Indian PSU stocks, especially defence shipbuilders like Mazagon Dock, Garden Reach, and Cochin Shipyard, are witnessing substantial share price surges. Cochin Shipyard s recent order for a hybrid service operation vessel pushed its stock by 34% in just four sessions.
The CSD650, once delivered, will be the largest stationary dredger owned by an Indonesian operator and will operate in a port expansion project in Kalimantan, the Indonesian portion of the island of Borneo.
Maritime Activity Reports, Inc.
Ortelius - Credit: Keppel
Keppel Offshore & Marine has delivered another Trailing Suction Hopper Dredger (TSHD) to Jan De Nul Group.
Named Ortelius, the 6000m3 Trailing Suction Hopper Dredger, is the fifth dredger that Keppel O&M has delivered to Jan De Nul Group, following the delivery of three 3500m3 TSHDs and one 6000m3 TSHD last year.
According to the shipbuilder, all five dredgers are Ultra-Low Emission vessels (ULEv) and the world s first European Union (EU) Stage V
dredgers.
Ortelius is fitted with a two-stage filtering technique for exhaust gases. Built to the requirements of the EU Stage V1 and International Maritime Organisation s (IMO) Tier III regulations, Ortelius is diesel-electric driven and able to dredge to a maximum depth of 35m.