Aban Offshore's joint venture, Venture Drilling, decided to redeliver its idle drillship Deep Venture so that it may reduce the maintenance cost on it and benefit from the resultant cash flow.
Category: Ports & Shipping
Post
Post
Centre mulls OVER terminal
The government plans to build a mega container terminal that can handle four million twenty feet equivalent units (TEUs) of containers per annum at Chennai.
Post
River sea: Seamless navigation
River-sea shipping is non-existent in India despite a change in the MS Act to that effect two years back. Captain Philip Mathew explains why seamless navigation between sea and rivers has a transformational capability.
Post
Expertspeak: The case of the missing treasure map
Has the map gone missing? The targets that the MA 2020 has set are aggressive, but a sense of realism does not set in when a commendable effort to define the 'what' is not followed by a systematic 'how-to'.
Post
Revamp of Kochi port stalled
Cochin Port Trust’s propoÂsed projects have been facing clearance issues from the Navy with respect to the height of the proposed installations in the flying funnel area in Willingdon Island.
Post
The coast is closer now
The Coastal Regulation Zone’s latest amendment is mired in controversy. On one hand, many sections of the industry, especially the builder lobby are terming it progressive.
Post
Terminal at Chennai port receives clearance
The Private Public PartnerÂship Advisory Committee (PPPAC) has given its clearance to the Rs 3,686 crore mega container terminal at the Chennai port, thus paving the way for the issue of request for proposal (RFP) for the project.
Post
Shipping Minister allays Orissa government's fear
Union Minister of Shipping GK Vasan stated that the KoPT limits were extended for providing transloading facilities at the Kolkata Port.
Post
Maritime Agenda 2020 unveiled
The government unveiled the Rs 500,000 crore Maritime Agenda 2020 involving expanding port handling capacity of the country to three billion tonne from the existing 617 million tonne (mt) along with various policy reforms in the shipping and ports sector.
Post
Ministry proposes SPV on the lines of DP World, PSA
The shipping ministry has proposed to set up a new special purpose vehicle–Indian Ports Global–that would invest in ports abroad and become a global power in the port sector, worldwide.