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Cochin Shipyard Limited launches 1200 pax passenger cum 1000T cargo vessels for A&N administration

Posted On: 2020-01-28 17:29:43

The first of the two 1200 Pax capacity passenger vessel cum 1000T cargo vessel under construction in Cochin Shipyard Limited (CSL) for the Andaman & Nicobar Administration was launched today at CSL's Kochi yard. After the ceremonial pooja, the vessel was launched by Smt Rameetha K, Scientist 'G', NPOL (DRDO) wife of Shri Madhu S Nair, CMD, CSL. Shri Sureshbabu NV, Director (Operations), CSL, Shri Bejoy Bhasker, Director (Technical), Shri Jose VJ, Director (Finance), Owner's Representatives, Senior Officials of CSL and Classification Societies were present on the occasion.

The Vessel is designed as a modern high quality passenger vessel with electric propulsion suitable for carrying 1200 passengers and 1000T cargo for "all-weather" operation on the Main Land to A&N route. The ship is built to the highest standards of the Indian Register of Shipping and Lloyds Register of Shipping overseen by the DG Shipping of India and meets the requirements of "Class III Special Trade Passenger Ship" as per Indian Merchant Shipping rules. The vessel is built in steel as a modern, safe and seaworthy vessel with aesthetic lines and pleasant profile. The speciality of this vessel is that it comes with "Safe Return to Port" (SRtP) compliance which is envisaged to be a 'first' in Asia. The ship would not only enable safe & comfortable passenger movement, but will also be a boost to the tourism sector.

The vessel has modern cafeteria, and recreation rooms. Both Cabin Class (consisting of Deluxe Cabins, First Class Cabins & Second Class Cabins) and Bunk Class accommodation is available onboard. With a speed of 18 knots, the ship combines speed with comfort and would have a complement of 104 staff. The vessel is approx 157 Mtr long. It will now undergo outfitting & building up of the accommodation & living quarters, after which it will undergo testing & trials prior to delivery to the A&N islands in 2021.

This vessel is part of the order for a series of 4 vessels viz; 02 nos 500 pax cum 150T cargo vessels and 02 nos 1200 pax cum 1000T cargo vessels, placed on CSL by the A&N Administration. The second 1200 pax vessel is also under construction at CSL.

In the meantime, CSL is in advanced stages of completion of the 02 nos. 500 pax vessels for inter-island operations at the A&N. The first 500 pax vessel is scheduled to undergo sea trials next month and expected to be delivered 'ready-for-service' for the A&N islands in March 2020. The second 500 pax vessel is currently undergoing outfitting and will be ready for delivery to the islands in June 2020.

Shares of Cochin Shipyard Ltd was last trading in BSE at Rs.389.45 as compared to the previous close of Rs. 391.35. The total number of shares traded during the day was 5873 in over 388 trades.

The stock hit an intraday high of Rs. 394.75 and intraday low of 389. The net turnover during the day was Rs. 2300297.

Source: Equity Bulls

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