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Cochin Port Trust could sign MoUs worth ₹3,000 crore at maritime summit February 25, 2021 A view of the International Container Transhipment Terminal (ICTT), Vallarpadam at Kochi in Kerala (File Photo) A view of the International Container Transhipment Terminal (ICTT), Vallarpadam at Kochi in Kerala (File Photo)× To be in areas like dredging for maintenance of channels and basins, coastal connectivity, cargo handling, tourism-related projects, aviation fuel terminal, and deepening and widening of port channels Cochin Port Trust is expected to sign over 25 memorandums of understanding (MoUs) worth around ₹3,000 crore at the 2nd Maritime India Summit 2021 scheduled to be held on March 2 to 4. ....
Updated: Share Article AAA The Maritime India Summit – 2021 being organised by the Ministry of Ports, Shipping and Waterways between March 2 and 4 will be inaugurated by Prime Minister Narendra Modi. The summit will be conducted on a virtual platform and can be attended by exhibitors as well as all connected with the maritime sector, said a communication from the Cochin Port Trust here. As part of the summit, MoUs are being signed by major ports in India to promote maritime trade and establish new projects for upgrading infrastructure facilities. Cochin Port Trust is in the process of signing 25 MoUs. The port authority has signed an MoU with Fertilisers and Chemicals Travancore Limited, Kottayam Port, Parisons Infrastructure Pvt Ltd, Great Seas Services LLP, Cochin Cements, Greenix Ventures Pvt. Ltd., REC Global, Krishna Hospital, and Unique Bunkers. The total estimated value of the projects covered under the MoUs is ₹1,025 crore and will generate abo ....