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Cochin Shipyard delivers another platform supply vessel

behalf of Cochin Shipyard and Dr Michael B. Kennedy, Managing Director, on behalf of NFC Offshore, Norway in the presence of Mr N.M. Paramesh, Director (Finance) and Cmde K. Subramaniam, Director (Operations).
Order book
Cochin Shipyard is currently constructing 16 similar ships for various foreign owners. Besides, the yard is also constructing an aircraft carrier for the Indian Navy.
The yard is also hoping to diversify into higher ended ships with diesel propulsion, which is still on the drawing board.
The yard is likely to start construction of these ships by middle of next year. Various Indian and foreign owners have shown interest in these high ended ships, a statement said.
These platform supply ships are of the popular UT 755 LN design for the offshore industry.
The vessel is 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.
They are the workhorse of 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.
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