| HSL to build Rs 4,000 cr shipyard in AP or Orissa | 13-NOV-09 |
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| State-owned Hindustan Shipyard (HSL) plans to build a large shipyard to accommodate very large crude carrier ships (VLCC) at an estimated project cost of Rs 3,000-4,000 crore, a top official said. The proposed shipyard, which will be built on a public-private-partnership model, is expected to receive cabinet approval by the end of this fiscal, HSL's Chairman and Managing Director, Naresh Kumar said on the sidelines of SMM India's shipping trade fair. |
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| Troubled Dubai shipping major looking at distress sale | 29-OCT-09 |
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| Dubai-based freight forwarder and logistics company Hull & Hatch Logistics LLC (HHL), is said to be looking at a distress sale of assets and is scouting for buyers in India, according to shipping industry sources. |
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| Shipping ministry takes first step on 16 PPP projects | 19-JUL-09 |
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| The shipping ministry has issued Request for Qualification (RFQ) for 16 projects worth over Rs 13,247 crore to be awarded on a public-private partnership (PPP) basis. Those for a further six projects would be issued soon. |
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| ABG Shipyard offers counterbid in Great Offshore | 23-JUN-09 |
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| ABG Shipyard Ltd, India’s biggest non-state shipbuilder, has offered a counterbid for a controlling stake in Great Offshore which understandably may consider raising the offer price. |
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| Shipping ind seeks special fund to finance projects | 21-JUN-09 |
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| With the avenues to secure loans for expansion and modernisation plans drying up, the shipping industry has asked the government to set up special fund to help the industry finance such projects. |
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| CSL plans to set up Ship repair complex at Vizhinjam | 09-JUN-09 |
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| Public sector Cochin Shipyard Ltd (CSL) is planning to set up a ship repair complex and yard in near the proposed international Port at Vizhinjam in Thiruvananthapuram with an initial investment of Rs 1,000 crore. |
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| Shipping Ministry to award Rs 3,300-cr projects in 100 days | 07-JUN-09 |
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| As part of the first 100-day 'action programme' of the government, the Shipping Ministry would award projects worth more than Rs 3,300 crore for developing and upgrading container and cargo terminals at various ports in the country. |
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| Sealand sells stake in Gateway Distripark | 12-MAY-09 |
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| Logistics services provider Gateway Distriparks said today that the US-based port operator Sealand Terminals has reduced its stake in the company to 3.64 per cent after selling shares worth Rs 17.59 crore, through the open market transaction. |
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| Cochin Port Trust workers on 24-hour strike | 12-MAY-09 |
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| With the strike by a section of the marine department and cargo section in public sector Cochin Port Trust (CPT) entering 17th day today, the port employees union resorted to a 24-hour hartal on Willingdon Island here from 6 AM. |
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