Indian Navy Signs MoU with Cochin Port Trust

The Indian Navy has inked an MoU with the Cochin Port Trust (CPT), Kerala towards leasing of 228 metres of berths at Mattancherry Wharf for a period of five years.

The MoU has been concluded to cater for the futuristic requirements of the Navy with the sizeable increase in its fleet scheduled in the near future. This is the first time such an agreement has been signed between the Navy and CPT.

Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-

  • Cochin Port Trust Chairman- P.Raveendran.
  • Admiral Sunil Lanba is the present Chairman of Indian Navy.
Source- The Hindu