Cochin Shipyard enters into MoU with USC to boost water transportation

08 Oct 2018 Evaluate

Cochin Shipyard has entered into a memorandum of understanding (MoU) with Russian firm United Shipbuilding Corporation (USC) to boost water transportation in India.

As per the MoU, USC will engage in development of the state-of-the-art vessels for inland and coastal waterways in the country. The company and USC aim to develop high-speed vessels, river-sea cargo vessels, passenger vessels, dredgers, and other watercraft for inland waterways and coastal shipping in India.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India. The company caters to clients engaged in India’s defence segment and global commercial shipping sector.

Cochin Shipyard Share Price

1512.50 0.00 (0.00%)
04-Nov-2024 15:34 View Price Chart
Peers
Company Name CMP
Mazagon Dock Ship 4021.20
Cochin Shipyard 1512.50
VMS Industries 49.58
Knowledge Marine & E 1841.05
Laxmipati Engineerin 226.60
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.