Cochin Shipyard signs deal to build LNG vessel for French shipping giant

Cochin Shipyard Limited signed a major contract with CMA CGM Group to build special ships for them.

What the Contract Is For

CSL will build six container vessels powered by LNG (liquefied natural gas) — a cleaner fuel for ships.

These ships can each carry about 1,700 TEUs (standard containers).

Value and Importance of the Order

The deal is worth about USD 360 million (around ₹3,267 crore).

This is a mega international contract and boosts India’s position in global shipbuilding.

Delivery Timeline

The first ship is expected in about 36 months (around early 2029).

The remaining ships will come after that, roughly two per year.

Where the Ships Will Be Made

Ships will be built at Cochin Shipyard’s facility in Kerala.

Designs will be provided with help from technical partners from abroad.

Why It Matters

It’s the first major order CMA CGM has placed with an Indian shipyard instead of foreign builders like China or Korea.

The use of LNG fuel supports cleaner and more sustainable shipping.

Impact on the Maritime Sector

It strengthens India’s role in building modern eco-friendly ships for global companies.