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Bailout or sell-out

Bailout or sell-out

The dance of democracy will unfold soon, as the poll dates have been announced. While the political fraternity gets down to the poll mathematics, the entire nation awaits the results with a hope of a stable government that can push growth volumes.

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Chemoil Adani interested to develop bunkering facility

Chemoil Adani interested to develop bunkering facility

To develop a bunkering facility at Chennai port, Chemoil Adani, a joint venture between Chemoil and Adani, has expressed its keen interest. The Indian Oil Corporation is the only supplier of bunker – fuel oil used aboard ships – in Chennai. Mundra, Colombo and Kochi ports have developed bunkering facility. The Kandla port has also taken initiative to improve this facility, say media reports.

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Five bidders vie for JNPTs liquid terminal

Five bidders vie for JNPTs liquid terminal

For constructing Rs 1,800-crore liquid terminal for the Jawaharlal Nehru Port Trust (JNPT) in Mumbai, five companies, including Adani Ports and United Liner Agencies (ULA), have shown interest. Apart from ULA and Adani, Aegis Logistics, IMC and Netherlands's Vopak are expected to submit their applications on October 21, which is the deadline, the JNPT has said.

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