SCI plans to acquire 64 ships

Monday, October 10, 2005
The State-owned Shipping Corporation of India (SCI) plans to acquire 64 ships under the national maritime development program, according to a report on Manorama Online.

The national shipping major said it will acquire 32 vessels by March, 2007, and as many during the next five years of the 11th Plan period of 2007-2012. The company has informed the Bombay Stock Exchange that it expects delivery of these vessels by March, 2015.

Commenting on a media report that SCI is to acquire a total of 76 vessels by 2025, the corporation said it can achieve the target of acquiring additional 12 vessels in 13 years beyond the 11th Plan period if asked to do so.

On acquisition of two very large crude carriers (VLCCs), SCI said the corporation is yet to receive the official communication of its clearance by the Cabinet Committee on Economic Affairs (CCEA).

(Sorce: Manorama online)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

VOS Sugar First Charter

The newest addition to Vroon’s fleet, subsea-support vessel (SSV) VOS Sugar, recently started work in the BARD Offshore 1 Offshore Wind Farm (OWF). The vessel

TAMRF Extends Research Vessel Charter

Overseas Drilling Ltd., a 100 percent owned subsidiary of Siem Offshore Inc., and Texas A&M Research Foundation (TAMRF) have agreed to extend the charter of the

BWTS Refit for Netherlands Naval Vessels

The Defense Material Organization has awarded three contracts to Goltens Worldwide’s Green Technologies business unit for the engineering and turnkey installation

Maritime Security

Aquino: China Breaks South China Sea Deal

Philippine President Benigno Aquino on Thursday accused China of breaking a U.S.-brokered deal between the two nations on the Scarborough Shoal, an uninhabited rocky outcrop in the South China Sea.

US, Thailand Naval Exercise in Andaman Sea

The U.S. Navy (USN) and the Royal Thai Navy (RTN) kicked off Exercise Guardian Sea, Andaman Sea comprising bilateral naval training drills that aim to enhance

Guinean Sailors Arrested after Clash with Sierra Leone Navy

Sierra Leone was holding 11 Guineans including military personnel in custody on Wednesday following a confrontation at sea involving the two West African neighbours' navies,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0574 sec (17 req/sec)