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Cochin Shipyard seals electric tug deal with Svitzer, eyes up to 4 more vessels

Cochin Shipyard Limited has secured a ₹250-500 crore order from Svitzer, Denmark, to build four fully electric TRAnsverse 2600E tugs, with delivery starting in late 2027.

Introduction

Leading shipbuilder secures ₹250-500 crore order from European client to construct four fully electric TRAnsverse 2600E tugs, supporting global fleet renewal, with deliveries scheduled from late 2027.

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Share price movement of Cochin Shipyard

On December 8, 2025, Cochin Shipyard Ltd opened at ₹1,659.95, up 0.95% from its previous close of ₹1,644.00. The stock reached a high of ₹1,659.95 (0.95%) and a low of ₹1,625.00 (-1.16%). By 11:34 AM, it traded at ₹1,643.05, a 0.06% decrease, with a market cap of ₹43,225.49 crore.

Cochin Shipyard Secures ₹250-500 Crore Svitzer Order

Cochin Shipyard Limited (CSL) has secured a significant order, valued between ₹250 crore and ₹500 crore, from European client Svitzer, Denmark, to construct four fully electric 26-metre ‘TRAnsverse 2600E’ tugs.

The tugs will have 70 Ton bollard pull and will be built as per Svitzer specifications. Delivery is scheduled to commence from late 2027, supporting Svitzer’s global fleet renewal plan.

The order combines Svitzer’s towage expertise with CSL’s shipbuilding capabilities. It aligns with India’s Maritime India Vision 2030, Maritime Amrit Kaal Vision 2047, and the “Make in India” initiative.

Stock performance of Cochin Shipyard for Period of 1 week, 6 months, and 1 year

Cochin Shipyard Ltd delivered a -1.37% return over the past week. It declined by 25.1% in the past six months and fell 2.83% over the past year.

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Shareholding pattern of Cochin Shipyard

ParticularsSep 2025Jun 2025Mar 2025
Promoter67.90%67.90%67.90%
FII3.20%3.90%2.90%
DII6.50%6.30%6.80%
Public22.40%21.90%22.40%

About Cochin Shipyard

Cochin Shipyard Ltd (NSE: COCHINSHIP) is a leading shipbuilder and repairer since 1972, constructing, upgrading, and exporting vessels, including bulk carriers, platform supply vessels, and advanced anchor handling tug supply vessels globally.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Cochin Shipyard share price in news today?

A: Cochin Shipyard share price is in news after securing a significant ₹250-500 crore order from Svitzer, Denmark, for fully electric TRAnsverse 2600E tugs.

Q: What does Cochin Shipyard Ltd specialize in?

A: Cochin Shipyard Ltd specializes in building, repairing, and upgrading all types of vessels, including bulk carriers and advanced tug supply vessels.

Q: What is the 52-week high and low of Cochin Shipyard stock?

A: The 52-week high of Cochin Shipyard stock is ₹2,547.25, and the 52-week low is ₹1,180.45.

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