Funding woes of flagging ships

Indian lenders loath to bankroll vessels The Government has taken some key initiatives in a bid to promote a self-reliant India in shipping, but the financing of ships registered under the Indian flag remains

Jinx continues to haunt Ramayapatnam port

HYDERABAD: Ramayapatnam port continues to be jinxed with contractors shying away from taking up the job of constructing the port. This has forced the Andhra Pradesh government to postpone the tender thrice so far.