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Mercator gives tanker to ferry Iranian oil

Mercator gives tanker to ferry Iranian oil

Mumbai-based Indian shipper Mercator gave a crude oil tanker to the National Iranian Tanker Company (NITC) for carrying crude oil from the gulf country to India in December. This is the first time that the Iranian firm chartered an Indian vessel covered under an insurance scheme arranged by New Delhi through state-run insurers, rep

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Goa govt directs barge owners to cover vessel

Goa govt directs barge owners to cover vessel

Goa government directed all barge owners or masters to cover their vessels which are carrying or transporting coal or cargo through inland waterways of Goa. The state government asked barge owners or masters to cover their vessels with tarpaulin in order to mitigate air pollution that may be caused by the cargo

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Kochi metro plans SPV for transport project

Kochi metro plans SPV for transport project

In order to facilitate coordinated planning and implementation of the cityÂ’s transportation network, Kochi Metro Rail (KMRL) plans to set up a special purpose vehicle. The SPV, which would be set up under the aegis of the Unified Metropolitan Authority, would focus on the development of Kochi city's waterways, which will be integ

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Till December, freight loading of SER rose 4.56%

Till December, freight loading of SER rose 4.56%

During the April -December 2012-13, freight loading by South Eastern Railway (SER) rose 4.56 percent to 92.16 million tonne (mn t) as against 88.14 mn t during the year-ago period. Till December 2012, the performance of SER surpassed the target laid down by Railway Board. The divis

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Kattupalli port carries out trial run

Kattupalli port carries out trial run

A trial run of a container vessel at Kattupalli Port went as per plan and without any hitch. Following this, the port is ready to handle more container ships, reports indicate. The container vessel Maersk Dalton completed the maiden trial run between the Chennai Port Trust and Kattupalli Port. During the trial run, officials tested the syste

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India, China to contribute considerably to rise in oil demand

India, China to contribute considerably to rise in oil demand

Prime Minister Manmohan Singh remarked that India and China may account for a major part of the increase in global demand for crude oil. He said this at the launch function of National Electric Mobility Mission Plan 2020. In order to reduce transport sector's dependence on oil, Singh emphasised on the need for development of el

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DGS says financially strained Pratibha may trim fleet size

DGS says financially strained Pratibha may trim fleet size

Citing financial difficulties, shipping firm Pratibha Shipping considers to reduce its fleet size. According to the Directorate General of Shipping (DGS), as part of the plan, the company, which owns nine oil tankers, plans either to sell or scrap five vessels. The company anchored a total of three vessels — Koyna at a port in Bahrain, and Chandrabhaga and Narmada in Chinese shipyards in foreign shores, with owne

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J&K govt mulls ordinance to begin pipeline project

J&K govt mulls ordinance to begin pipeline project

According to media reports, the Jammu and Kashmir government plans to introduce an ordinance for beginning work on the Bhatinda-Jammu-Srinagar gas pipeline project. It may be noted that the Gujarat State Petronet (GSPL), a subsidiary of Gujarat government, secured the

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Kochi metro rail project to be executed by DMRC

Kochi metro rail project to be executed by DMRC

Union urban development minister Kamal Nath informed media persons that Delhi Metro Rail Corporation (DMRC) would have the full responsibility of executing the Kochi metro rail project, including inviting global tender and technical support. This was decided at the high-level meeting of key officials from DMRC, Kochi Metro Rail, Kerala gove