Cochin Shipyard launchesoffshore support vessels for SCI, Norwegian firm

Our Bureau Kochi | Updated on July 20, 2011 Published on July 20, 2011

Cochin Shipyard Limited Launches two Offshore vessels

The public sector Cochin Shipyard Ltd (CSL) has deployed two new offshore support vessels constructed for Shipping Corporation of India and a Norwegian company.

BY 80, an anchor handling tug supply vessel, was contracted by Shipping Corporation and BY 84, a platform supply vessel by Brage Supplier of Norway.

The ships were launched by the CSL Director (Technical), Mr V. Radhakrishnan, in the presence of the CSL Chairman and Managing Director, Commodore K. Subramaniam, and the Director (Finance), Mr Ravikumar Roddam.

BY 80, to be named SCI Urja, is the last in a series of four 120-tonne Bollard pull anchor handling tug supply vessels (AHTS), being built for Shipping Corporation of India, Mumbai.

The vessel is of AH03 design, designed by STX Europe, and is classified under the Rules and Regulations of the American Bureau of Shipping as ‘Dual Class' with the Indian Register of Shipping.

Upon delivery, the vessel will fly the Indian flag and will be registered at Mumbai.

BY 84 is the last of a series of four platform supply vessels of type PSV 09 CD, designed by STX Europe, being built for Brage Supplier, Norway. The vessel is a modern large diesel electric PSV designed to cater to needs of the offshore oil and gas industry.

A statement issued by the company said that the yard presently has 34 ships on order. It had achieved a turnover of Rs 1,462 crore during 2010-11, compared to Rs 1,417 crore in the previous year, and a net profit of Rs 227.53crore as compared to Rs 223.04 crore in the previous year.

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Published on July 20, 2011
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