SECTOR
Cochin Shipyard, Svitzer sign LoI to construct new generation of electric TRAnsverse tugs
Oct-31-2025

Cochin Shipyard (CSL) and Svitzer have signed landmark Letter of Intent (LoI) to construct a new generation of electric TRAnsverse tugs in India. The agreement marks a clear step forward in Svitzer’s electrification roadmap and in strengthening India’s role as a global maritime manufacturing hub.

Under the LoI, Svitzer and CSL will collaborate on plans to build electrical TRAnsverse tugboats at CSL’s yard facilities in India - signaling Svitzer’s long-term intent to Make in India and to bring to market one of the most advanced and environmentally progressive tug designs to support India’s green port and green towage ambitions. The collaboration will combine Svitzer’s global expertise in sustainable towage with CSL’s excellent shipbuilding capability and the wider strengths of India’s engineering talent, supply chains and innovation ecosystem.

This partnership represents a significant step toward decarbonising towage and advancing India’s maritime industry toward a low-carbon future. As critical first- and last-mile port infrastructure, Svitzer’s towage solutions, decarbonisation expertise and asset mix provide a strong foundation to enhance the sustainability of port operations.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.

  RELATED NEWS >>