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Gulf Of Cambay News

10 Jan 2017

Sagarmala – Sailing Towards a Vibrant Gujarat

India's Shipping Minister of State  Mansukh Mandaviya inaugurated the state- of -the -art exhibition display of Sagarmala, Ministry of Shipping at Vibrant Gujarat Global Investors Summit, 2017, yesterday (Jan 11). Gujarat has been at the forefront of the maritime development in India. A) Port modernization:  Projects have been identified for capacity augmentation at existing ports especially Kandla to meet the future growth in cargo volumes. These include mechanization of cargo handling process, development of multi-purpose berth and setting up of barge and coastal jetty to name a few. b) Port connectivity: For enhancing port-connectivity to hinterland and creating optimal mode of evacuation to/from ports connectivity projects have been identified.

24 Nov 2016

India Identifies 12 Major Ports Under Sagarmala for Future Cargo Handling

Port Master Plans for 12 major ports have been prepared keeping in view the requirements for cargo handling till 2035. A total of 142 Port Modernization and 30 Port Connectivity projects have been identified in the Master Plans. The objectives of these projects are to promote port led development and to provide infrastructure to transport goods to and from ports quickly, efficiently and cost effectively and efficient evacuation to and from hinterland. These identified projects will be taken up over the next 20 years (till 2035) for implementation in phases. 3. Creation of dedicated coastal infrastructure i.e. 8. Central Scheme for providing assistance to Major ports and Oil Handling non-major ports under State Maritime Boards/State Govt.

14 Jan 2015

Japan to Help Boost Indian Ship Recycling

Japan may help India in boosting the country's ship recycling industry. It is learnt that a 14-member Japanese delegation comprising representatives from government departments and shipping industry association, who visited Alang-Sosiya ship recycling yard in Bhavnagar (Gujarat, India) expressed its willingness to aid improving the facility there. The Ship Recycling Yard at Alang located near Bhavnagar in Gujarat State on the western coast of Gulf of Cambay is claimed to be the largest ship recycling yard in the world, in terms of number of ships being dismantled. Indian Express, a prominent newspaper in the country quoted Mitsuhiko Ida…

21 Apr 2006

India’s Shipping Companies Look to Offshore Investments

With the boom in the oil and gas exploration sector, fueled by the recent awarding of new blocks under NELP VI, Indian shipping companies are tanking up to sharpen their focus on the offshore segment. Only last month, Oil and Natural Gas Corporation (ONGC) came out with a tender for chartering of around 26 offshore supply vessels, with mobilization requirement up to the third week of November. Shipping companies such as Great Eastern Shipping, Varun Shipping and Mercator Lines have lined up significant investments in this sector in the current fiscal. In fact, the boom in the offshore sector is one of the reasons that prompted GE Shipping to de-merge its offshore division into a separate company, Great Offshore Ltd, to get higher valuations from this business.