The government is working on creating domestic capacity for the equipments being imported in the country, said Sunil Barthwal, Joint Secretary, Ministry of Steel at an ASSOCHAM event held in New Delhi today.
The Union Steel Ministry controlled MSTC has proposed to set up an integrated ship recycling yard under the public- private partnership (PPP) at Alang in Gujarat. MSTC said that the project can bring in substantial revenue for the government in the form of taxes and levies on the real value of goods as recorded in the e-commerce transactions.
Media reports suggest that public sector trading firm MSTC plans to set up a automotive and white goods steel scrap shredding unit in Dahej at a cost of Rs 120 crore. The plant, to be located at Dahej, may be operationalised in the first half of 2013-14. For installing the unit, to be built on a 20-acre plot, selection of an EPC contractor would be done through a global tendering
Officials of Chennai Port Trust (ChPT) asked Director General of Shipping, Gautam Chatterjee to devise some sort of policy for sailors in distress and a redress mechanism to help those stuck in stranded vessels. Since October 2012, over 55 sailors are stranded in two vessels â€“ Pratibha Cauvery and Pratibha Warna â€“ and their salaries have not been paid since July 2012
Chennai Port Trust (ChPT) said it would allow the vessel MT Pratibha Cauvery to be berthed at the port provided the owners paid the requisite berthing charges and got the documents validated. The ship, which lost both of its anchors on October 31 owing to gusty winds caused by cyclone Nilam, is currently being held in outer anchorage by a tow