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Search Keyword: Shipping

Adani to develop container terminal at Colombo port
Web Exclusive
  Mar 04, 2021

Adani to develop container terminal at Colombo port

APSEZ will develop the WCT at the Colombo Port in a JV with Japan

Govt to invite pvt investment in 400 ports worth Rs 2 lakh cr
Web Exclusive
  Mar 02, 2021

Govt to invite pvt investment in 400 ports worth Rs 2 lakh cr

The govt has identified 400 ports and shipping projects for private sector investment

Parliament passes landmark Major Port Authorities Bill, 2020
Web Exclusive
  Feb 10, 2021

Parliament passes landmark Major Port Authorities Bill, 2020

The Parliament has passed the Major Port Authorities Act, 2021. The bill was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping & Waterways in Rajya Sabha on Wednesday and it was passed.

New Dredging Corp. chairman takes charge
Web Exclusive
  Dec 22, 2020

New Dredging Corp. chairman takes charge

K Rama Mohana Rao has taken charge as Director & Chairman of Dredging Corp. of India Ltd (DCIL). This is in addition to his present post of Chairman, Visakhapatnam Port Trust.

MoPSW identifies 4 international destinations for RO-RO, RO-PAX & ferry services
Web Exclusive
  Dec 21, 2020

MoPSW identifies 4 international destinations for RO-RO, RO-PAX & ferry services

The Ministry of Ports, Shipping and Waterways (MoPSW) has identified 13 domestic locations to connect four international destinations in Bangladesh, East Africa and Sri Lanka.

Ministry of Ports, Shipping and Waterways releases draft technical specifications for floating structures
Web Exclusive
  Dec 07, 2020

Ministry of Ports, Shipping and Waterways releases draft technical specifications for floating structures

The Union Ministry of Ports, Shipping and Waterways has compiled the draft guidelines for technical specifications of floating structures, with a vision to set up and deploy world-class floating infrastructure all along the coastline and issued the same for public consultation

RBI keeps key rates unchanged amid inflationary concerns
Web Exclusive
  Dec 04, 2020

RBI keeps key rates unchanged amid inflationary concerns

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remained unchanged at 4.25 per cent, while the reverse repo rate too remained unchanged at 3.35 per cent.

Ministry of Shipping is now Ministry of Ports, Shipping and Waterways
Web Exclusive
  Nov 09, 2020

Ministry of Shipping is now Ministry of Ports, Shipping and Waterways

Ministry of Shipping will now be known as the Ministry of Ports, Shipping and Waterways. This was announced by Prime Minister Narendra Modi during the inauguration of the roll-on-roll-off terminal at Hazira on Sunday.

Direct Port Entry Facility Opens at VO Chidambaranar Port
Web Exclusive
  Oct 28, 2020

Direct Port Entry Facility Opens at VO Chidambaranar Port

Union Minister of State for Shipping (Independent Charge), Mansukh Mandaviya inaugurated the direct port entry (DPE) facility of VO Chidambaranar Port Trust in Thoothukudi (Tuticorin) by unveiling the e-plaque on Tuesday.

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Latest Comments
1
Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
2
kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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