Cochin Shipyard Signs Electric Tug Contract with Denmark's Svitzer

Cochin Shipyard, a big Indian company, has made a deal with a Danish company called Svitzer.

They will build four special electric boats called tugs.

These boats are 26 meters long and very strong.

The deal is worth a lot of money, between Rs 250 crore and Rs 500 crore.

The boats will be ready to be delivered starting from late 2027.

This is a big step towards making boats that are better for the environment.

Also, Cochin Shipyard has announced that they will give some of their profits to their shareholders as a dividend.