India
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Asia
MMB, JNPT form joint venture to develop Wadhwan port
Mumbai: The Maharashtra Maritime Board (MMB) has joined hands with India’s top container port, Jawaharlal Nehru Port (JNPT), in a…
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Asia
Big dip in iron ore imports affects Indian ports
New Delhi: A drop of 75% in iron ore imports, followed by a 25% dip in fertilisers, has drastically impacted…
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Asia
Reliance starts fresh drilling in KG-D6 offshore block
Mumbai: Reliance Industries (RIL) and its foreign partners BP and Niko Resources have commenced fresh drilling at the D1 and…
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Asia
‘Bad loan’ tag increases pressure on ABG Shipyard
Mumbai: India’s largest private sector shipbuilder, ABG Shipyard, has missed loan repayments to some lender banks, which have classified the…
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Asia
Essar Ports takes over iron ore-handling complex at Visakhapatnam port
Mumbai: Essar Ports (EPL) has taken over the iron ore handling complex at Visakhapatnam port on a 30-year build-operate-transfer lease.…
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Asia
15 gas-based power plants win subsidy to import LNG
New Delhi: At the conclusion of the first phase of bidding under the new gas mechanism formulated to bail out…
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Asia
India’s domestic gas output to rise 52% in next three years
Mumbai: India’s natural gas production from hydrocarbon resources is expected to rise 52% in the next three years, outstripping the…
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Asia
Kochi port plans SEZ to push bunker business
Kochi: Leveraging its locational advantage on the international sea route, Kochi port is emerging as India’s top outlet for bunker…
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Asia
Indian government awarded 10 port projects worth $1.47bn in 2014-15
New Delhi: The Indian government awarded 10 port projects worth INR93.76bn ($1.47bn) under the public private partnership (PPP) model during…
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Asia
Larsen & Toubro signs LNG shipbuilding pact with Hyundai Heavy Industries
Mumbai: Engineering and shipping major Larsen & Toubro (L&T) has signed a crucial technology transfer agreement with South Korea’s Hyundai…
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Asia
GAIL looks to buy Dabhol LNG terminal
Mumbai: State-owned GAIL India Ltd has put in a bid of INR24bn ($375m) to buy the 5m tonnes per annum…
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Asia
Cochin Shipyard boss calls for tax cuts at Indian shipyards
Kochi: Cochin Shipyard chairman, Commodore K Subramanian (Retd), has decried the hefty tax regime on shipyards and their ancillaries, that…
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Asia
ONGC seeks to step up output from western offshore fields
Mumbai: Explorer-producer Oil & Natural Gas Corporation (ONGC) is to invest INR250bn ($3.91bn) in its western offshore fields, stretching from…
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Asia
Richard Branson to oppose Adani in Australia coal project
Mumbai: Flamboyant billionaire Richard Branson, promoter of the Virgin group of companies, has displayed his new feathers as an environmental…
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Asia
Adani Group’s Vizhinjam port bid ratified by state review panel
Thiruvananthapuram: An empowered committee headed by the Kerala state Chief Secretary has recommended to the state cabinet the lone bid…
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Asia
Naveen Jindal summoned to court as coal fraud case hots up
New Delhi: Industrialist and senior Congress leader Naveen Jindal and 14 others have been summoned to court on May 22 in…
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Asia
Shipping ministry to sign funding deal for major Indian port projects
New Delhi: India’s Shipping ministry is on the point of signing an agreement with India Infrastructure Finance Company (IIFCL) that…
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Asia
Petronet LNG feels the heat of lower gas prices
New Delhi: Indian public sector gas importer Petronet LNG is feeling the heat of prevalent lower gas prices, leading to…
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Asia
India’s Inland Waterways Bill moved in parliament
New Delhi: The Bill to convert 101 rivers across India into waterways was tabled in the Lok Sabha, India’s Lower…
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Dry Cargo
16 crew repatriated after five months stranded in Bahraini waters
Dubai: A total of 16 crewmembers – 14 Indian and two from Myanmar – finally left Bahrain overnight after a…
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