As part of Government of India’s thrust on Blue Economy, there is an ever-increasing demand to develop and maintain existing major ports, building new ports, offshore resource exploration, deployment of ultra-mega-size vessels, promotion of tourism, and beach nourishment.
They will be operated by ASKO Maritime AS, Norway’s largest grocery wholesaler, and built at Cochin Shipyard (CSL) in India.
Plate cutting ceremony of the two Autonomous Electric Vessels being built for ASKO Maritime AS, Norway was held on 25 Nov 2020 at Cochin Shipyard Limited, Kochi.
Fincantieri, one of the world’s largest shipbuilding groups, has signed a MoU with Cochin Shipyard Limited (CSL), the leading shipbuilder in India.
With this Cochin Shipyard will be able to build specialized and technologically advanced large vessels He will also lay the foundation stone for three national highways projects in Kerala, costing Rs 1557 Crore.
CSL and USC to collaborate for development of specialized vessels for Inland and Coastal shipping.
Cochin Shipyard under the Ministry of Shipping was listed in Bombay Stock Exchange and National Stock Exchange on 11 August 2017.
CSL is constructing four passenger-cum – cargo vessels for Andaman & Nicobar Administration under the ‘Make in India’ initiative of Government of India.
The Expansion, modernization and upgradation of shipping infrastructure in the country is an on-going process to keep the ports abreast with new technologies and also to promote trade and cargo.