|Public Sector Undertaking|
|Headquarters||Thevara, Kochi, India|
|Cmde K Subramaniam (CMD)|
|Products||Tankers; Bulk carriers; Platform supply vessels; Patrol boats; Diving support vessels|
|Revenue||₹17.127783 billion (US$250 million) (2014)|
|₹2.909558 billion (US$43 million) (2014)|
|₹1.942422 billion (US$29 million) (2014)|
|Total assets||₹27.007644 billion (US$400 million) (2014)|
|Total equity||₹13.525309 billion (US$200 million) (2014)|
Number of employees
|1,751 (March, 2014)|
Cochin Shipyard Limited (CSL) is one of the major shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India.
Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982. The yard has facilities to build vessels up to 1.1 million tons and repair vessels up to 1.25 million tons, the largest such facilities in India. In August 2012, the Government of India announced plans of divestment to raise capital of 15,000 million rupees (₹1,500 crore) for further expansion through an Initial Public Offering (IPO]) towards the end of the fiscal year.
Govt of India Finalise the decision of Stake sell on 18 November, 2015. 3.39 Cr Shares of Face value ₹10 Each will sold. Out of which Govt is holding 1,13,000 Share. others are fresh Equity.
|This section requires expansion. (January 2011)|
The first ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981.
CSL has secured shipbuilding orders from internationally renowned companies from Europe and the Middle East. The shipyard is building six 30,000 DWT bulk carriers for Clipper Group of the Bahamas and the first three vessels have been launched.
Cochin Shipyard is currently building India's first indigenous aircraft carrier. The Vikrant-class aircraft carriers (formerly, the Project 71 "Air Defence Ship" (ADS)) are the first aircraft carriers of the Indian Navy to be designed and built in India. The Vikrant-class carriers will be the largest warships built by CSL.
The shipyard started offering ship repair services in 1982 and has undertaken upgrades and repairs for all types of ships including ships for the oil exploration industry as well as scheduled maintenance and life extension for ships of the Indian Navy, Indian Coast Guard, UTL, Fisheries and Cochin Port Trust, SCI & ONGC. It has performed major overhauls for the aircraft carrier, INS Viraat.
Recently CSL was awarded major maintenance and upgrade orders from ONGC. This included major overhaul of three rigs, Mobile Offshore Drilling Unit (MODU) Sagar Vijay, Mobile Offshore Drilling Unit Sagar Bhushan and Jackup Rig Sagar Kiran.
- "Welcome to Cochin Shipyard : ISO 9001 Certified Shipyard of the Millenium". Cochinshipyard.com. Retrieved 2013-08-15.
- "List of ship building centres in India". Shipping Ministry of India. Archived from the original on 2005-09-15. Retrieved 2008-07-18.
- "Cochin Shipyard Limited firms up plans to go for IPO by year-end". The Times Of India. Retrieved 2012-08-23.
- "Cochin Shipyard - Marine Engineering Training Website". Retrieved 2008-01-17.
- Priyadershini S. (2012-03-07). "Soft hands handling hard steel". The Hindu (Chennai, India). Retrieved 2013-08-15.
- "Business : CSL launches three new vessels". The Hindu (Chennai, India). 2006-03-01. Retrieved 2013-08-15.
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