Garden Reach Shipbuilders and Engineers Limited (GRSE) delivered its 100th warship, IN LCU L-56, a landing craft utility, to the Indian Navy on March 30, 2019. The vessel is the sixth of the order of […]
The Shipping Corporation of India has awarded a five-year contract for providing emergency response services (ERS) for 33 vessels to the Indian Register of Shipping. The classification society’s ERS is aimed at providing round-the-clock technical […]
As of March 31, 2019, the Indian shipping industry had a fleet of 1,405 vessels of 12.78 million GT and 19.38 million deadweight tonnage (DWT). Of the vessels, 947 were coastal vessels with a tonnage […]
The Delhi High Court has put a stay on the Ministry of Shipping’s (MoS) policy change granting top preference to Indian-built ships for carrying cargo or providing other services such as dredging and offshore oil […]
In a major development, Adani Ports and Special Economic Zone Limited (APSEZL), the country’s largest private port operator, registered cargo movement of more than 200 mt during 2018-19. With this, APSEZL became the first Indian […]
The Chennai Port Trust has issued a letter of acceptance to Dredging Corporation of India Limited for capital dredging alongside Jawahar Dock (JD) 4 and 6 and JD west berths for deepening up to 14 […]
The governments of India and Indonesia are jointly developing Sabang port in Indonesia, close to the Andaman & Nicobar Islands. The deep-sea port is expected to give India access to Southeast Asia and will be […]
The Goa State Pollution Control Board has renewed the “consent to operate” given to South West Port Limited for handling coal, limestone and steel at Mormugao port. The consent has been provided to handle coal […]
The Ministry of Commerce has extended the deadline for the installation of radiation monitors and container scanners at 14 ports to June 30, 2019. The 14 ports include JNPT, Deendayal port, Mumbai port, V.O. Chidambaranar […]
During fiscal year 2018-19, Indian major ports handled 699.05 million tonnes (mt) of traffic, as compared to 679.37 mt in 2017-18, registering an increase of 2.9 per cent. Deendayal port (erstwhile Kandla port) handled the […]
The US is likely to extend the sanction waiver for India. The sanction waiver extension will let the country continue buying Iranian oil as the existing sanction waiver expires in May 2019. In November 2018, […]
Ethanol blending with petrol is estimated to reach 7.2 per cent in the 2018-19 marketing year (December 2018 to November 2019) as against 4.22 per cent in the 2017-18 marketing year. Against a requirement of […]
Supply of Euro-VI grade petrol and diesel has commenced in cities adjoining Delhi. In April 2018, Delhi became the first city in the country to shift from Euro-IV grade petrol and diesel to Euro-VI grade. […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has scrapped its plan to force liquefied natural gas (LNG) terminals in the country to reserve a share of their capacity for common use after the move […]
Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited and GAIL (India) Limited have exceeded their capital expenditure targets for 2018-19 owing to heavy expenditures on refinery upgrades, pipelines and marketing infrastructure. […]
The Visakhapatnam Port Trust (VPT) has extended the existing rebates on vessel-related charges till March 31, 2020. VPT has extended 50 per cent rebate for a period of one year on port dues and pilotage […]
The government has extended the bid due date for the second round of auctions of 14 oil and gas blocks under the Open Acreage Licensing Policy (OALP) from April 10, 2019 to May 15, 2019. […]
Despite the development of alternative modes of transportation, IR remains the key player in India’s transport and logistics sector. It performs two key roles. It has the crucial economic task of transporting freight and passengers […]
As many as four firms – Etihad Airways PJSC, National Investment and Infrastructure Fund, TPG Capital and Indigo Partners – have submitted expressions of interest (EoIs) for picking up equity stake in cash-strapped Jet Airways. […]
Flight operations from Jharsuguda airport in Odisha (under the RCS) finally commenced on March 31, 2019 after a long delay. The maiden flight was operated from Hyderabad which recorded about 95 per cent capacity utilisation. […]
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