Essar Infrastructure will carry out the engineering, procurement and construction activity with an investment of Rs 176 crore to develop Roll-On, Roll-Off service across the Gulf of Khambhat between Ghogha near Bhavnagar in Saurashtra and Dahej in Bharuch district in central Gujarat. The service by Gujarat Maritime Board, will be used for the movement...
Shipping
Pipavav says production unaffected during I-T search
SKIL Group’s flagship company Pipavav Defence and Offshore Engineering today said there was no disruption of any kind at its production units due to Income-Tax officials visiting the firm’s premises last week for verification of certain issues. “There was no disruption of any kind at the production units and the business of the company...
Pipavav Shipyard wins Rs 2975 crore order of Indian Navy
Pipavav Shipyard Ltd on Monday said it won an order from the Indian Navy worth Rs 2975 crore (USD 659.6 million) and swung to a consolidated net profit in full year FY11, sending its shares up as much as 3.75%. India’s largest shipbuilder by market capitalisation said it was the first to receive the...
Then India’s first home made submarine could be made in Gujarat
A committee led by former Chairman of SAIL Dr. V. Krishnamurthy set up by the Prime Minister Manmohan Singh to study India’s much-delayed submarine programme has recommended opening up construction of submarines to the private sector and two shipyards recommended by the panel to build submarines in partnership with government owned companies as joint...
Rs. 1060 crore dry bulk terminal project approved for Kandla port
The government today approved a Rs 1,060 crore project for building a dry bulk terminal at the Kandla Port Trust on build, operate and transfer (BOT) basis. The decision was taken by the Cabinet Committee on Infrastructure (CCI). “The capacity of the project is 14.112 million tonne per annum for catering to four vessels...
Adani MPSEZ acquires Australia’s Abbot Point Port in Queensland for $ 2 billion
Adani Group-owned Mundra Port and Special Economic Zone Ltd (MPSEZL) today announced the $ 2 billion acquisition of Abbot Point Port in Queensland, Australia, on a 99-year lease, marking the beginning of the company’s business expansion outside India. Talking to the media, MPSEZL Chief Financial Officer B Ravi said the size of the balance...
Kandla Port continues to become India’s no.1 major port
Gujarat based Kandla Port continues to become India’s no.1 port with 81.88 mmt(79.5 mt in 2009-10) traffic handling. Interacting with media persons , Kandla Port Trust Chairman Shri P.D.Vaghela said on Tuesday that KPT will purchase power from open market and will supply to users in future. He said KPT’s goal 2020 is 175...
5000 containers stuck at Mundra port due to transporters strike
Procedures at Mundra port are affected due to strike of transporters for last four days. Transporters connected with Mundra port have stopped loading for last four days opposing poor condition of Anjar bypass road. Yesterday Mundra Custom House Agent Association also joined the strike, due to which all custom clearance procedures at all 12...
Shipping Directorate to set up offshore lighthouse 20 NM from Okha
The Shipping Directorate is in the process of setting up an offshore lighthouse (Lushington Shoal) about 20 NM from Okha (in Gujarat) the government said yesterday. This will facilitate in reducing the voyage of Very Large Crude Carriers (VLCCs) and Ultra-Large Crude Carriers (ULCCs) coming from the Gulf by about 30 NM, according to...
Kandla to have Marine University centre next year
Gujarat’s Kandla port will have a centre of Chennai based Marine University. The centre has been approved by central shipping ministry, and it will start functioning in February 2011. The centre will have Post Graduate Diploma in Marine Engineering, Diploma in Nautical Science, and BSc in Ship Repairing courses. Kandla Port Trust will set...
Mundra Port hosts largest container vessel in India
Adani Mundra Container Terminal (AMCT) at Mundra berthed M. V. Northern Jaguar of MSC lines today, it is the largest container vessel to call an Indian port till date. Built in 2009, this 115000 DWT, 8400 TEUs capacity vessel is 332 Meter long and 43.2 meter wide. At the time of berthing the vessel’s...
A cruise ship to bring tourists from Mumbai to Kutch in December
A cruise ship will bring tourists from Mumbai to Kutch during next Kutch Rann Utsav scheduled to be held in December this year. According to Gujarat Tourism Minister Jaynarayan Vyas, a cruise ship operated by Blue Ocean Cruises has capacity to accommodate 574 passengers. The ship has 230 rooms. Per passenger fair will be...