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Our Bureau

Kochi, Nov 30

Clipper Tenacious, the sixth and the last of the series of bulk carriers built by Cochin Shipyard Ltd for Clipper Group, Denmark, was delivered on Friday. The vessel will be sailing off on Saturday on its first voyage.

The ship is designed and built as a single-screw diesel engine-driven bulk carrier for unrestricted world wide service. The ship, with a length of 178 metres, is capable of carrying dry bulk, break bulk cargoes. It can carry gross tonnage of about 19,918.

Presently, the yard is constructing 18 platform supply vessels for European clients. The total order book of CSL consists of 19 ships including the air defence ship for the Indian Navy.

The yard’s proposal for setting up a small ship division with earmarked facilities for building of small commercial ships has gathered momentum. CSL’s achievement in 2006-07 has been impressive with a net profit of Rs58 crore and turnover of Rs800 crore. The net profit has grown three times and turnover double as compared to 2005-06.

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