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Govt cleared port projects worth Rs 6,000 cr this fiscal

Last Updated: Thursday, January 16, 2014, 16:23

The Union Shipping Ministry has cleared 20 port projects involving an investment of Rs 6,000 crore, envisaging 102 million tonnes (MT) in capacity in the first nine months of the fiscal.

Govt may ask ports to fund cash-strapped Dredging Corp: Secy

Last Updated: Thursday, January 16, 2014, 14:18

Admitting that state-run Dredging Corporation is facing fund shortage, Union Shipping Secretary Vishwapati Trivedi on Thursday said the company is in the process of raising Rs 1,000 crore from banks and ports.

Indian ship Kishore arrested in Singapore

Last Updated: Friday, November 22, 2013, 09:09

Indian ship, Kishore, is under arrest in Singapore since November 17.

Ship will not be allowed to move till probe completed: Vasan

Last Updated: Wednesday, October 16, 2013, 21:09

The US-based ship detained off Tuticorin port will not be allowed to move out till the probe was over, Shipping Minister G K Vasan said.

RBI restricts FIIs to buy shares of 2 cos as trigger limit met

Last Updated: Tuesday, October 8, 2013, 21:11

The Reserve Bank Tuesday restricted foreign institutional investors (FIIs) to purchase shares in Great Eastern Shipping Company and Kajaria Ceramics as the foreign equity shareholding have reached the trigger limit of 24 percent.

BSE to transfer 56 securities to restricted segment

Last Updated: Tuesday, October 8, 2013, 15:13

Premiere bourse BSE has decided to move securities of 56 companies, including Birla Capital & Financial Services and Essar Shipping, to the restricted trading category with effect from October 11.

Singapore releases detained SCI ship Desh Vaibav

Last Updated: Thursday, September 26, 2013, 20:28

Shipping Corporation of India`s tanker Desh Vaibhav, which was detained by Singapore authorities over some dispute last week, has been released, an official said.

SG withdraws from Sethusamudram case in Supreme Court

Last Updated: Sunday, September 22, 2013, 22:05

Solicitor General Mohan Parasaran has withdrawn himself from appearing in the controversial Sethusamudram project matter in the Supreme Court.

Indian tanker allowed to leave Iran after 26 days in detention

Last Updated: Saturday, September 7, 2013, 13:35

Having been in detention for nearly 26 days at Iran`s Bandar Abbas Port, Indian oil tanker MT Desh Shanti has finally been allowed to leave.

Expedite implementation of Sethusamudram project: DMK

Last Updated: Saturday, August 31, 2013, 23:08

DMK urged Centre to expedite implementation of Sethusamudram Shipping Canal Project and welcomed Union Government`s proposal to file a petition against the stay on the work given by the Supreme Court.

No pollution by detained oil tanker

Last Updated: Tuesday, August 20, 2013, 19:27

An Indian team, which was rushed to Bandar Abbas port where an oil tanker has been detained by Iran for last nine days, has detected no pollution or oil leakage by the vessel, contrary to Iranian claims.

Iran detains Indian tanker carrying crude, wants undertaking

Last Updated: Thursday, August 15, 2013, 15:17

Iran has detained India`s largest ocean liner Shipping Corporation`s vessel carrying crude from Iraq on Tuesday.