Adani Ports places India’s largest tug order with Cochin Shipyard worth Rs 450 crore

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced India’s largest order for eight 70-tonne bollard pull tugs under the “Make in India” initiative. The ₹450 crore contract has been awarded to Cochin Shipyard Ltd and aims to bolster local manufacturing while supporting the Aatmanirbhar Bharat initiative.

Key Details of the Order:

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  • Fleet Expansion: Adani’s tug fleet will grow to 152 with this order.
  • Delivery Timeline: The tugs will be delivered between December 2026 and May 2028.
  • Previous Collaboration: Cochin Shipyard previously delivered two 62-tonne bollard pull ASD tugs ahead of schedule and is working on three more for Adani Ports.

Mr. Ashwani Gupta, Whole-time Director & CEO of Adani Ports and Special Economic Zone Limited (APSEZ) stated “This collaboration to procure from Cochin Shipyard Ltd signifies our commitment to enhancing maritime infrastructure in India and demonstrates our confidence in our nation’s PSUs. By leveraging local manufacturing capabilities, which are world-class, we aim to contribute to the ‘Make in India’ initiative while ensuring that our operations meet international standards of safety and efficiency.”

Strategic Implications:

  • The tugs will enhance operational safety and efficiency across Indian ports.
  • This move aligns with Adani’s commitment to boosting India’s maritime infrastructure while maintaining international standards in safety and performance.

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