Cochin to have maritime excellence centre, ship repair facility

Image
IANS Cochin
Last Updated : Nov 17 2017 | 8:22 PM IST

In a bid to boost India's shipping sector, Union Minister of Shipping Nitin Gadkari on Friday announced setting up of a Centre of Excellence in Maritime and Shipbuilding (CEMS) and also laid the foundation stone for Cochin shipyard's Rs 970-crore International Ship Repair Facility here.

As per the plan, the centre will have campuses at Vishakhapatnam and Mumbai and will provide industry-relevant skill development, equip students with employable engineering and technical skills in the port and maritime sector.

The centre -- a collaboration between the Ministry of Shipping and Siemens -- is also envisaged to boost government's pet Sagarmala programme.

"It will help meet the domestic skill requirement in ship design, manufacturing and operating, maintenance, repair and overhaul (MRO) and aims to become an international nodal centre in South Asia, attracting students from neighbouring countries like Sri Lanka and Bangladesh," said Gadkari during the event where he also unveiled the CEMS logo.

The minister also laid foundation stone for Cochin Shipyard Ltd (CHL)'s Rs 970 crore ship repair facility, which will double the number of ships that can be repaired every year.

Stating that Cochin was all set to become a global ship repair hub, Gadkari said the facility would be built at the Cochin Port Trust where the CSL has leased out a 40-acre plot for the project.

"CSL will set up a ship lift system of size 130m x 25m with lifting capacity of 6,000 tonne and six work stations. The facility can repair up to 85 vessels, and CSL will thereby be almost doubling the number of ships that can be repaired every year," according to a Shipping Ministry statement.

The International Ship Repair facility will be a state-of-the-art facility that can handle a major chunk of small- and medium-sized vessels plying in India.

Gadkari said the industry would also generate about 6,000 direct and indirect jobs, besides giving rise to a number of ancillary industries in the state, thus having a multiplier effect on employment and economy.

A conference, titled "Build The Ship - 2017" was also organised by the Ministry of Shipping here.

The event deliberated upon the recommendations of a study regarding the growth strategies for promotion of shipbuilding, ship design, ship repair and marine ancillaries in India.

Later Gadkari visited Munnar, where he laid the foundation stone for rehabilitation and upgradation of NH-85 from Bodimettu to Munnar to two-laned with paved shoulder.

The 42-km project has an estimated cost of Rs 380.76 crore.

--IANS

rup/nir/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 17 2017 | 8:08 PM IST

Next Story