KOCHI:
Cochin Shipyard Limited signed a Memorandum of Understanding (“MoU”) with Engineers India Limited for design and construction of small scale LNG Carriers.
Cochin Shipyard Ltd (“CSL”), a ‘Miniratna’ Central Public Sector Enterprise (“CPSE”), under the Ministry of Shipping and Engineers India Limited (“EIL”), a ‘Navratna’ CPSE, under the Ministry of Petroleum & 
inked the MoU at CSL, Kochi on 16 October 2016. The event was held in the presence of chairman & managing directors and senior officers of both CSL and EIL.
This initiative, under the ambit of ‘Make in India’ programme of the government of India, aims at joint design and building small scale LNG Carriers. The MoU aims to leverage EIL’s strengths in the process and systems engineering and CSL’s strengths in ship design and construction.
This initiative is also in alignment with the government of India’s vision of SAGARMALA and Inland Water Ways Development initiatives. The MoU shall create an LNG value chain ecosystem to cater to the coastal and
inland water transport segment in the Indian sub- continent.
The MOU’s scope also covers the mutual co-operation for the vendor development, training, certification process of skilled manpower between the organizations.
CSL has also acquired license for the construction of membrane technology of Gaztransport Technigaz (GTT), France for the cargo containment systems of large LNG vessels.
more recommended stories
KINFRA Signs MoU with Goldsikka Pvt Ltd to Set up Global Gold City at MattannurTHIRUVANANTHAPURAM:Kerala Industrial Infrastructure Development Corporation (KINFRA).
Rs 99.52 Cr for KSUM; Three New Schemes Rolled OutTHIRUVANANTHAPURAM:The State Budget for 2026-27, presented.
KSUM Invites Kerala Startups to Showcase Innovations at Convergence India Expo 2026 in New DelhiKOCHI:The Kerala Startup Mission (KSUM) has.
CIAL International Cargo Business Summit to be held on January 31 and February 1KOCHI:Cochin International Airport Limited, in collaboration.
Talent Pool, Infrastructure Scale-up Propel Technopark KollamKOLLAM:With multiple infrastructure projects underway, improved.
Milma Signs MoU with Food Links to Market Products to Gulf CountriesKOCHI:Scaling up its overseas market, Kerala.
UST Adopt-a-Village CSR Initiative Hands Over 2 More Water Treatment PlantsTHIRUVANANTHAPURAM:The hugely successful Adopt-a-Village programme spearheaded.
Alzone Software Opens New Office at TechnoparkTHIRUVANANTHAPURAM:Leading Robotics Process Automation (RPA) and.
Kerala has Become the Most ideal State for Industries: Finance MinisterKOCHI:“Kerala has evolved as an ideal.
BPCL Leads Nationwide Push to Expand PNG and CNG AdoptionMUMBAI:Bharat Petroleum Corporation Limited (BPCL), a.