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Sunk Chinese cargo ship traced near Sagar Island

Sunk Chinese cargo ship traced near Sagar Island

The Kolkata Port Trust (KoPT) on October 15 traced the wreck of the Chinese-owned Panama-flag freighter MV Bingo, which sank nearly 22 nautical miles south of Sagar Island on October 12 night. Owners of the ship have been directed to salvage the wreck as it is in the navigation channel used by ships moving to and from the ports of Kolkata and Haldia.

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Ten major firms race to build 3,300-km freight corridor

Ten major firms race to build 3,300-km freight corridor

For the 3,300-km Dedicated Freight Corridor (DFC) project, Indian and global construction companies are vying for around Rs 12,000 crore worth of civil works for two stretches. Among these are not only the Tatas, Essar and IVRCL Infrastructures Projects Ltd, but also Chinese, Russian and Spanish firms. The eastern corridor of the DFC is from Ludhiana to Dankuni (West Bengal). The western one is from Dadri, close to Delhi, till Navi Mumbai.