New dock will make it enter big league
Cochin Shipyard Ltd. (CSL), which is chalking out growth plans for the next two decades, is looking forward to setting up a big dock of very large crude carrier (VLCC) capacity at its proposed shipyard facility at Vizhinjam, contiguous to the proposed container terminal.
A VLCC capacity dock will put the CSL in the big league of shipbuilders and enable the shipyard to enter high value construction, industry sources said here.
The bid dock is at the centre of a 20-year plan being chalked out by the Shipyard, which is also building India’s first indigenous aircraft carrier and whose order book is a picture of health now.
Very Large Crude Carriers are of 1,60,000 to 3,19,999-deadweight tonnage and are being increasingly preferred for crude movement, especially by countries such as China, which plan to build a large fleet of VLCCs in the near future.
The CSL had commissioned its 500-tonne bollard pull test facility at Vizhinjam in September 2011.
News Sourced from The Hindu