* Memorandum Of Agreement between I C A R - Central Institute Of Fisheries Technology [C I F T] & Kerala Watersports & Sailing Organization [K W S O] been signed upon 08th August, 2019.
* A venture based on the Principles of United Nations in Conservation of Natural Resources and Optimum use of Energy.
* Construction of the "Sea - Going Sailing Vessel" is on progress in Ernakulam, Kerala.
- The Laying of Keel is been placed in - tact.
- The Planking is on progress.
- The Structuring of Deck is pending.
- Fibre Glass is to be done at last.
* The Date & Venue Of Launching of the Vessel is yet to be finalized.