APSEZ Secures Eight Advanced Harbour Tugs For Rs 450 Crore From Cochin Shipyard

Adani Ports and Special Economic Zone Ltd (APSEZ) announced on Friday the acquisition of eight advanced harbour tugs, worth Rs 450 crore, from Cochin Shipyard Ltd.

The delivery of these state-of-the-art tugs will begin in December 2026 and continue until May 2028, enhancing efficiency and safety at Indian ports, the company said in a statement.

The 70-tonne bollard pull tugs will expand Adani Ports’ fleet to 152 vessels, further strengthening its operational capabilities.

Ashwani Gupta, Whole-time Director and CEO of 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,” he added.

Earlier, APSEZ awarded Cochin Shipyard Ltd the contract to build two 62-tonne bollard pull ASD tugs for Ocean Sparkle Ltd.

These tugs were delivered ahead of schedule and are now deployed at Paradeep Port and New Mangalore Port.

The construction of three more ASD tugs is underway, increasing the total order to 13.

This expansion aims to provide a younger fleet for more efficient and reliable port services, the company stated.

As per India’s largest integrated transport utility company, “This initiative underscores the importance of sustainable practices in shipbuilding and reinforces the strategic significance of the maritime industry in India’s economic growth.”

Adani Ports and Special Economic Zone Ltd (APSEZ)

Adani Ports, India’s largest port developer and operator, manages 15 ports and terminals across the country, accounting for 27% of India’s total port volumes.

The company is also expanding its global footprint, developing a transhipment hub in Colombo and managing ports in Haifa, Israel, and Dar Es Salaam, Tanzania.

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