India's largest buyer of liquid gas Petronet LNG Ltd has hired a fourth LNG ship from a consortium of State-owned Shipping Corporation of India (SCI) and Japanese lines for $75,000-$80,000 per day.
Category: Ports & Shipping
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Spain to provide tech to India for ship building
With its transfer of technology Spain is offering aid to build ships and submarines for the Indian Navy in India. Spanish Ambassador Gustavo de Aristegui recently said this in Panaji.
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Vasan launches inland cargo shipping at Kolkatta
Union Shipping Minister GK Vasan launched the bulk movement of coal through the national waterways recently. The shipment included the 2,100 DWT coal barges of Jindal ITF Ltd on the Ganga-Bhagirathi-Hooghly River System - National Waterways -1.
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Canada’s Caisse De Depot eyes India for investment
For its long-term core infrastructure sector investments, Quebec-based company Caisse De Depot has preferred India over China. With an eye on capturing the growth in Asia-Pacific markets like India, Caisse De Depot et Placement du Quebec announced a nearly billion-dollar investment in the Brisbane port in Australia.
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Govt awards 13 port projects worth Rs 5,515 cr
During April-November period, the Union Shipping Ministry has awarded Rs 5,515 crore worth 80 million tonne projects. The awarded projects are more than 70 per cent of the 114 mt awarded last year at an investment of Rs 5, 515 crore, say media reports.
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Chennai port opens parking yard to ease traffic jams
To ease traffic congestion of container-laden vehicles going to the Chennai harbour, the
Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
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TPG stake in Karaikal Port
Private equity firm TPG Capital India is set to buy a majority stake in Karaikal Port. TPG has entered into a so-called exclusivity agreement with the port and will invest at least Rs 1,000 crore to acquire stake from existing investors and promoters. Reports say that the project is expected to be completed by 2018.
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Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
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Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
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Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.