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Implications on infrastructure

Implications on infrastructure

The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.

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Dredging: Opportunities & Challenges

Dredging: Opportunities & Challenges

The world population depends heavily on dredging solutions for global trade, coastal defence, urban development, energy supplies, and leisure or tourism. Dredging is an indicator of the development of the coastal states and such sustained development is essential for the social and economic development of the country.

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Essar terminal at Paradip gets land

Essar terminal at Paradip gets land

The Odisha Industrial Infrastructure Development Corporation (IDCO) has initiated the process to handover land identified for a coal terminal of Essar Steel at Paradip after getting green signal from the government.

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Tata Steel uses waterways

Tata Steel uses waterways

Tata Steel will start using coastal and inland waterways in India to transport raw material to its factories and finished goods along the coastline, as it looks at saving on freight and energy costs.

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SCI eyes inland waterways business

SCI eyes inland waterways business

The Shipping Corporation of India (SCI) is also evaluating prospects of entering inland waterways as the bulk cargo movement beginning through inland waterways from Haldia again after decades. SCI sources said that it is evaluating and keeping a close watch on the business prospects of inland waterways.

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River operating ships allowed in sea-waters to up trade

River operating ships allowed in sea-waters to up trade

The Union Ministry of Shipping has issued an order to facilitate trade using inland waterways and mercantile marine activity along coasts. The Directorate General of Shipping (DGS) has issued an order declaring waters inward of the baseline, as per the notification under Maritime Zone Act, as 'Inland Waters'.

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Govt issues GO facilitating mercantile marine activity

Govt issues GO facilitating mercantile marine activity

The Union Ministry of Shipping has issued an order to facilitate trade using inland waterways and mercantile marine activity along coasts. The Directorate General of Shipping (DGS) has issued an order declaring waters inward of the baseline, as per the notification under Maritime Zone Act, as 'Inland Waters'.

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India signs pact with Vietnam on cooperation in maritime sector

India signs pact with Vietnam on cooperation in maritime sector

Recently, union shipping Minister GK Vasan signed an agreement with his counterpart in Vietnam for strengthening cooperation in the maritime sector between both the countries. Vasan signed the pact with Minister of Transport of the Socialist Republic of Vietnam Dinh La Thang during the former's six-day visit to the country