Kerala Shipping and Inland Navigation Corporation (KSINC) has tied up with U.S. firm EMCC International India Pvt Ltd to set up a deep sea fishing project. According to the MoU signed between them, advanced fishing trawlers will be built in Kerala under EMCC guidance. A new harbour for the trawlers is also being considered.
According to sources, allied infrastructure is also being planned and a trawler will be donated to CMFRI free of cost for research purpose. Around 200 trawlers are likely to be built under the agreement.