Cochin Shipyard Limited (CSL) has signed a letter of intent with a prominent European client to design and construct six liquefied natural gas (LNG)-powered feeder container vessels, each with a capacity of about 1,700 TEU.
The company disclosed the development in a stock-exchange filing dated October 14, 2025, noting that a detailed shipbuilding contract covering technical and commercial terms will follow.
CSL classified the agreement as a “Mega” order, which is its highest internal category for projects valued above ₹2,000 crore.
The company added that none of its promoters or related parties has any interest in the entity awarding the order.
In the filing, CSL stated: “CSL has bagged a Mega order from a prominent European client for the design and construction of six (6) feeder container vessels, each with a capacity of abt. 1,700 TEU and powered by liquefied natural gas (LNG). A Letter of Intent (LOI) in this regard was signed on October 14, 2025.”
Cochin Shipyard Limited is a public sector enterprise under India’s Ministry of Ports, Shipping and Waterways. It is the country’s largest shipbuilding and ship repair facility, with operations covering both commercial and defense segments.
