(Source: Cochin Shipyard website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Cochin Shipyard Ltd. has locked in a major global deal, signing shipbuilding contracts with Denmark-based Svitzer for the construction of four fully electric ‘TRAnsverse 2600E’ tugs, with an option for four more, as per an exchange filing on Saturday.

The contract, finalised on Dec. 5, follows the Letter of Intent announced in October. The 26-metre electric tugs, each with a 70-ton bollard pull, will be built at CSL to Svitzer’s global fleet renewal specifications. Deliveries are slated to begin from late 2027. Based on its value, the project falls under CSL’s ‘Significant’ order category, in the range of Rs 250-500 crore.

CSL said the partnership blends Svitzer’s expertise in advanced, sus

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