Indian govt-run shipyard to build 'future-proof dry cargo vessel' for Norway
Udupi Cochin Shipyard Limited (UCSL), the Indian government-run shipbuilder, has bagged an international order to design and construct six new-generation 3800 DWT cargo vessels for a Norwegian firm Wilson Shipowning AS. DWT refers to Deadweight Tonnage which is an indication of how much cargo a vessel can carry) The USD 72 million or Rs 580 crore contract has been signed with an option for additional 8 vessels. First vessel is expected to be delivered by December 2024 and remaining deliveries are to be completed by March 2026.