IWAI Signs MoUs Dredging Corporation
Development of Inland Water Transport is a priority of the Ministry of Shipping. After the declaration of 106 new National Waterways, in addition to the existing 5 National Waterways, under the National Waterways Act, 2016, the responsibilities of Inland Waterways Authority of India (IWAI) have increased manifold. To ensure the development of the National Waterways in a time-bound and effective manner, the IWAI in the presence of Nitin Gadkari , Hon`ble Minister of Shipping and Road Transport & Highways has signed three separate Memorandum of Understanding (MoU) with Dredging Corporation of India (DCI), Paradip Port Trust (PPT) and Mormugao Port Trust (MPT) on Wednesday, 28th September 2016.
Indian Shipping Seeks Road Fund for Development of Waterways
The Shipping Ministry of India has mooted a proposal to utilize part of the fuel cess collected for building national highways for expansion of National Waterways as well. The Union Minister for Shipping, Road Transport & Highways, Nitin Gadkari said his Ministry has sent a proposal seeking allocation of 5% of the Central Road Fund for development of Inland Waterways. “My Ministry has prepared the proposal, but the final decision will be taken by the Ministry of Finance. I am pursuing the matter” Gadkari added. Central Road Fund is a non-lapsable fund created under the Central Road Fund Act 2000 out of a cess imposed on petrol and high-speed diesel. The funds are meant to be used to develop and maintain national highways, state roads and railway over and under bridges.
Royale Floatel Lives Up to Its Name
For harried executives, a marine cruise can offer an escape form a life of tight schedules and constant pressure. The need for a relaxing but luxurious environment was well known to the designers of M/V Royale Floatel. The Vijai Marine Shipyards, designed and carried out the conversion, from a dumb pontoon, of the Royale Floatel to a 14-room all-suite, high-end luxury floating hotel. Delivered to the owners in 2013, it is first in its segment in the country under IRS class. With a capacity for 60 passengers…
Goa’s Casino Royale at Three Years
In 2011 Goa’s most elaborate floating casino will celebrate three years of successful operation on the Indian province’s Mandovi River. The M/V Casino Royale was designed by AMC Marcon of Mumbai and her builder Water Ways Shipyard with the lines of a small cruise ship. The ship has capacity for up to 400 passengers, 35 operational crew and seven professional mariners. The Casino Royale is out-fitted to meet international safety standards for a passenger vessel. Although she is equipped to sail…
