Second Chinese vessel successfully docks at Vizhinjam Port with crucial equipment for international deep-sea facility
THIRUVANANTHAPURAM : A second Chinese vessel carrying a ship-to-shore crane for the international deep-sea facility at Vizhinjam here docked at the port on Monday, sources at the port said. The ship, Zhen Hua 29,
Russia and India sign deal on supply, production of Igla air defence systems
NEW DELHI : Russia has signed an agreement with India to supply its Igla hand-held anti-aircraft missile to the country. According to the pact, Russia will also allow domestic production of the Igla anti-aircraft missile system in India,
Greek owner to sell all container ships, spend $3B on LNG tankers
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which is the best segment to own?
Canada’s Davie Shipbuilding acquires assets of Helsinki Shipyard
LEVIS : Davie Shipbuilding, Canada’s largest shipbuilder and partner in the country’s National Shipbuilding Strategy, has successfully completed the acquisition of assets belonging to Finland’s Helsinki Shipyard Oy, the world’s leading builder of icebreakers
Rs 75,000 Crore Vadhavan Port, set to reshape Maharashtra’s Maritime landscape
MUMBAI : The proposed Rs 75,000 crore container port project at Vadhavan in Maharashtra is a nationally important project, Jawaharlal Nehru Port Authority (JNPA) chairperson Shri Sanjay Sethi said last week. “The development of
Adani Group eyeing opportunities in neighbouring countries after Sri Lanka port, says Karan Adani
COLOMBO : Days after announcing a significant $553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Mr. Karan Adani, CEO of Adani Group told reporters that Adani Ports is eyeing
GAIL does world’s first ship-to-ship LNG transfer; cuts CO2 emissions
NEW DELHI : India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot
ONGC to start oil production from $5 billion deep-water project this month
NEW DELHI : Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of
