The MoU was signed by The Institute’s Sean Walsh and the IMU’s Vice Chancellor K Ashok Vardhan Shetty during the Indian Maritime Summit, which was opened and attended by the Prime Minister of India, Shri Narendra Modi.
The summit is the inaugural flagship initiative of the Ministry of Shipping of the Government of India and aims to provide a platform for companies, institutions and education to explore the potential business and growth opportunities in India’s maritime sector.
Institute of Chartered Shipbrokers director, Julie Lithgow, said: “The Institute is delighted to sign this MoU with a first class partner in education in a country that is committed to expanding its maritime education and skills base. The market for potential maritime educational growth in India is enormous with over 150 maritime sector projects currently committed to be developed by the Indian government. This co-operation among educational leaders will make significant and powerful impact on young people in India wanting to build their careers in the shipping sector.”
The IMU is the only central university of its kind in India dealing with exclusively maritime disciplines. It was founded by Act of Parliament in 2008 to act as a leader in the development of training and human resources in the Indian maritime sector.
Shetty said: "The Indian Maritime University is pleased to sign this MoU with the Institute of Chartered Shipbrokers, whose professional qualifications cover the full spectrum of shipping commercial activity and whose members and fellows occupy executive positions in the maritime industry with very high professional standards. The MoU will promote academic and educational co-operation and mutual understanding between the two educational leaders on a basis of equality and reciprocity.”
Earlier this year, the Institute signed agreements that will see its London-based exams hosted by the UK Chamber of Shipping and has also been recognised as strategic partner by China’s Ministry of Transport and the Shanghai International Shipping Centre.