Cochin Shipyard Unaffected, Supports Relief Work in Kerala

Deepthi | Myequity news | Date : 20-08-2018 14:00:00 IST

As the flood situation remains alarming in Kerala much of downtown Kochi including Cochin Shipyard Limited have been unaffected. The company’s plant and machinery remained safe and did not suffer adverse impact of the inclement weather.

Cochin Shipyard also contributed its might for the extensive relief work which is proceeding on war-footing to save those who are caught up in the present situation. As an immediate measure, the company will be contributing Rs. 1 crore towards the Chief Minister’s relief fund under the company’s CSR fund. Apart from this, all employees have contributed their one day’s salary and all executives have contributed two day’s salary for the rehabilitation of the flood victims. The company is also rendering full support to relief camps by way of supplying essentials like prepared food, provisions, personal effects etc.

The company will be considering further support towards rehabilitation in the due course.

About Cochin Shipyard Limited:

Cochin Shipyard Limited (CSL) is the largest shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India. Of the services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. Presently it is building the first range of indigenous aircraft carriers for the Indian Navy, the Vikrant-class aircraft carriers. Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982. The company has Miniratna status. The yard has facilities to build vessels up to 1.1 million tons and repair vessels up to 1.25 million tons, the largest such facilities in India.

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