First Indian Maritime University In Chennai

First Indian Maritime University in Chennai 1 Jan 2009, 0339 hrs IST, TNN CHENNAI: A maritime academic institution, the Indian Maritime University, was inaugurated on Wednesday by chief minister M Karunanidhi. The university, the first of its kind in the country, is expected to play a vital role in producing professionals for the shipping industry. Situated on a sprawling sea side venue at Uthandi, on the East Coast Road in the city, the institution will begin its first academic year in June 2009. Union shipping minister, T R Baalu, who was also present on the occasion, said the university has tied up with Dalian Maritime University for MBA in port management, with Shanghai Maritime University and Antwerp University for MBA in international transportation and logistics management, with University of Malta for a degree in maritime law and with Delft University, Netherlands for a degree course in dredging. The IMU is the first-of-its-kind central university set up by the Department of Shipping through an Act of Parliament. Headquartered in Chennai, the university will have regional centres in Mumbai, Kolkata and Visakhapatnam. Though the country's exports and imports account for 24% and 29 % respectively in the GDP, it accounts for merely one per cent of the world maritime business. Speaking after laying the foundation stone, Karunanidhi used the opportunity to highlight the major projects and achievements of the UPA regime in the state. Thanking the UPA chairperson Sonia Gandhi and prime minister Manmohan Singh for agreeing to implement the Sethusamudram Ship Canal project, the DMK leader said he was ready to fight for the project, which is a dream of Tamils for over a century.

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