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Asia
Ambiguous licensing rules prevent expansion of Indian fleet
New Delhi: Indian shipowners have been unable to expand their fleets, even in the wake of the modified tonnage tax…
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Asia
Adani seek huge government grant for building Vizhinjam port
Thiruvananthapuram: Ahmedabad-based Adani Ports and Special Economic Zone Ltd (APSEZ), was the only one of five pre-qualified port operators to…
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Asia
Hiranandanis to set up floating LNG terminal in West Bengal
Mumbai: Real estate developer Hiranandani Group has decided to diversify into import and distribution of liquefied natural gas (LNG), and…
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Asia
Cochin Shipyard looks to set up shipbuilding unit in Kandla
Cochin: Cochin Shipyard Ltd (CSL) is exploring avenues for establishing a shipyard at Tuna Kandla port, in Gujarat. The Indian…
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Asia
Cabinet nod for India-Jordan maritime shipping pact
New Delhi: The Indian cabinet, chaired by Prime Minister Narendra Modi, has given the green light to a proposal to…
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Asia
Adanis in talks with Korean, Chinese banks to fund Queensland coal project
Ahmedabad: The Adani Group is understood to be in advanced talks with the Exim Bank of Korea and some Chinese…
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Asia
Scandal over new container terminal at Hambantota
Colombo: The Sri Lankan shipping industry is aghast at the news that not a single shipping line has as yet…
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Asia
Pak govt’s dawdling would allow Engro to encash bank guarantee on April 21
Islamabad: Engro Corporation has become eligible to encash on April 21 a $50m bank guarantee provided by gas utility Sui…
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Asia
Supreme Court puts Chennai port in the dock on dusty cargo
Chennai: The Chennai Port Trust (ChPT) has been directed by India’s Supreme Court to come up with a comprehensive proposal…
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Asia
New Delhi exempts vessel sharing pacts from ambit of competition watchdog
New Delhi: The Indian shipping industry has been spared an irritating bureaucratic procedure, with the Indian government exempting vessel sharing…
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Africa
ONGC, OIL and BPCL to invest $12bn in Mozambique gas field
Mumbai: Indian public sector enterprises Oil & Natural Gas Corporation (ONGC), Oil India Ltd (OIL) and refiner Bharat Petroleum Corporation…
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Asia
SCI puts its container division on six-month probation
Mumbai: Seriously concerned at the extremely low profits turned out by the container sector in its portfolio, Shipping Corporation of…
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Asia
ABG Shipyard to bring in equal partner by August
Mumbai: India’s largest private sector shipbuilder ABG Shipyard is in talks with local and overseas companies to divest 50% of…
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Asia
Indo-Bangla pact for moving foodgrains by inland waterways
New Delhi: India is to sign a long-term treaty with Dhaka for transporting foodgrains to its north-eastern states on a…
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Asia
Cochin Shipyard to build multipurpose vessels for offshore industry, Navy
Cochin: The Indian government owned Cochin Shipyard Ltd (CSL) is to construct multi-purpose vessels for the offshore industry as well…
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Asia
Global port operators reject Indian shipping ministry’s re-bid offer
New Delhi: The contentious issue of regulated port tariffs has once again come in the way of resolving the stand-off…
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Asia
Keld Pedersen takes over as MD of Gujarat Pipavav Port
Mumbai: Keld Pedersen will succeed Prakash Tulsiani as managing director of the APM Terminals (APMT) operated Gujarat Pipavav Port (GPPL),…
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Asia
AP Pollution Control Board to conduct public hearing on Vizag port projects
Visakhapatnam: The Andhra Pradesh Pollution Control Board is to conduct a public hearing today (Friday) in front of the administrative…
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Asia
Colombo Port City Project criticised at People’s Tribunal; resumption doubtful
Colombo: Environmentalists and members of the general public have panned the controversial China-funded Colombo Port City Project (CPCP) as one…
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Asia
ABG Shipyard’s creditors demand stake sale by promoters
Mumbai: Creditors of financially troubled shipbuilder ABG Shipyard have begun exerting intense pressure on the company’s promoters to offload a…
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