The central government has flagged off the inland ferry service from Baina to Panaji in Goa. The ferry service is expected to reduce the travel time from one hour by road to 20 minutes.
The Chennai Customs Zone has permitted 24×7 direct port entry (DPE)/direct port delivery (DPD) at the Container Corporation of India’s (CONCOR) Tondiarpet facility. CONCOR has requested traders to avail the 24×7 DPE/DPD facility at Tondiarpet […]
India Ports Global Private Limited (IPGPL) has ordered 14 rubber-tyred gantry cranes (RTGCs) worth $18 million from Finnish crane maker Cargotec OYJ, to be deployed at Chabahar port in Iran. Earlier, IPGPL had signed a […]
A joint venture (JV) of BPCL and HPCL has won the rights to develop and operate a liquid terminal of 3 mt capacity at Kamarajar port. The JV was awarded the project worth Rs 3.93 […]
As of March 31, 2018, the Indian shipping industry had a fleet of 1,382 vessels of 12.57 million gross tonnage (GT) and 19.08 million deadweight tonnage (DWT). Of the total vessels, 934 were coastal vessels […]
The Visakhapatnam Port Trust (VPT) has terminated the concession agreement with Adani Ports and Special Economic Zone Limited (APSEZL) for the Eastern Quay (EQ)-1 berth development project. Reportedly, the agreement has been cancelled due to […]
Construction work on the multi-user liquid terminal (MULT) jetty for unloading liquefied petroleum gas (LPG) at Cochin port has been completed. The jetty, which was developed at a cost of Rs 2.25 billion, is expected […]
The Shipping Corporation of India (SCI) has given physical delivery of its passenger vessel, M.V. Harshavardhana, to its buyer. Earlier this year, SCI sold its vessel, M.T. AK Azad, for further trading on an “as […]
Great Eastern Shipping Company Limited (GE Shipping) has signed a contract for the purchase of a 36,567 cubic metre vessel. The 1996-built vessel is expected to be added to GE Shipping’s fleet by the first […]
During fiscal year 2017-18, Indian major ports handled 679.36 million tonnes (mt) of traffic, compared to 648.4 mt in 2016-17, registering an increase of 4.77 per cent. Deendayal port (erstwhile Kandla port) handled the maximum […]
The Saudi Arabian Oil Company (Saudi Aramco) will partner with a consortium of Indian state-run refiners to set up the world’s largest refinery and petrochemical complex at Ratnagiri in Maharashtra at an investment of $44 […]
Reliance Industries Limited (RIL) has been asked by the Directorate General of Hydrocarbons to relinquish the D6 and D19 deep sea satellite gas discoveries in the KG-D6 block. The decision was taken after RIL informed […]
The Oil and Natural Gas Corporation (ONGC) has started spudding the first of the 34 wells at its $5.07 billion KG basin oil and gas project. Of the 34 wells, 15 are oil producing, 8 […]
The PNGRB announced new bidding parameters for obtaining a licence to retail compressed natural gas (CNG) and piped natural gas (PNG) in cities. As per the new regulations, the future auctions will be conducted by […]
The sale of Bharat Stage-VI (BS-VI) grade fuel started in Delhi on April 1, 2018, at 391 filling stations. India is skipping two levels to move directly from BS-IV to BS-VI grade fuel. The new […]
India received its first liquefied natural gas (LNG) cargo shipment from the US on March 30, 2018, under a long-term supply deal. A charter ship, MV Meridian Spirit, carrying LNG from Louisiana arrived at Dabhol, […]
IMC Limited has received permission from the PNGRB to lay a natural gas pipeline from Kakinada in Andhra Pradesh to Nellore in Tamil Nadu. The 522 km long pipeline will have a capacity of 18 […]
The Gujarat State Petroleum Corporation (GSPC) sold a 28.4 per cent stake in Gujarat Gas Limited (GGL) to its subsidiary Gujarat State Petronet Limited (GSPL) by way of an inter se transfer of shares. With […]
Indian Oil Corporation Limited (IOCL) will invest $3.5 billion in 2018-19 to expand and upgrade its refineries and boost its marketing network. This will be about 20 per cent more than its investment plans for […]
The Punjab cabinet on March 21, 2018 approved the policy guidelines to facilitate the laying of gas pipelines across the state. The policy has been drafted after consulting Gujarat’s policy as suggested by the PNGRB. […]
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