The Indian Navy inkes MoU with Cochin Port trust for utilizing Port’s berthing facility at Mattancherry wharf for Naval ships
The Indian Navy has inked a Memorandum of Understanding (MoU) with the Cochin Port Trust (CPT) for utilizing the Port’s berthing facility at Mattancherry wharf for Naval ships. As per the MoU, Cochin Port’s Q2 and Q3 berths at Mattacherry wharf, totaling 228 metre quay length, would be handed over to the Indian Navy for five years for berthing their ships. The lease, at an approximate cost of Rs10 crore a year, would not only enhance the growing partnership between the Navy and CPT, but will also provide the Navy with larger berthing space, thereby enabling the presence of naval ships in Kochi, both at naval as well as commercial jetties.
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