Amidst the fears of Global Economic Turmoil, the ship breaking yard in India at Alang in Bhavnagar District in Gujarat state is all set to demolish 400+ vessels, in financial [...]
MUMBAI (Dow Jones)–India’s shipping industry should speed up the expansion of its ports, increase dredging facilities and invest in coastal shipping, the country’s prime minister Manmohan Singh said Saturday. “We [...]
By Mohan Malik, Wall Street Journal, above: INS Trishul, an Indian Talwar-class, guided missile frigate Media reports last week of a Chinese warship confronting an Indian navy vessel in the South China [...]
MUMBAI (Dow Jones)–Indian shipbuilder and defense contractor Pipavav Shipyard Ltd. (533107.BY) Saturday said it is considering an overseas listing of its securities even as the company’s board approved raising long-term debts of [...]
14 sailors aboard the OSM Arena are about to be released after spending an astonishing 17 months at sea anchored off Chennai Port in India. The vessels’ crew – [...]
On July 29th the crew of the Motor Tanker Pavit made a Mayday call off the coast of Oman and were quickly rescued by local authorities but no attempt was [...]
NEW DELHI—India on Friday approved Reliance Industries Ltd.’s proposed $7.2 billion asset sale to BP PLC, paving the way for the U.K. oil giant’s largest venture in the South Asian [...]
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