Mumbai, Dec. 8 -- As per the company's classification, the significant order lies between Rs 250 to 500 crore.

The order covers the construction of four 26-metre, fully electric 'TRAnsverse' (TRAnsverse 2600E) tugs with a 70-ton bollard pull at CSL, with an option for up to four additional vessels. The tugs will be constructed according to Svitzer's specifications to support its global fleet renewal plan and advancement in operations worldwide. The delivery of the tugs is targeted to commence from late 2027.

The association combines Svitzer's global expertise in advanced and sustainable towage solutions with CSL's proven shipbuilding capabilities, skilled workforce and local innovation

Cochin Shipyard is a leading player in the constru...