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Cochin Shipyard Ltd deploys 2 new offshore vessels


An unrelated photo of a Platform Supply vessel

KOCHI (PTI): Public sector Cochin Shipyard Ltd (CSL) has deployed two new offshore support vessels constructed for Shipping Corporation of India and a Norwegian company.

BY 80, an anchor handling tug supply vessel, was contracted by Shipping Corporation and BY 84, a platform supply vessel, by Brage Supplier of Norway. The vessels were launched at a function at CSL here Tuesday, a press release said.

The ships were launched by CSL Director (Technical) V Radhakrishnan in the presence of CSL Chairman and Managing Director Commodore K Subramaniam and Director (Finance) Ravikumar Roddam.

BY 080, to be named SCI Urja, is the last in a series of four 120-tonne bollard pull anchor handling tug supply vessels (AHTS) being built for Shipping Corporation of India Ltd, Mumbai.

The vessel is of AH03 design, designed by STX Europe, and is classified under the Rules and Regulations of the American Bureau of Shipping as 'Dual Class' with the Indian Register of Shipping.

The 66x16-metre vessel is equipped with a 300-tonne anchor handling winch, Grade-1 dynamic positioning systems and Grade-1 fire-fighting equipment and is capable of all normal offshore supply functions.

The vessel has accommodation for 29 people and also meets the requirements of a Emergency Rescue & Response Vessel, which will enable standby and rescue functions in case of an oilfield exigency.

Upon delivery, the vessel will fly the Indian flag and will be registered at Mumbai.

BY 084 is the last of a series of four platform supply vessels of type PSV 09 CD, designed by STX Europe, being built for Brage Supplier, Norway. The vessel is a modern large diesel electric PSV designed to cater to all-around needs of the offshore oil and gas industry.

The 86x19-metre vessel meets the highest levels of environmental safety denoted by the 'Clean Design' notation of Det Norske Veritas.

In addition to normal offshore supply operations, the vessel -- with accommodation for 44 persons -- is capable of carrying methanol and is fitted with Grade-1 fire-fighting equipment. The vessel is also equipped with Grade-2 dynamic positioning equipment.

The yard presently has 34 ships on order. The shipyard posted impressive performance for the fifth year in a row in 2010-11.

The yard achieved a turnover of Rs 1,462 crore during 2010-11, compared to Rs 1,417 crore in the previous year, and a net profit of Rs 227.53 crore as compared to Rs 223.04 crore in the previous year. The performance is commendable, especially in light of the withdrawal of government subsidies on shipbuilding since August, 2007.

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