DeangeloWaley: minor refine structure for accuracy and cleaned formatting

2026-03-04T10:05:22Z

minor refine structure for accuracy and cleaned formatting

>Profpremrajpushpakaran1 at 05:55, 1 July 2021

2021-07-01T05:55:37Z

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{{short description|Shipbuilding and maintenance facility in India}}
{{Use Indian English|date=October 2020}}
{{Use dmy dates|date=February 2017}}
{{coord|9.954585|76.28814|type:landmark_region:IN-KL|display=title}}
{{Infobox company
| name = Cochin Shipyard Limited
| logo = Cochin Shipyard SVG Logo.svg
| type = [[Public Sector Undertaking]]
| traded_as = {{BSE|540678}}<br>{{NSE|COCHINSHIP}}
| foundation = 1972
| location_city = [[Kochi, Kerala]]
| location_country = [[India]]
| area_served = India
| owner = [[Government of India]]
| key_people = Madhu S. Nair<br/> ([[Chairman]] & [[Managing director|MD]])
| industry = [[Shipbuilding]]
| products = [[Aircraft Carrier]];[[Tanker (ship)|Tankers]]; [[Bulk carrier]]s; [[Platform supply vessel]]s; [[Patrol boat]]s; [[Diving support vessel]]s
| services = [[Naval architecture|Ship design]]<br/>[[Shipbuilding]]<br/>[[Shipbuilding#Ship repair industry|Ship repair]]
| revenue = {{Increase}} {{INRConvert|3669.99|c}} (2019-20)<ref name=finances/>
| operating_income = {{Increase}} {{INRConvert|908.02|c}} (2019-20)<ref name=finances/>
| net_income = {{Increase}} {{INRConvert|637.69|c}} (2019-20)<ref name=finances/>
| assets = {{Increase}} {{INRConvert|6404.62|c}} (2019-20)<ref name=finances/>
| equity = {{Increase}} {{INRConvert|3731.79|c}} (2019-20)<ref name=finances>{{cite web |url=https://cochinshipyard.com/uploads/financial-results/Q4Mar2020.pdf |title=Annual Report 2019-2020 |access-date=2020-08-19}}</ref>
| num_employees = 1,744 (March 2019)
| parent =
| divisions =
| subsid =
| caption =
| homepage = {{URL|https://cochinshipyard.com/}}
| footnotes =
}}

[[Image:Cochin Shipyard.jpg|thumb|A view of one of the docks at the Cochin shipyard]]
'''Cochin Shipyard Ltd (CSL)''' is the largest shipbuilding and maintenance facility in [[India]].<ref>{{cite web |url=http://www.cochinshipyard.com/credentials.html |title=Welcome to Cochin Shipyard : ISO 9001 Certified Shipyard of the Millenium |publisher=Cochinshipyard.com |access-date=15 August 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130914061304/http://cochinshipyard.com/credentials.html |archive-date=14 September 2013 |df=dmy-all }}</ref> It is part of a line of maritime-related facilities in the port-city of [[Kochi]], in the [[Kerala|state of Kerala]], India.<ref>{{cite web
|publisher=Shipping Ministry of India
|url=http://shipping.nic.in/shipwing2.htm
|archive-url=https://archive.today/20050915045113/http://shipping.nic.in/shipwing2.htm
|url-status=dead
|archive-date=15 September 2005
|title=List of ship building centres in India
|access-date=18 July 2008
}}</ref>

Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. Presently it is building the first indigenous [[aircraft carrier]]s for the [[Indian Navy]], the {{INS|Vikrant|2013|6}}.

Cochin Shipyard was incorporated in 1972 as a [[Government of India]] company, with the first phase of facilities coming online in 1982. The company has [[Miniratna]] status.<ref name="cochin1">{{cite news |last1=Mudgill |first1=Amit |title=Cochin Shipyard rallies over 20% on D-Street debut |url=https://economictimes.indiatimes.com/markets/stocks/news/cochin-shipyard-makes-quite-debut-lists-at-0-7-premium-over-issue-price/articleshow/60014904.cms |access-date=13 June 2018 |work=The Economic Times |date=12 August 2017}}</ref> The yard has facilities to build vessels up to 1.1 lakh tons and repair vessels up to 1.25 lakh tons, the largest such facilities in [[India]]. In August 2012, the [[Government of India]] announced plans of [[divestment]] to raise capital of Rs. 15 billion (15,000 million Rupees) for further expansion through an [[initial public offering]] (IPO) towards the end of the fiscal year.<ref>{{cite news|title=Cochin Shipyard Limited firms up plans to go for IPO by year-end|url=http://articles.timesofindia.indiatimes.com/2012-08-02/kochi/33000525_1_csl-aframax-ipo-plans|access-date=23 August 2012|url-status=live|archive-url=https://web.archive.org/web/20121023222443/http://www.hindu.com/2006/03/01/stories/2006030104122100.htm|archive-date=23 October 2012|work=[[The Times of India]]|df=dmy-all}}</ref> However, this did not materialise until August 2017, when the company conducted its IPO and listed its shares on the [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]].<ref name="cochin1"/>

The government finalised the decision of stake sale on 18 November 2015. 33.9 million (33.9 million) shares of face value Rs. 10 Each will be sold, out of which the government is holding {{formatnum:113000}} shares while the others are fresh equity.

The shipyard also trains graduate engineers in [[Marine propulsion|marine engineering]].<ref>{{cite web |title=Cochin Shipyard – Marine Engineering Training Website |url=http://cochinshipyard.com/training.html |access-date=17 January 2008 |url-status=dead |archive-url=https://web.archive.org/web/20080117093223/http://cochinshipyard.com/training.html |archive-date=17 January 2008 |df=dmy-all }}</ref> Around one hundred students are trained each year.

==Shipbuilding==
[[File:Vikrant.jpg|thumb|[[INS Vikrant (2013)|INS Vikrant]] being built at Cochin Shipyard in 2017]]
The first ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981.<ref>{{cite news |author=Priyadershini S. |url=http://www.thehindu.com/life-and-style/society/article2970951.ece |title=Soft hands handling hard steel |work=The Hindu |date=7 March 2012 |access-date=15 August 2013 |location=Chennai, India |url-status=live |archive-url=https://web.archive.org/web/20120310161414/http://www.thehindu.com/life-and-style/society/article2970951.ece |archive-date=10 March 2012 |df=dmy-all }}</ref>

The yard has delivered two of India's largest double-[[Hull (watercraft)|hull]] [[Aframax]] [[tanker (ship)|tanker]]s each of {{DWT|95,000}}.

CSL has secured shipbuilding orders from internationally renowned companies from Europe and the Middle East. The shipyard is building six {{DWT|30,000}} bulk carriers for [[Clipper Group]] of the [[Bahamas]] and the first three vessels have been launched.<ref>{{cite news |url=http://www.hindu.com/2006/03/01/stories/2006030104122100.htm |title=Business : CSL launches three new vessels |date=1 March 2006 |access-date=15 August 2013 |location=Chennai, India |url-status=dead |archive-url=https://web.archive.org/web/20121023222443/http://www.hindu.com/2006/03/01/stories/2006030104122100.htm |archive-date=23 October 2012 |work=[[The Hindu]] |df=dmy-all }}</ref>

Eight [[platform supply vessel]]s for the Norwegian Seatankers Management Company, are also under construction.{{citation needed|date=August 2013}}

Cochin Shipyard is currently building India's first indigenous aircraft carrier. {{INS|Vikrant|2013|6}}, (formerly, the Project 71 "Air Defence Ship") is the first aircraft carrier of the Indian Navy to be designed and built in India. The carrier will be the largest warship built by CSL. The construction is expected to be completed by February 2021.<ref>{{cite news |last1=Pandit |first1=Rajat |title=India without aircraft carrier for 8 months - Times of India |url=https://timesofindia.indiatimes.com/india/India-without-aircraft-carrier-for-8-months/articleshow/53407213.cms |work=The Times of India |date=27 July 2016}}</ref><ref>{{Cite web|url=https://thediplomat.com/2018/12/indias-first-homegrown-aircraft-carrier-to-begin-sea-trials-in-2020/|title=India’s First Homegrown Aircraft Carrier to Begin Sea Trials in 2020|last=Diplomat|first=Franz-Stefan Gady, The|website=The Diplomat|language=en-US|access-date=2019-03-31}}</ref>

==Ship repair detail==
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]], the [[Union territory]] of [[Lakshadweep]], Fisheries and [[Cochin Port Trust]], [[Shipping Corporation of India|SCI]] and the [[Oil and Natural Gas Corporation]] (ONGC). It has performed major overhauls for the [[aircraft carrier]], [[INS Viraat|INS ''Viraat'']].
It has also performed major overhauls for the aircraft carrier INS Vikramaditya two times on 2016 and 2018 respectively.
Recently CSL was awarded major maintenance and upgrade orders from [[ONGC]]. This included major overhaul of three rigs, Mobile [[Offshore drilling rig|Offshore Drilling Unit]] (MODU) ''Sagar Vijay'', Mobile Offshore Drilling Unit ''Sagar Bhushan'' and [[Jackup rig]] ''Sagar Kiran''.

==References==
{{reflist|30em}}

== External links ==
{{commons category}}[https://cochinshipyard.com/ Website]{{Kochi (India) topics}}
{{Public Sector Undertakings in India}}
{{authority control}}

[[Category:Shipbuilding companies of India]]
[[Category:Shipyards of India]]
[[Category:Companies based in Kochi]]
[[Category:Ports and harbours of Kerala]]
[[Category:Government-owned companies of India]]
[[Category:Transport in Kochi]]
[[Category:1972 establishments in Kerala]]
[[Category:Vehicle manufacturing companies established in 1972]]

Cochin Shipyard - Revision history

DeangeloWaley: minor refine structure for accuracy and cleaned formatting

>Profpremrajpushpakaran1 at 05:55, 1 July 2021