The Economic Times

Cochin Shipyard shares in focus after $360 million LNG contract win from CMA CGM Group

Cochin Shipyard secured a significant $360 million contract to build six LNG-powered container vessels for France's CMA CGM Group. This deal boosts its order book to Rs 23,000 crore, enhancing future revenue visibility. The first vessel is slated for delivery by February 2029, with subsequent deliveries at two per year. This marks a key expansion into sustainable shipbuilding.