India-Russia Current Affairs

CSL inks MoU with Russian firm to develop specialized vessels for Inland and Coastal shipping

Cochin Shipyard Limited (CSL) has inked Memorandum of Understanding (MoU) with Russian firm United Shipbuilding Corporation (USC) to develop specialized vessels for Inland and Coastal shipping.

Both firms will collaborate and engage in Design, Development and Execution of contemporary, state-of-Art vessels for Inland and Coastal Waterways. It will mainly include development of High-Speed Vessels, Passenger Vessels, River-Sea Cargo Vessels, Dredgers and other watercrafts for inland waterways and coastal shipping.

Significance of MoU

  • It will give a push to Government’s Make-in-India programme.
  • It will augment capacity to develop eco-friendly and economic transportation along India’s inland waterways and coastal shipping routes under Sagarmala Project.
  • It will cater demand for different kinds of specialized vessels in the near and medium term for water based transport infrastructure.

Cochin Shipyard Limited (CSL)

CSL has recently incorporated as a Joint Venture (JV) Company called HCSL (Hooghly Cochin Shipyard Limited) at Kolkata, West Bengal. It will augment its capacity by setting up exclusive facility for construction and repair of vessels for inland and coastal waterways.

United Shipbuilding Corporation (USC)

USC is the largest shipbuilding holding in Russia that incorporates about 40 enterprises including shipyards, with more than 300 years of experience. It has played key role in the growth of inland waterways in Russia.

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Russia to help India to set up National Crisis Response Centre

Russia has agreed to assist India to set up National Crisis Management Centre (NCMC) in the country to handle disaster and other emergency situations.

This was agreed during a meeting between Union Home Minister Rajnath Singh and Russian Minister for Emergency Situations Vladimir Puchkov in Moscow.

Key Highlights of meeting

Both sides agreed that EMERCOM of Russia would cooperate with India in the establishment of the National Crisis Management Centre (NCMC) in India. Besides, they also held detailed discussions on cooperation in disaster management. They reviewed progress made on agreement on disaster management signed in 2010.

Both countries also agreed on programme of training of specialists and sharing of each other’s experiences as well as best practices in the field of Disaster Management. They also signed a joint implementation plan for 2018-19 for cooperation in disaster management.

Both sides also reinforced their determination to further strengthen their cooperation in sectors of security and counter-terrorism. They also reviewed the implementation of agreement on information security signed in October 2016. They also welcomed ongoing cooperation and regular exchange of visits between two National Security Councils.

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