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 Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Roozendaal to head MacGregor Business Area

Michel van Roozendaal (M.Sc. Aerospace Engineering; MBA INSEAD, Fontainebleau; b. 1963) has been appointed President of the MacGregor business area. He will

ENSCO 110, ENSCO 104 Contracted for UAE & M.E.

Ensco plc has entered into a three-year contract with NDC for a new premium jackup, ENSCO 110. This newbuild rig is scheduled to commence operations later this

Royal IHC, Dräger join Forces

Royal IHC and Dräger have joined forces to offer the market a single source for fully integrated Diving Support Vessels. The initial focus will lie on the market segment of vessels with automated,

Maritime Security

Professionals Gather for APS Annual Conference

Maritime professionals from Africa, Europe, and the U.S. began a 4-day conference aimed to enhance collaborative efforts to achieve maritime security in Africa, May 5.

Austal Delivers Sixth Cape Class Patrol Boat

Austal Limited announced it has delivered Cape Leveque, the sixth of eight Cape Class Patrol Boats being supplied to the Australian Customs and Border Protection Service under a $330 million design,

Forty Migrants Drowned in Med on Sunday

Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.2426 sec (4 req/sec)