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Nilam: 3 bodies believed to be of sailors washed ashore

As efforts continued for the third day to trace five missing crew of an oil tanker that ran aground off the city beach hours before cyclone 'Nilam' made landfall, three bodies, believed to be of......

Ship fire: 2 South Koreans granted bail

Two South Korean nationals were granted bail on Saturday by a local court in a case registered against them for criminal negligence for the fire on board Korean chemical tanker Royal Diamond 7, off......

S Korean sailor killed in tanker blaze off Mumbai port

A South Korean crew member of a Marshal Island-flagged tanker vessel was on Saturday killed and six others, including two foreigners, were injured when fire broke out on the ship following an......

Is it end of the line for South Asia's ship graveyards?

With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal from a typical iron ore or coal carrying......

CCEA okays divestment in Shipping Corporation

The government has approved sale of 10 per cent equity in Shipping Corporation of India. The biggest domestic shipping company would also raise 10 per cent additional equity to fund its expansion......

SCI may get nod for FPO next week

The Cabinet Committee on Economic Affairs is likely to approve the 20 per cent follow-on offer of Shipping Corporation of India next week, which may fetch close to Rs 1,400 crore (Rs 14 billion).......

SCI to buy 60 ships by 2015 for Rs 20,000 crore

State-owned Shipping Corporation of India (SCI) on Monday said it will acquire 60 vessels by March, 2015, entailing an investment of about Rs 20,000 crore (Rs 200 billion).The company also plans to......

Indian shipyards poised for $4.5bn inflow

Indian engineering and maritime groups have lined up an estimated Rs180bn ($4.5bn) to invest in new shipyards, opening up a front in the nation's competition with China to become a low-cost......
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Nitin Gadkari flags off cargo ships from Halia

Shipping and transport minister Nitin Gadkari flagged off two cargo vessels from Aghoreshwar Bhagwan, Ram Gaht for trial run on Friday. He also... ...

http://www.transreporter.com/logisticsnews/30851/Nitin-Gadkari-flags-off-cargo-ships-from-Halia/
Gadkari lays foundation of new terminal in Varanasi

As part of an ambitious plan to make the Ganga navigable, Shipping Minister Nitin Gadkari on Friday laid the foundation stone of a ₹211-crore... ...

http://www.thehindubusinessline.com/economy/logistics/gadkari-lays-foundation-of-new-terminal-in-varanasi/article8981713.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Shri Nitin Gadkari Flags Off Two Cargo Vessels from Varanasi and lays Foundation Stone of the Multi Modal Terminal.

The Minister for Shipping, Road Transport and Highways, Shri Nitin Gadkari flagged off two vessels viz. MV Joy Basudev (capacity 1400 tons) and MV... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=148879
Pioneer Marine Inc. Announces Second Quarter 2016 Results

MAJURO, MARSHALL ISLANDS -- (Marketwired) -- 08/11/16 -- Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) ("Pioneer Marine," or the... ...

http://in.sys-con.com/node/3892790
Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2016

MAROUSSI, ATHENS, GREECE -- (Marketwired) -- 08/11/16 -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier... ...

http://in.sys-con.com/node/3892547

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