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Cochin Shipyard signs contract for Tuna Long Lining & Gillnetting Fishing Vessels

Mumbai, Jan 30(UNI) Cochin Shipyard (CSL) said that company has signed on January 29, 2018, contracts for construction of 16 nos Tuna Long Lining & Gillnetting Fishing Vessels under the diversification of trawl fishing boats from palk bay into deep sea fishing boats under Central sector on Blue Revolution Scheme of with financial assistance from Government of India and the Government of Tamil Nadu.
This is CSL's first entry into the fishing vessel construction segment. CSL, known for its capabilities in construction of big & high-end specialised vessels wishes to bring in quality, modern and efficient products to thiscurrently unorganised sector thereby benefitting not only the fishing community, but also partnering in the effort to sustain the ecology by promoting long lining & gillnetting activities as against the highly damaging trawling that currently exists in this space,company said in afiling with BSE.
The current order for 16 boats, has been construed by CSL as a Pilot project as part of its attempt to venture into and understand the requirements of this sector. CSL is partnering with the Central Institute of Fisheries Technology (CIFT) in this endeavour with inspection under Indian Register of Shipping. The proposed vessel of length around 22 Mtrs is provided with Central and State subsidy to the maximum of 56 Lakhs for the selected beneficiaries of the Fisheries Department, filing added
UNI JS NV1251
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Bullion Market Opening Rates

20 Apr 2018 | 10:56 AM

Chennai, Apr 20 (UNI) Following is the bullion
markets opening rate here today.

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Cash crunch: urgent steps needed: AIRRBEA

19 Apr 2018 | 10:02 PM

Hyderabad, Apr 19 (UNI) All India Regional Rural Bank Employees Association (AIRRBEA) on Thursday urged the Finance Ministry to take some urgent steps to overcome the acute cash crunch in banks.

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Mahindra & Mahindra launches Plush new WCV500

Mahindra & Mahindra launches Plush new WCV500

19 Apr 2018 | 8:03 PM

Hyderabad, Apr 19 (UNI) Mahindra & Mahindra Ltd, part of the USD 19 billion Mahindra Group, has
launched the Plush New XUV500 here on Thursday which sets a new benchmark in the premium
SUV segment with a bold new design, plush, luxurious interiors and higher power and torque.

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Kottayam-Kochi Rubber Market Rates

19 Apr 2018 | 7:34 PM

Kottayam, Apr 19 (UNI) Following were the Rubber Market rates announced by
the Rubber Board here today per quintal
KOTTAYAM RSS FOUR Rs 12000 RSS FIVE Rs 11700 ISNR TWENTY: Rs 10600
SIXTY PERCENT LATEX: Rs.

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SME Convention to begin from April 22 in Delhi

19 Apr 2018 | 6:50 PM

New Delhi, Apr 19 (UNI) The four-day International SME convention will begin here from April 22.

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