India
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Asia
Indian shipping to be given more importance: Gadkari
New Delhi: India’s Road Transport, Highways and Shipping minister Nitin Gadkari claims to have persuaded the BJP-led National Democratic Alliance…
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Asia
Scrap prices improve, more capesize demolitions on the horizon
London: Scrap prices have turned a corner and are up by around $20/LDT as local steel plate prices improve and…
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Asia
Jawaharlal Nehru Port Trust goes offshore to raise funds
Mumbai: India’s No.1 container gateway, Jawaharlal Nehru Port Trust (JNPT), has decided to leverage its dollar-denominated income to raise overseas…
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Asia
GSPC, Petronet, GAIL to gain from new LNG policy
New Delhi: Gujarat State Petronet Ltd (GSPL) has been thought to be the biggest gainer from the Indian cabinet’s new…
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Asia
India’s Shipping Ministry questions relevance of tariff regulator
New Delhi: Concerned about the steadily rising share of non-major and private ports in India’s export-import cargo, the Shipping ministry…
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Africa
Reliance ups India’s reliance on West African crude imports
London: VLCC fixtures reveal that India is turning away from the Middle East Gulf (MEG) as a source for its…
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Asia
Posco likely to withdraw from $12bn Indian steel complex
Paradip (Odisha): Almost exactly a decade after South Korea’s Pohang Steel Company (Posco) signed a memorandum of understanding with the…
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Asia
Cabinet gives green light to convert 101 rivers into inland waterways
New Delhi: The Indian government, which has been deplorably slow in harnessing the transportation power of the country’s rivers, finally…
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Asia
Petronet LNG’s Kochi terminal heavily under-utilised
Cochin: The 5m tonnes per annum (tpa) Puthuvypeen terminal of Indian gas importer Petronet LNG continues to lie severely under-utilised…
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Asia
Swiber scores big in India again
Singapore: Offshore support services firm Swiber Holdings has announced a host of contract wins to a value of $405.6m, the…
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Asia
India to procure ice-breaking polar research vessel
Vasco-da-Gama (Goa): India’s scientific expeditions in the polar region will get a boost with the Ministry of Earth Sciences deciding…
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Asia
Shreyas to take fleet into double-digit territory
Mumbai: The board of Shreyas Shipping & Logistics, the Indian container feeder operator, has approved a plan to acquire four…
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Asia
Indian banks, fearing OFAC backlash, shy away from transactions involving Iranian ports
Mumbai: Indian banks have started declining exporters’ requests to process transactions requiring Iranian port services, fearing action from the Office of…
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Containers
Doha – Mumbai link created
Doha: Milaha Maritime & Logistics, a subsidiary of the Qatar-based Milaha Group, has launched the first direct container service between…
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Asia
New Delhi increases number of gateways for import of new vehicles
New Delhi: In a move that would help in reducing pressure on ports and transaction costs of companies, the Indian…
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Asia
New legislation planned to replace old laws on ports
New Delhi: The Indian government is working on new legislation to replace outdated laws relating to ports, as part of…
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Asia
India to build five mega reserves of crude oil
New Delhi: The Indian government is expected to rope in private refiners and state firms from West Asia to build…
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Asia
New Delhi to request Dhaka for use of Chittagong port for grain transportation
New Delhi: The Indian Food Ministry, which has been concerned with the absence of adequate infrastructure at Ashuganj port on…
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Asia
Cochin Shipyard signs LNG technology transfer deal with Samsung Heavy
Cochin: Government owned Cochin Shipyard has become the second Indian shipbuilder to seal a transfer of technology deal with a…
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Asia
Impounded Russian vessel released after payment of bond
Mumbai: A Russian cargo vessel, which had been detained by the Indian Coast Guard in the wake of a directive…
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