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Flagging off of the first batch of tuna long liner cum gillnet fishing vessels from Cochin Shipyard

Posted On: 2019-02-19 21:55:00

The First batch of Four (4 Nos.) Tuna Long Liner Cum Gillnetter Fishing Vessels designed and built by Cochin Shipyard Limited, for fishermen beneficiaries of Department of Fisheries, Govt. of Tamilnadu was flagged off today by the Honb'le Chief Minister of Tamilnadu, Thiru Edappadi K Palaniswamy. In this respect a ceremony was conducted in Cochin Shipyard Ltd attended by Shri Johny Tom IAS, Additional Director, Tamil Nadu Fisheries, Shri. K.S. Srinivas lAS, Chairman MPEDA, and Senior Officials of various other organizations connected with Fishing Industry in the presence of Shri. Madhu.S.Nair, Chairman - Cochin Shipyard and employees of Cochin Shipyard.

Cochin Shipyard is building a total of 16 Nos. Tuna Long Lining and Gillnetting fishing vessels under the diversification scheme of trawling fishing boats into deep sea fishing boats under Govt. of India Blue Revolution scheme with financial assistance from Government of India and Government of Tamilnadu. These vessels are designed and built as 'state of the art' high quality fishing vessels with modern navigation and communication equipment and advanced net hauling and liner winches. Other facilities include galleys, bio-toilet, refrigerated seawater system and stainless steel cladded PUF insulated Fish Hold to preserve the fish catch. These boats are a great boon to Indian Fishing Community to migrate to more sustainable Deep Sea Fishing.

Shares of Cochin Shipyard Ltd was last trading in BSE at Rs.339.9 as compared to the previous close of Rs. 336. The total number of shares traded during the day was 2919 in over 169 trades.

The stock hit an intraday high of Rs. 341.4 and intraday low of 333. The net turnover during the day was Rs. 990040.


Source: Equity Bulls

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