Shipping Ministry highlights MoUs signed with Foreign countries for development of Indian Ports Back to News & Events List


The Government has entered into Memorandum of Understanding or Agreements with many foreign countries during the last two years for the development of ports and manufacture of ships in the Country.

Some of the major one are outlined below - 

(i) Memorandum of Understanding between the Government of the Republic of India and the Islamic Republic of Iran over partnership of India in development plan of Chabahar Port, signed on 06 May, 2015.

(ii) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in the fields of Maritime Transport and Logistics, signed on 18 May, 2015. Scope of cooperation under the MoU, inter-alia, includes utilization, development and management of domestic and overseas ports.

(iii) Agreement between the Government of the Republic of India and the Hashemite Kingdom of Jordan on Maritime Transport, singed on 11 October, 2015. Areas for development and cooperation under the Agreement, inter-alia, includes ship building.

(iv) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in Port Related Industry, signed on 13 April, 2016.

(v) Memorandum of Understanding between the Ministry of Shipping of the Republic of India and the Ministry of Public Works and Transport of the Kingdom of Spain on Cooperation in Port Matters, signed on 05 July, 2016.

The Cochin Shipyard Limited, Kochi has entered into the following Agreements/MoU with foreign companies for development of shipbuilding sector:

(i) Technical Collaboration for developing the design for a Trailer Suction Hopper Dredger with C-Job & Partners BV, Netherlands, signed on 19 July, 2014.

(ii) Memorandum of Understanding for Design for construction of Anti Submarine Warfare shallow water crafts for Indian Navy with M/s Alion, United State of America, signed on 11 August, 2014.

(iii) Memorandum of Understanding for construction of Dredgers with IHC, Holland, signed on 09 February, 2015.

(iv) Technical Service Agreement for construction of LNG Carriers for Gas Authority of India with Samsung Heavy Industries, South Korea, signed in March, 2015.

(v) Memorandum of Understanding for service Ballast Water Treatment Plants with  TechCross, South Korea, signed on 04 November, 2015.

(vi) License agreement with GTT France for building Liquefied Natural Gas ships for using their patented Mark-III Technology, exchanged on 02 December, 2015.

Original Source: dailyshippingtimes.com


Recent News


22

08/2017
No plans for duty-free sugar imports: Paswan

The country has sufficient stock of sugar available and there are no plans to allow further imports of the sweetener at zero duty, Food Minister Ram Vilas Paswan said today. ...

04

08/2017
Branding Strategy for Export Oriented Indian Products

Indias Foreign Trade Policy Statement released in 2015emphasises the need of a branding strategy. The India Brand Equity Foundation (IBEF) established by the Department of Com...

24

07/2017
Despite record production, Indian wheat imports to continue

India is expected to import up to 4 million tonnes of wheat this fiscal year, despite a bumper harvest, due to the cheaper availability of the commodity in the international ma...

10

07/2017
iiiEM celebrating 10 Years of Achievement

Ten years ago, the launch of iiiEM (International Institute of Import & Export Management) created a new type of export import training center – one that brought toge...