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Date: 05/07/2024

UCSL gets order for 4 dry cargo vessels from Norway

Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary, has bagged an order from Wilson ASA, Norway for the design and construction of four 6300 TDW dry cargo vessels. Agreement has also been entered into for an additional 4 vessels of the same type which will be formally contracted within September 19, 2024. This is a follow-up order in continuation of the contract awarded in June 2023 for the construction of six 3800 TDW dry cargo vessels, which are now at advanced levels of construction at the yard. The vessels shall be designed by Conoship International, Netherlands and shall be constructed as environment-friendly diesel-electric vessels for the transport of general cargo in the coastal waters of Europe. The overall project of 8 vessels is worth about Rs 1,100 crore and is to be executed within September 2028, as per a report.
 
Source: Exim News Service: Bengaluru, July 4



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