Business
September 11, 2023
3 min

Cochin Shipyard conducts steel cutting of ships for Cyprus-based firm - BusinessLine

Cochin Shipyard Ltd has begun the steel cutting ceremony for two Commissioning and Service Operating Vessels (CSOVs) for Pelagic Wind Service Ltd. The vessels, designed for the offshore wind industry, aim to revolutionize commissioning, servicing, maintenance, and operations functions. The project highlights India's emergence as a hub for high-value vessel production. The global offshore wind energy sector is projected to achieve 10% of the global energy mix from offshore wind farms by 2050.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry