Gadkari says government to fund dredging cost to up draft to 20 metres

Last Updated: Sunday, June 7, 2015, 16:52

The draft of the nation's largest port JNPT is around 16 meters currently and if this goes up to 20 meters, it can allow large ships to berth at its terminals which it is unable to do.

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.

'Muted response to tax-free bonds by ports due to weak market'

Last Updated: Monday, April 22, 2013, 14:10

Weak market sentiments and low coupon rates dampened the response to the tax-free bonds issued by the state-owned JNPT, Ennore Port and Dredging Corporation, last fiscal.

DCI disinvestment not possible due to low valuation: MOS

Last Updated: Tuesday, September 6, 2011, 15:18

The Ministry of Shipping has indicated that it is not in favour of a proposal of the disinvestment department to sell part of government's stake in state-owned Dredging Corporation of India (DCI) as of now because of its low valuation.

‘Dredging destroying pygmy elephant, monkey habitat’

Last Updated: Thursday, June 17, 2010, 12:40

Sand dredging in a Borneo wildlife sanctuary is threatening pygmy elephants` habitat.

Huge demand for capital, maintenance dredging on cards

Last Updated: Wednesday, March 3, 2010, 18:55

The government`s plan of constructing new ports and expanding existing ones to support an expected increase in traffic is likely to create a huge demand for capital and maintenance dredging in India.