Adani Ports orders 8 tugs from Cochin Shipyard for Rs 450cr

Order under Make in India initiative for eight 70-tonne bollard pull tugs will increase Adani's total fleet to 152.

Update: 2024-12-27 10:45 GMT
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Adani Ports and Special Economic Zone (APSEZ), India’s largest integrated transport utility company, announced the procurement of eight state-of-the-art harbour tugs to be constructed by Cochin Shipyard.

The initiative aligns with the government’s Make in India and Aatmanirbhar Bharat initiatives by boosting local manufacturing and enhancing self-reliance in the maritime sector, says an official release from Adani Ports.

"With a total contract value estimated at Rs 450 crore, these tugs are expected to begin delivery in December 2026 and continue until May 2028, significantly improving the efficiency and safety of vessel operations in Indian ports."

Ashwani Gupta, Whole-time Director & CEO, APSEZ says: "This collaboration to procure from Cochin Shipyard signifies our commitment to enhancing maritime infrastructure in India and demonstrates our confidence in our nation's PSUs. By leveraging local manufacturing capabilities, which are world-class, we aim to contribute to the Make in India initiative while ensuring that our operations meet international standards of safety and efficiency.”

APSEZ had earlier contracted the construction of two 62-tonne bollard pull azimuthing stern drive (ASD) tugs to Cochin Shipyard for Ocean Sparkle, both of which were delivered ahead of schedule and deployed at Paradeep Port and New Mangalore Port. The construction of three additional ASD tugs is currently underway, bringing the total order to 13 tugs, aimed at providing a younger fleet for efficient and reliable services in the port sector, the release added.

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