India’s Cochin Shipyard signs MoU with United Shipbuilding to develop vessels

India’s Cochin Shipyard (CSL) and Russia’s United Shipbuilding Corporation (USC) have signed a memorandum of understanding (MoU) to collaborate on the design and development of inland and coastal waterways vessels.

Designed to support the Indian government’s "Make-in-India" program, the collaboration will aim to develop eco-friendly high-speed vessels, river-sea cargo vessels, passenger vessels, dredgers, and other watercraft for inland waterways and coastal shipping.

CSL has recently incorporated a joint venture company called HCSL (Hooghly Cochin Shipyard Limited) at Kolkata, West Bengal, with plans of setting up an exclusive facility for construction and repair.

Last modified onThursday, 08 March 2018 16:48

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