Kochi, May 31 (IANS) Cochin Shipyard Ltd (CSL), one of the leading shipbuilding yards in the country, will launch five platform supply vessels (PSVs) Monday. The PSVs include Sea Turbot for Deep Sea Supply, Norway, Hellspont Daring and Hellspont Dawn for Hellspont Steam Ship, Greece, and Oliver Tide and Davidson Tide for Tide Water Marine, the US.

In a release issued here Saturday, the company said the vessels were designed in a way that would satisfy specific demands of transport of deck cargo, pipes, liquid cargo, cement/barite, unloading to rigs, production platforms and pipe-laying barges.

The vessels have been designed using Rolls Royce ship technology and all the five PSVs will be delivered between August and December 2008.

CSL commenced the ship building operations in 1978, ship repair in 1981, marine engineering training in 1993 and offshore upgradation in 1999.

As a technology leader in India, CSL has adopted the Japanese Integrated Hull Outfitting and Painting system (IHOP) for its new construction works.

A CSL official told IANS that the total cost of production of each vessel is $20 million and it was completed in a matter of six months.

“Some more outside work for the vessels is left and it would be done during the trial runs and then delivery would begin. Presently, we have orders for 20 PSVs for foreign owners valued at Rs.20 billion. We have also commenced construction of aircraft carrier for Indian Navy,” said the official.