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India may invite financial bids for SCI sale

SCI operates around one-third of the country's tonnage

EoI for CONCOR to be issued soon, govt to exit PPL in FY22

The government intends to exit PPL

VOC Port Trust opens tender to convert cargo berth into container terminal

The bulk cargo berth will be converted into container handling terminal through PPP mode

Sethusamudram project to be laid to rest

After inordinate delays due to disputes, the Sethusamudram project is being wound up

DPGC and others bid for Shipping Corporation of India

DIPAM had invited EoI for the strategic divestment of the Shipping Corporation of India

Govt to begin PSU asset monetisation with MTNL

The Government will begin the PSU asset monetisation programme with MTNL

Why India’s GDP is leaking!

India has a leaking bucket. So even while the economy grows, it is unable to benefit from the growth as our resources so added are not deployed efficiently. Our second quarter results indicate that the economy shrank by 7.5 per cent as we unlocked our cities.

Why India’s GDP is leaking!

Even while its economy grows, India is unable to benefit from the growth.

Non-functional ports to be revived

Around 133 non-functional ports in the country could get a new lease of life if the shipping ministry´s plan to revive these is fruitful. SPVs by Shipping Corporation of India and Dredging Corporation of India with state governments and private operators could be undertaken.

Hyundai Samho delivers tanker to SCI

Hyundai Samho Heavy Industries delivered a Suezmax crude oil tanker, with a gross tonnage of 81,334 tonne and deadweight of 158,034 tonne at scant- ling draft, to the Shipping Corporation of India (SCI). The South Korean shipbuil­der sold the tanker named MT Desh Shobha, on resale basis.

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