Udupi Cochin Shipyard Ltd bags order from Ocean Sparkle Ltd

Udupi Cochin Shipyard Limited (Udupi-CSL), a wholly owned subsidiary of CSL, has bagged a notable (Rs. 100 to 250 crores) order from Ocean Sparkle Limited, an Adani Group Company, for the construction of four nos. of ASD (Azimuthing Stern Drive) Tugs of 70 T Bollard Pull Power. These tugs will be constructed in accordance with the Approved Standard Tug Design and Specifications (ASTDS) promulgated by the Ministry of Ports, Shipping & Waterways (MoPSW), Government of India. The Tug deliveries will commence from November 2028 and will be completed by June 2029.

Source : Equity Bulls

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