CSL subsidiary Udupi Cochin Shipyard Limited signed a tripartite agreement

The agreement was signed at an event held at Cochin Shipyard Limited on Thursday, January 19.

CSL subsidiary Udupi Cochin Shipyard Limited signed a tripartite agreement

New Delhi: Udupi Cochin Shipyard Limited (UCSL) wholly owned subsidiary of Cochin Shipyard Limited, the Department of Fisheries and five fishermen self help group societies from Kerala have signed a tripartite agreement for construction of Ten Deep-Sea Tuna Long Liner cum Gill netter fishing vessels. The order value is around Rs 14 crores.

Dr Adeela Abdulla IAS, Director of Fisheries , Government of Kerala, Harikumar A A, CEO, UCSL and five fishermen belonging to various self help groups in Kerala signed the agreement at an event held at Cochin Shipyard Limited on Thursday. UCSL at Malpe, Karnataka is a fully owned subsidiary of Cochin Shipyard.

The vessels are designed as per the standard design for deep sea fishing vessel for Pradhan Mantri Matsya Sampada Yojana (PMMSY). The vessels will be equipped with advanced navigation and communication systems including GPS, Automatic Identification System, distress alert transmitter, fish finder and magnetic compass.

The vessel is of 22.7 m length and 6.4 m of breadth. The vessel can achieve a maximum speed of 8 knots while it has a capacity of 12 persons.

The vessel will be equipped with fishing gears such as Long Liner Winch and Gillnet Hauler. These vessels are built to provide safe and sturdy vessels in the water to enhance productivity, safety and livelihood of the fishermen community.

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