Coastal Shipping Current Affairs, GK & News

CSL inks MoU with Russian firm to develop specialized vessels for Inland and Coastal shipping

Cochin Shipyard Limited (CSL) has inked Memorandum of Understanding (MoU) with Russian firm United Shipbuilding Corporation (USC) to develop specialized vessels for Inland and Coastal shipping. Both firms will collaborate and engage in Design, Development and Execution of contemporary, state-of-Art vessels for Inland and Coastal Waterways. It will mainly include development of High-Speed Vessels, Passenger ..

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BIMSTEC Member States discuss draft text of Coastal Shipping Agreement

In the first meeting of Working Group BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) member countries discussed draft text of BIMSTEC Coastal Shipping Agreement. The agreement has been drafted by the Ministry of Shipping, Government of India detailing modalities for promoting coastal shipping in region BIMSTEC Coastal Shipping Agreement The objective ..

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India, Bangladesh sign SOP for operationalising Agreement on Coastal Shipping

India and Bangladesh have signed the Standard Operating Procedure (SOP) for operationalising the Agreement on Coastal Shipping between both countries. The agreement was signed in June 2015 in order to improve the bilateral trade by reducing the logistic costs of EXIM transport. Key facts of SOP The SOP has been framed as per the terms ..

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