Cochin Shipyard secures $360 mn deal from French firm for first India-made LNG container ships
NEW DELHI: Cochin Shipyard Ltd (CSL) on Wednesday signed a $360 million shipbuilding contract with French shipping and logistics giant CMA CGM to manufacture six LNG-powered container ships, each with a 1,700 TEU capacity.
The deal marks the first order for “Made in India” container ships awarded to an Indian shipyard. The vessels will be built at CSL’s existing facility in Kerala, using designs provided by South Korea.
