Cochin Shipyard proposal to set up small ship division cleared

the union government has approved the proposal of the cochin shipyard for the creation of a small ship division in the yard. ﹔ the project, to be set up at an investment of rs 98 crore, is expected to be completed by mｉd﹣2009. equipment required for the project has already arrived ａnd on completion, it would help the shipyard to undertake concurrent construction of small commercial ships with the aircraft carrier for the indian navy, which is at present under construction, csl officials said.
meanwhile, csl delivered another platform supply vessel ‘sea turbot’ to deep sea supply, norway at a function here on wednesday.
this is the seventh of a series of eight ships being built for this owner. the first ship of the series was delivered in january 2007.
the subsequent four ships sea halibut, sea angler, sea pike ａnd sea bass were delivered in 2007﹣08 ａnd sea pollock in 2008﹣09.
the platform supply ships are of the popular ut﹣ 755﹣l design for the offshore industry. they are designed for satisfying the specific demａnds of transport of deck cargo, pipes, liquid cargo, cement／barite etc ａnd unloading to rigs ａnd production platforms, pipe﹣laying barges etc.
the ships are considered to be the workhorse of the offshore oil field industry which acts as a lifeline carrying all operational supplies ａnd stores to far off offshore installations.
as the offshore industry moves into deeper waters, demａnd for such advanced vessels is expected to rise.
three such ships are operating in west africa, one in libya ａnd one in mexico, ａnd one in india at the east coast oil base, a press release said.
the yard is also in the process of constructing 20 other offshore vessels for european／american clients valued at over rs 3,000 crore. csl also delivered two ships so far during the year 2008﹣09 ａnd plans to deliver another seven ships during the year.
the company’s performance continues to be impressive in terms of meeting contractual delivery schedules while maintaining high quality stａndards, the release added.