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Asia
People’s Tribunal to debate reality of Colombo Port City Project
Colombo: Transparency International Sri Lanka (TISL) has organised a People’s Tribunal in order to ascertain the reality and truth behind…
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Asia
Dredging Corporation of India to diversify into inland waterways, foreign markets
Visakhapatnam: Dredging Corporation of India (DCI) is seeking to diversify from its core dredging activity and become a nodal agency…
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Asia
Mercator looks to cost-cutting, vessel scrapping, to stay afloat
Mumbai: With dry bulk freight rates continuing to hit new lows on a daily basis, companies with diversified fleets are…
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Asia
Kerala state government pushes for cabotage relaxation for Vizhinjam
Cochin: The Indian central government has promised to consider the Kerala state government’s request that Vizhinjam port be granted cabotage…
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Asia
Pinto, Singhal resign from Essar Shipping board
Mumbai: Former Shipping Secretary Michael Pinto, who also served as Director-General of Shipping and chairman of Jawaharlal Nehru Port Trust,…
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Environment
New EU rules unlikely to stop shipbreaking on sub-continental beaches
Mumbai: The European Union (EU) has announced strict new rules on demolition of old vessels, which appear set to benefit…
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Asia
Bharati Shipyard on the brink, following winding-up petitions
Mumbai: India’s second largest private sector shipbuilder, Bharati Shipyard, is on the brink of closure, with the Bombay High Court…
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Asia
ABG Shipyard pins hopes on India’s richest man Shanghvi
Mumbai: Ailing shipbuilder ABG Shipyard, which has been on the lookout for some time for a strategic investor, is now…
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Asia
Revival of Irano-Hind Shipping could be symbiotic for both India and Iran
Mumbai: Following the signing of a nuclear accord between Iran and western super-powers on April 2, the decks have been…
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Asia
Anoop Sharma takes over as chief of Essar Shipping
Mumbai: Capt. Anoop Kumar Sharma has taken over as whole-time director and ceo of Essar Shipping, following the retirement of…
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Asia
Gammon Infra defaults due to Mumbai box terminal cost overrun
Mumbai: Gammon Infrastructure Projects (GIP) has defaulted on its loan obligations to lenders, due mainly to massive cost over-runs on…
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Asia
Indian government moves to give guaranteed business to local shipowners
New Delhi: In a bid to strengthen and promote the Indian shipping industry and ensure guaranteed business to local shipowners,…
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Asia
Former Sri Lankan President Rajapakse’s ‘extravagant’ port projects questioned
Colombo: Former Sri Lankan president Mahinda Rajapakse, who was voted out of office in January this year, is being confronted…
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Asia
India makes first crude oil purchase for strategic reserve
Mumbai: India has bought the first oil for its strategic petroleum reserve (SPR), in the form of a 2m barrel…
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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
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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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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