Cochin Shipyard Secures ₹500 Crore Hybrid Service Operation Vessel (SOV) Order

February 2, 2024

Public sector company Cochin Shipyard Limited (CSL) has bagged a prestigious international order from a European client for the construction of a hybrid service operation vessel (SOV) for offshore wind renewables market, with an option for a follow-on order. The order, it is learnt, is worth over ₹500 crore.

About the Order

The order is for the construction of a hybrid service operation vessel (SOV) to be used in the offshore wind renewables market. CSL already has an order from another European client to build two Commissioning Service Operation Vessels (CSOVs).
The global focus on sustainable and green energy solutions has led to significant growth in the offshore renewable energy segment. CSL noted that hybrid SOVs are critical assets in this growing and specialized renewables industry where they have proven expertise from their experience with offshore support vessels.
The SOVs are designed by VARD AS in Norway and purpose-built to service and maintain offshore wind installations. Key features include fully electric propulsion, a 3D motion compensated gangway system, a 3D crane, and DNV Clean Design and Cyber Secure notations.
The vessels will have hybrid electric propulsion with diesel generators and a large battery pack to reduce emissions. They will accommodate 54 crew and technicians with high comfort levels. Dynamic positioning and cargo carrying abilities are also noted.

CSL’s Experience

CSL has been active internationally for over two decades, delivering around 50 specialized vessels to Europe, the US, West Asia and other regions. They are currently building a series of eight multi-purpose vessels for a German customer. CSL also has active defense orders for warships from the Indian Navy. The company said its proven track record with offshore support vessels positions it well to capitalize on the fast-growing renewables market with vessels like the newly ordered hybrid SOVs.

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