Goa's biggest offshore casino unfit, inferior: MinistryOctober 1st, 2009 PANAJI - Casino Royale, Goa's biggest offshore casino, is technically "inferior" and "unfit" to carry 888 passengers as per a certificate issued by the Union of Comoros, says the union shipping ministry. In a written submission to the Panaji bench of the Bombay High Court, Deputy Director General of Shipping (Technical) Captain K.P.
CPI-M opposes divestment in Cochin ShipyardSeptember 18th, 2009 NEW DELHI - The Communist Party of India-Marxist (CPI-M) Friday hit out at the shipping ministry's move to offload government stake in the Cochin shipyard, and said it will raise the issue in the shipping consultative committee of parliament. "I have conveyed my displeasure to Shipping Minister G.K.
Shipping ministry backs divestment in Cochin ShipyardSeptember 15th, 2009 NEW DELHI - The shipping ministry has approved the Department of Economic Affairs' proposal to divest government state in Cochin shipyard, Shipping Secretary A.P.V.N. Sarma said here Tuesday.
Separate financing arm for auto components manufacturers: MinisterSeptember 2nd, 2009 MUMBAI - Union Heavy Industries Minister Vilasrao Deshmukh Thursday said the government is examining setting up of a separate financing arm for auto components manufacturers. We are looking to set up a separate financing arm for auto components manufacturers, Deshmukh told reporters at the sidelines of the annual conference of Automotive Components Manufacturers Association (ACMA).
Union Pacific marketing rail shipping to used car dealersAugust 31st, 2009 Union Pacific trying to ship more used carsOMAHA, Neb. — Union Pacific wants used car dealers to start shipping more of their cars by train.
Paragon Shipping plans 5-cent dividend on Sept. 7August 12th, 2009 Paragon Shipping to pay 5-cent dividendParagon Shipping said on Tuesday it would pay a quarterly dividend of 5 cents per share on Sept. 7. The Athens, Greece-based shipper said the dividend would go to shareholders of record on Aug.
Government toughens bidding norms for shipping projectsJuly 13th, 2009 NEW DELHI - Bidders for infrastructure projects in the shipping sector need to have a minimum net worth that is twice the project cost, the government said Monday. "Since BOT (build, operate and transfer) projects require the concessionaire to make the investment required for the project, it was suggested that threshold be increased to twice the project cost," Shipping Minister G.K.
100 days agenda of Ministry of ShippingJuly 1st, 2009 NEW DELHI - Union Minister of Shipping G. K. Vasan officially released the 100 days agenda for the Ministry of Shipping here today.
Govt. to award 6 shipping projects worth Rs 3300 cr.July 1st, 2009 NEW DELHI - The Government on Wednesday said it would award six shipping projects worth 3,319.14 crore rupees in next 100 days. These would be developed on the public-private-partnership (PPP) mode.
Shipping ministry unveils 100-day agendaJuly 1st, 2009 NEW DELHI - More public-private partnership (PPP) projects for building ports, revised guidelines for port operations, and speedier acquisition of ships and equipment are some of the targets set by the shipping ministry in its 100-day agenda unveiled Wednesday. Five more PPP projects are likely to be awarded, including coal terminals at Paradip and Mormugao ports and container terminals at Ennore and Tuticorin, according to the agenda released by Shipping Minister G.K.
Shipping ministry to tackle issues bogging PPP projectsJune 27th, 2009 CHENNAI - The shipping ministry, in its 100-day plan to be announced shortly, will address the issues dogging projects being promoted in public-private-partnership (PPP), Shipping Minister G.K. Vasan said here Saturday.
Visteon attorney says company making good progress on bankruptcy financingJune 19th, 2009 Attorney says Visteon making progress on financingWILMINGTON, Del. — Auto-parts supplier Visteon Corp.
Mamata's men get infrastructure development portfoliosMay 28th, 2009 NEW DELHI - Trinamool Congress, the second largest party in the Congress-led United Progressive Alliance (UPA), has got six ministers of state in the new government. Most have been given infrastructure ministry portfolios while party chief Mamata Banerjee is the railways minister.
Shipping ministry to seek 'growth package'February 9th, 2009 KOLKATA - The shipping ministry is preparing a document on the financial requirements of the industry, which will be submitted to the finance ministry next month, a top official said here Tuesday. 'Call it a growth package.
Ship owners seek financial help from governmentFebruary 9th, 2009 KOLKATA - Domestic shipping companies Tuesday urged the government to set up a fund to help the cash-strapped industry buy new vessels. 'Some fund should be built up for the shipping industry specifically as ECBs (external commercial borrowings) have dried up.
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