News of Marine & Maritime in Gujarat

Indian Coast Guard launches ICGS VARUNA at Reliance Naval (Pipavav)

PIPAVAV (AMRELI) – Indian Coast Guard’s trainning vessel ICGS VARUNA was launched today from Reliance Naval and Engineering Ltd’s (RNEL) Shipyard here. The primary role of the vessel is to impact basic sea training to the under trainee officers of Indian Coast Guard along with their Naval counterparts. While on-board on ICGS VARUNA under trainee officers

Adani hand-shakes with French Energy Major Total, to sell fuel & gas in India

PARIS | NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Keeping in view the road infra growth story and the rising middle class consumer in India, French energy major Total S.A. inked pact with Indian conglomerate Adani Group to enter the energy market in India. Both companies aim to develop multi-energy offerings to the

Experts Say, “#GujaratExodus may hit the new investments …”

AHMEDABAD | VADODARA | SURAT | RAJKOT – #GujaratExodus, process of workers from Bihar and Uttar Pradesh travelling back to their home, may trigger a situation, which may hit the new investments, especially when the Vibrant Gujarat 2019, Global Investors Summit is around, industry experts from across the state fear the phenomena. Industries which may

GE Shipping takes delivery of Secondhand Gas Carrier

MUMBAI | RAJKOT – In a press release submitted to the exchanges in India on Wednesday, The Great Eastern Shipping Company Ltd said of having taken delivery of a secondhand very large gas carrier. The Company took delivery of a secondhand Very Large Gas Carrier “Jag Vasant” of about 83,270 cbm. The Company had contracted

Mercator to sell first tranch of oil from Cambay Basin block by August 2018

MUMBAI | RAJKOT – Mercator Ltd said in a regulatory filing submitted to the exchanges in India, about first tranch of oil sale from Cambay Basin block to happen in August 2018. Mercator Petroleum Limited, a subsidiary of Mercator Ltd is pleased to  announce that it has mobilized all the equipment at site and is all

GE Shipping to acquire second-hand gas carrier

MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India, The Great Eastern Shipping Company Ltd said of having contracted to add secondhand gas carrier vessel to it existing fleet. The Company has signed a contract to buy a secondhand Very Large Gas Carrier of about 81,605 cbm (cubic meters), the filing

Adani Ports inks long term regasification pact with GAIL (India) Ltd. for Dhamra LNG terminal

AHMEDABAD | MUMBAI | RAJKOT – Adani Ports and Special Economic Zone (APSEZ) Ltd – India’s leading port infrastructure developer and part of the Adani Group, today said it had signed a long term agreement with GAIL (India) Ltd, the state run gas company, to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis, at

Mercator gets dredging contract for Porbandar Port area in Gujarat

MUMBAI | RAJKOT – Mercator Ltd has informed the stock exchanges in India in a regulatory filing of getting dredging contracts for Porbandar Port and Mormugao Port. The Company has emerged as the lowest bidder in its bids for the Mormugao and Porbandar Ports contracts having an estimated combined contract value of 160 million (~16

India’s Adani and Japan’s NYK ink pact to form rail logistics venture to transport cars

NEW DELHI | AHMEDABAD | MUMBAI | RAJKOT – Adani Logistics Ltd (ALL), a subsidiary of Adani Ports & SEZ Ltd has  inked an agreement with NYK Auto Logistics (India) Private Ltd. (NALI) to form a joint venture company which specializes in transportation of finished vehicles using Automobile Freight Trains, and concluded an agreement for the

TGIF for Shipping Sector in India – vessel deliveries & new orders on Friday the 13th makes news

COCHIN | MUMBAI | RAJKOT – Thank God its Friday (TGIF) for the shipping sector of the nation, today four companies from Shipping sector in the nation had a lot of business, and you bet it was all they informed the Indian Bourses on Friday the 13th. Cochin Shipyard Ltd got a new order worth

Indian Gov Cruises over Cruise Tourism Policy, MUMBAI to Hub Cruise Tourism

NEW DELHI | MUMBAI | RAJKOT – Nitin Gadkari, Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation chaired an interactive session of various stakeholders of the travel and tourism trade in Mumbai last week, to formulate an action plan for realizing the full potential of Cruise Tourism in the

Adani Enterprises Director Berjis Desai quits

AHMEDABAD | MUMBAI | RAJKOT – Adani Enterprises Ltd today informed stock exchanges in India regarding one of their Directors having tendered his resignation. Berjis Desai has tendered his resignation as Director of the Company w.e.f. 25th June, 2018  due to his pre-occupation, the company filing said. Follow DATELINE GUJARAT On :- Facebook, Google+, Linkedin, Twitter, YouTube  SHARE THIS NEWS ON

GE Shipping to sell its Supramax carrier Jag Ratan

MUMBAI | RAJKOT – Great Eastern Shipping Company Ltd has contracted to sell its supramax dry bulk carrier Jag Ratan, today the company filing to exchanges in India said. Jag Ratan vessel is of 52,179 deadweight tonnage and will be delivered to the new buyer in 2018-19, the filing said. The Company’s current fleet stands

GE Shipping takes delivery of secondhand gas-carrier vessel

MUMBAI | RAJKOT – Sheth family owned and Mumbai headquartered Great Eastern Shipping Company Ltd today announced taking delivery of second hand gas carrier vessel ‘Jag Vayu’, the company said in filing to the exchanges in India, today. The vessel is 1996 Built of about 36,567 cubic meters (cbm). The company had contracted to buy

Apex Court quashes NGT’s directions over Environment Clearance to Adani’s Hazira Port

AHMEDABAD | MUMBAI | RAJKOT – Supreme Court of India on April 23, 2018 – Monday set aside the direction in the order passed by National Green Tribunal against Adani Hazira Port Pvt. Ltd., cancelling the environment clearance granted by Environment & Forest Ministry of India. Adani Group issued press release into the matter on

Despite of reporting a strong topline, Reliance Defence reports net loss of 1.4 bn rupees for Q4 (Jan-Mar) 2016-17

PIPAVAV (RAJULA) | MUMBAI | AHMEDABAD | RAJKOT – Despite strong topline, Reliance Defence and Engineering Ltd reported net loss of 1.4 billion (140 crores) rupees for quarter ended on March 31, 2017 due to significant rise in total expenditure, finance cost and erosion in tax credits.  The company had reported profit of 1.02 billion