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 August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

VT Halter to Build Bouchard ATB Tugs

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), today announced new contracts to build two 130-foot Articulated Tug Barge

Del Mar Signs Agency Agreement with Ciramar

Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities

Great Lakes Shipyard Wins EPA Drydock Contract

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking,

Maritime Security

RIMPAC Draws ADF Closer to Amphibious Future

More than 800 Australian Navy, Army and Air Force personnel are on their way home after taking part in RIMPAC, the world’s largest naval exercise, which concluded in Hawaii today.

Kenya Charges 9 Foreigners over Heroin Haul

Nine foreign nationals were charged in a Kenyan court on Thursday with trafficking the biggest ever single seizure of drugs at the Indian Ocean port of Mombasa.

Video: RIMPAC 2014 Ships Underway

The U.S. Navy posted a video showing Rim of the Pacific (RIMPAC) Exercise 2014 operations underway. Watch as 42 ships and submarines representing 15 international

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3897 sec (3 req/sec)