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Asia
Reliance-BP in race for Mumbai LNG terminal
Mumbai: India Gas Solutions, a 50:50 partnership between Mukesh Ambani’s Reliance Industries and BP, is in a four-cornered contest to…
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Asia
Naveen Jindal on tenterhooks in coal mine scam
New Delhi: On Monday, June 1, industrialist-politician Naveen Jindal will get to know whether he will have to exchange his…
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Asia
Indian govt shoots down Cairn India’s crude oil export proposal
New Delhi: India’s Petroleum ministry has shot down a proposal from Cairn India to export crude oil from its Barmer…
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Asia
Japanese banks to support India’s coal-based power plants
Mumbai: Dry bulk shipping, by way of coking and thermal coal imports into power-starved India, will receive a much-needed fillip…
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Asia
Greatship boss warns of ‘offshore bloodbath’
Mumbai: Greatship Ltd, the offshore subsidiary of India’s largest private sector shipowner Great Eastern Shipping, has started active marketing for…
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Asia
Adani Enterprises ports businesses to merge
Mumbai: The Adani Group is to split its two main businesses into distinct, separate arms, with all its ports business…
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Asia
DP World refuses audit of Vallarpadam box terminal
Kochi: Global ports operator DP World has turned down the Indian government’s demand to carry out a performance audit by…
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Asia
Adani claims to have buyers for 70% of its Australia coal
Mumbai: Despite attracting widespread opposition from environmentalists over its coal mining activities in Australia, India’s Adani Mining claims to have…
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Asia
Shipping Corporation of India to review useful life of vessels
Mumbai: Government-owned Shipping Corporation of India (SCI) is to review the useful life of its vessels at a meeting of…
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Asia
Chinese consortium to set up units at Kakinada port SEZ
New Delhi: Kakinada SEZ (special economic zone), a subsidiary of GMR Infrastructure, has signed a deal with Guizhou International Investment…
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Asia
Edelweiss ARC appeals Bombay High Court ruling on Bharati Shipyard
Mumbai: Worried that its attempts to recovery money from cash-strapped Bharati Shipyard may be jeopardised, Edelweiss Asset Reconstruction Company (ARC)…
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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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