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Cochin Shipyard bags ‘mega’ European order for six feeder newbuilds | Shipyard news

Cochin Shipyard Limited (CSL) on Tuesday bagged a mega order from a prominent European client for the design and construction of six feeder container vessels. The order value has been classified at over Rs 2,000 crore ($225.2m).

Each vessel will have a capacity of about 1,700 TEU and be powered by liquefied natural gas (LNG), according to a regulatory filing.

“We would like to inform that CSL has bagged a mega order from a prominent European client,” the company noted, adding that ‘Mega order’ here refers to above Rs 2000 crore order win.

In its stock exchange filing on Tuesday, the company said that a letter of intent (LOI) in this regard was signed on October 14, 2025.

A formal shipbuilding contract detailing the techno‑commercial terms will be signed in due course, it added.

The company also informed that none of the promoter, promoter group, or group companies have any interest in the entity that awarded the order. Furthermore, the said order does not fall under the purview of related party transactions.

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