Cochin Shipyard Limited (CSL) Secures Prestigious International Order for Hybrid Service Operation Vessel (SOV) for Offshore Wind Renewables Market

Hybrid Service Operation Vessel (SOV): Cochin Shipyard Limited (CSL), a public sector company, has secured a significant international order from a European client for the construction of a hybrid service operation vessel (SOV) catering to the offshore wind renewables market. The contract also includes an option for a potential follow-on order. The value of the order is reported to exceed ₹500 crore, marking it as a prestigious project for CSL.

About The Order Of Hybrid Service Operation Vessel (SOV)

A.) About the Hybrid Service Operation Vessel (SOV):

Design and Purpose:

• The hybrid SOV is meticulously designed by VARD AS in Norway, a renowned ship design and shipbuilding company.
• It is purpose-built to cater specifically to the service and maintenance needs of offshore wind installations, reflecting the growing demand for sustainable energy solutions.

Key Features:

1. Fully Electric Propulsion:

• The vessel boasts fully electric propulsion, marking a significant step towards reducing environmental impact and promoting sustainable practices in maritime operations.

1. 3D Motion-Compensated Gangway System:

• Equipped with a cutting-edge 3D motion-compensated gangway system, the vessel ensures safe and efficient crew transfer between the vessel and offshore installations even in challenging sea conditions.

1. 3D Crane:

• A state-of-the-art 3D crane is integrated into the vessel’s design, facilitating efficient handling and transfer of equipment and materials during servicing and maintenance operations.

1. DNV Clean Design and Cyber Secure Notations:

• The vessel is certified with DNV Clean Design and Cyber Secure notations, underscoring its adherence to stringent environmental standards and cybersecurity protocols.

Propulsion System:

• The hybrid SOV employs a hybrid electric propulsion system, combining the use of diesel generators with a large battery pack.
• This innovative propulsion setup aims to minimize emissions and enhance fuel efficiency, aligning with global efforts to mitigate climate change and reduce carbon footprint in the maritime sector.

Crew Accommodation and Comfort:

• With accommodations for 54 crew and technicians, the vessel prioritizes comfort and well-being during extended offshore deployments.
• High comfort levels are ensured through modern amenities and ergonomic design features tailored to meet the needs of crew members working in demanding offshore environments.

Dynamic Positioning and Cargo Carrying Abilities:

• The vessel is equipped with dynamic positioning capabilities, allowing for precise manoeuvring and station-keeping, essential for effective operations in offshore wind farms.
• Additionally, its cargo-carrying abilities enhance versatility, enabling the transport of essential equipment, supplies, and materials to and from offshore installations as required.

These features collectively position the hybrid SOV as a cutting-edge and efficient solution for servicing and maintaining offshore wind installations, contributing to the advancement of sustainable energy initiatives worldwide.

Cochin Shipyard Limited (CSL)

Overview:

• Cochin Shipyard Limited (CSL) is one of the leading shipbuilding and maintenance facilities in India.
• Established in 1972, CSL operates under the Ministry of Shipping, Government of India.
• Located in Kochi, Kerala, CSL is strategically positioned on the west coast of India, offering easy access to major shipping routes.

Infrastructure:

• CSL boasts state-of-the-art infrastructure, including modern shipbuilding facilities, dry docks, and repair workshops.
• The shipyard features three dry docks, with the largest dock capable of accommodating vessels up to 125,000 DWT.

Expertise and Experience:

• CSL has over four decades of experience in shipbuilding, repair, and maintenance.
• The shipyard has delivered a wide range of vessels, including bulk carriers, tankers, passenger ships, offshore support vessels, and naval vessels, to both domestic and international clients.

Capacity and Production:

• CSL has a robust production capacity, capable of handling multiple projects simultaneously.
• The shipyard has delivered over 250 vessels and repaired thousands of ships since its inception.

International Presence:

• CSL has a strong international presence, having delivered vessels to clients in Europe, the US, West Asia, and other regions.
• The shipyard has established itself as a reliable partner for global maritime projects, leveraging its expertise and capabilities.

Diversification and Growth:

• In addition to shipbuilding and repair, CSL has diversified its portfolio to include engineering and construction projects, offshore platforms, and marine engineering services.
• The shipyard is continuously expanding its capabilities and exploring new opportunities in the maritime industry.

Contributions to National Security:

• CSL plays a crucial role in strengthening India’s maritime security by constructing and repairing naval vessels for the Indian Navy and Coast Guard.

Commitment to Sustainability:

• CSL is committed to environmental sustainability and adheres to stringent environmental standards in its operations.
• The shipyard incorporates green technologies and practices to minimize its environmental footprint and promote sustainable shipbuilding practices.

Financial Performance:

• CSL has consistently demonstrated strong financial performance, with steady revenue growth and profitability over the years.
• The shipyard’s financial stability and reliability make it a preferred choice for maritime projects and collaborations.

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