin Shipyard was incorporated in 1972 as a Government of India company with the first phase of facilities coming online in 1982 In August 2012 the Government of India announced plans of divestment to raise capital of 15 billion for further expansion through an initial public offering IPO towards the end of the fiscal year 6 The government finalised the decision of stake sale on 18 November 2015 33 9 million shares will be sold out of which the government is holding 113 000 shares while the others are fresh equity However this did not materialise until August 2017 when the company conducted its IPO and listed its shares on the BSE and NSE 5 Activities editThe yard has facilities to build vessels up to 1 10 000 deadweight tonnage DWT and repair vessels up to 1 25 000 DWT 7 8 Shipbuilding edit nbsp INS Vikrant being built at Cochin Shipyard in 2017 nbsp Prime Minister Narendra Modi commissioned INS Vikrant on September 2 2022 in Kochi Kerala The first ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981 9 The yard has delivered two of India s largest double hull Aframax tankers each of 95 000 DWT CSL has secured shipbuilding orders from internationally renowned companies from Europe and the Middle East The shipyard is building six 30 000 DWT bulk carriers for Clipper Group of the Bahamas and the first three vessels have been launched 10 Eight platform supply vessels for the Norwegian Seatankers Management Company are also under construction citation needed INS Vikrant edit Main article INS Vikrant 2013 Cochin Shipyard built India s first indigenous aircraft carrier INS Vikrant formerly the Project 71 Air Defence Ship is the first aircraft carrier of the Indian Navy to be designed and built in India The carrier will be the largest warship built by CSL In February 2020 all major structural and outfitting work was declared complete 11 On 4 August sea trials finally began 12 Five day long sea trials were successfully completed on 8 August 2021 13 On 2 September 2022 The ship was commissioned Ship repair edit The shipyard started offering ship repair services in 1982 and has undertaken upgrades and repairs for all types of ships including ships for the oil exploration industry as well as scheduled maintenance and life extension for ships of the Indian Navy Indian Coast Guard the Union territory of Lakshadweep Fisheries and Cochin Port Trust SCI and the Oil and Natural Gas Corporation ONGC It has performed major overhauls for the aircraft carrier INS Viraat It has also performed major overhauls for the aircraft carrier INS Vikramaditya two times on 2016 and 2018 respectively Recently CSL was awarded major maintenance and upgrade orders from ONGC This included major overhaul of three rigs Mobile Offshore Drilling Unit MODU Sagar Vijay Mobile Offshore Drilling Unit Sagar Bhushan and Jackup rig Sagar Kiran Others edit The shipyard also trains graduate engineers in marine engineering 14 Around one hundred students are trained each year References edit a b c d e Financial Report 2022 23 PDF Retrieved 19 May 2023 Annual Report 2015 16 PDF Ministry of Shipping Govt of India Retrieved 4 September 2022 Transportation Equipment PDF Department of Public Enterprises Ministry of Finance Retrieved 4 September 2022 List of ship building centres in India Shipping Ministry of India Archived from the original on 15 September 2005 Retrieved 18 July 2008 a b Mudgill Amit 12 August 2017 Cochin Shipyard rallies over 20 on D Street debut The Economic Times Retrieved 13 June 2018 Cochin Shipyard Limited firms up plans to go for IPO by year end The Times of India Archived from the original on 23 October 2012 Retrieved 23 August 2012 Welcome to Cochin Shipyard ISO 9001 Certified the biggest greenfield Shipyard of the Millenium Welcome to Cochin Shipyard ISO 9001 Certified the biggest greenfield Shipyard of the Millenium Priyadershini S 7 March 2012 Soft hands handling hard steel The Hindu Chennai India Archived from the original on 10 March 2012 Retrieved 15 August 2013 Business CSL launches three new vessels The Hindu Chennai India 1 March 2006 Archived from the original on 23 October 2012 Retrieved 15 August 2013 Gurung Shaurya Karanbir 10 February 2020 Structural and outfitting work of India s first indigenous aircraft carrier complete The Economic Times Retrieved 12 February 2020 India s first indigenous aircraft carrier to be named INS Vikrant finally begins sea trials Times of India Retrieved 4 August 2021 Vikrant successfully completes 5 day maiden sea voyage Cochin Shipyard Marine Engineering Training Website Archived from the original on 17 January 2008 Retrieved 17 January 2008 External links edit nbsp Wikimedia Commons has media related to Cochin Shipyard Official website Retrieved from https en wikipedia org w index php title Cochin Shipyard amp oldid 1185203326, wikipedia, wiki, book, books, library,
