HPCL buys out Shapoorji Pallonji stake in joint venture LNG terminal
MUMBAI : Hindustan Petroleum Corporation Ltd (HPCL) has acquired the 50 per cent stake it does not already own in HPCL Shapoorji Energy Private Limited (HSEPL), from SP Ports Private Limited, as the financially-stressed
MSC ship suffers severe gash while berthing in Turkey
ISTANBUL : The 19,224 TEUs MSC Tina suffered a nasty allision with a pier in Turkey on Saturday. The 398.5m long ship has a sizeable gash along its port side while the pier at Ambarli Port
Wan Hai Lines Confirmed Orders For 5 New Container Vessels
TAIPEI : As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 5 new container vessels with HHI (Hyundai Heavy Industries). The contract signing ceremony was held at
Breaking : EVER GIVEN ship mostly freed in the Suez Canal, authority confirms
CAIRO, EGYPT : The EVER GIVEN container ship which was stucked in the Suez Canal since last Tuesday has been successfully refloated after being stranded in the Suez Canal for almost a week,authorities say, following an
We’ve made friends with it already’: Villagers on ship blocking Suez Canal
Since the the Ever Given grounding last week brought one of the world’s busiest trade routes to a halt, residents have had rare front-row seats to an event whose outcome is key to the
Video shows tug boats honking in celebration as they moved the lodged Suez Canal ship by 2 inches
Fourteen tug boats honked in celebration after moving the lodged Suez Canal ship by two inches.Officials said they are hopeful the ship will refloat after water started running underneath it.The ship has been blocking
Suez Canal container ship partly refloated, authorities line up plans to clear traffic jam, says letter
The mega container Ever Given got wedged on March 23 in a single-lane stretch of the canal near the city of Suez, about 6 kilometres north of the southern entrance of the canal. In
PPP route for dedicated freight corridors hits funding model roadblock
Inter-ministerial deliberation between NITI Aayog, Ministry of Finance and Ministry of Railways on the funding model for freight corridor PPP and freight asset monetisation has been inconclusive Government’s plan to develop dedicated railway freight