Indian Naval Ships Deployed to Malaysia
Indian Naval Ships Shivalik and Jyoti are on an overseas deployment to the South East Asia and Southern Indian Ocean, in pursuance of India’s ‘Act East Policy’. The ships would be on a port visit to Kuantan from 14 May to 19 May , 2017. The visit of the Indian Naval Ships seeks to underscore India’s peaceful presence and solidarity with friendly and harmonious countries towards ensuring good order in the maritime domain and to strengthen existing bonds between India and Malaysia. The two countries share a rich history and a strategic relationship.
India, Singapore Navy Drill SIMBEX-17 Commences
As part of "SIMBEX-17’, the ongoing Bilateral Naval Exercise between Navies of the Republic of Singapore and India, lndian Naval Ships Shivalik, Sahyadri, Jyoti and Kamorta and one P8-I Maritime Patrol and Anti-Submarine Warfare Aircraft are participating. While INS Sahyadri and INS Kamorta are at Singapore since 12 May 2017, INS Shivalik and INS Jyoti would be joining directly for the sea phase of the exercise. The ships are under the command of Rear Admiral Biswajit Dasgupta, YSM, VSM, Flag Officer Commanding Eastern Fleet.
Sri Lanka Denies Chinese Request for Sub Visit
Sri Lanka has rejected China's request to dock one of its submarines in Colombo this month, two senior government officials said on Thursday as the Indian prime minister landed in the island nation. Sri Lanka last allowed a Chinese submarine to dock in the capital of Colombo in October 2014, a move that triggered fierce opposition from its northern neighbour India, which worries about growing Chinese activity in a country it has long viewed as part of its area of influence. Indian Prime Minister Narendra Modi arrived in Sri Lanka on Thursday for a two-day official visit. A senior Sri Lankan government official said China's request to dock one of its submarines in Colombo this month had been rejected.
Cochin Shipyard Builds 4 Ships for Andaman & Nicobar
Government of India-controlled Cochin Shipyard Ltd is constructing four passenger-cum – cargo vessels for Andaman & Nicobar Administration under the ‘Make in India’ initiative of Government of India. As per orders placed by the A&N Administration, two of these vessels will have a capacity of 500 persons-cum-150 tonne cargo and the remaining two will have a capacity of 1200 persons-cum-1000 tonne cargo. These vessels will have state of the art facilities for passengers and comply with latest international/national rules and regulations.
'Make in India’ - the Newbuzzword in Indian Shipping Sector
The government is aggressively promoting the adoption of ‘Make in India’ campaign including the shipping and port sectors. The Ministry is aiming to raise cargo and passenger movement through waterways from the current five per cent to 30 per cent in the next 15 years. This means that there will be demand for more coastal ships, barges and passenger vessels, which would offer more opportunities to local shipyards. India plans to build seven ports by 2017, using 7.6 billion in public and private funds.
GRSE to Build MTU Engines in India
agreement between Rolls Royce and Garden Reach Shipbuilders & Engineers Ltd. (GRSE) will see final assembly of MTU Series 4000 engines in India. Under the terms of the deal, the 12V and 16V 4000 M90 type engines will be assembled in GRSE’s Diesel Engine Plant in Ranchi, while an option for the future local production of parts was also agreed upon. The agreement includes the transfer of MTU technology related to assembly, testing and painting. The 12V and 16V 4000 M90 type engines have a rated power of 2…
Maersk Training Bullsh on India
Maersk Training, part of the Denmark based A.P. Moller-Maersk, is betting on the Indian training centre, reports the Hindu. India is one of the 10 Centre’s that is making profits. "While other Maersk training centres are facing issues due to downturn in maritime and oil and gas sectors, India is doing a good job by balancing it. We are ready to provide them a helping hand so that they can tap into global talent pool of trainers to get information, knowledge and content to offer high end and niche courses in oil and gas sector…
Indian Warships visit Egypt
As part of the Indian Navy’s overseas deployment (OSD) to the Mediterranean Sea and the West Coast of Africa, two Indian warships, INS Mumbai and INS Aditya, arrived at Alexandria on May 5, 2017 for a three-day visit. The warships will engage extensively with the Egyptian Navy during their stay in harbour. Apart from professional interactions, a number of sports and social engagements are also planned, which would go a long way in enhancing co-operation and understanding between these two important and capable Navies.
Iran, India SPA No Longer Valid
Last October, Tehran linked its energy dialogue to India’s nuclear diplomacy asking New Delhi to support Iran in the next meeting of the IAEA board of governors in November. That November meeting saw no vote and now Iran is back to flexing its energy muscle ahead of the crucial IAEA meeting this week, the Indian Express reported. After having signed a Sale Purchase Agreement (SPA) last June to export 5 million tons per annum of LNG to India at a price linked to $31-per barrel crude, the National Iranian Gas Export Company (NIGEC) told India that the price agreed to in that pact is no longer valid. This despite the fact that Tehran never raised the issue of a price hike even when international crude had touched $68 a barrel last August.
Allcargo Acquires 2 Vessels for Coastal Operations
Allcargo Logistics has announced the acquisition of two additional vessels aggregating 24000 DWT. for its coastal shipping business. Post this acquisition Allcargo now owns a total of five cargo vessels making it one of the largest players in the logistics industry. The main criterion for this acquisition was to cater to the growing requirements not only of coastal shipping but regional trade and commerce as well. India has over 7,000 km of coastline. Considering India’s demography and strategic location as a global trade hub…
MXB Begins Physical Operations in Mumbai
Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is a joint venture between Matrix Marine Fuels and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU (state owned) oil refining and marketing companies. The company will provide physical products at Mumbai’s Outer Port Limits (OPL), servicing vessels that are waiting to berth, as well as vessels making bunker-only-calls.
First Bunker Supply by Barge at Paradip
Gulf Petrochem Group, the UAE based global bunker supplier, has set another milestone in its operations with the first-ever bunker supply by barge at the non-conventional port of Paradip in Odisa, India’s east coast in a joint effort with Indian Oil Corporation Limited (IOCL). Gulf Petrochem arranged for the supply of 810 metric tons of bunker fuel IFO 180 CST by barge. Typically, supplies were made to the non-regular bunker port of Paradip only by Road Tanker Wagons (RTW) and for small volumes.
India's Coal Imports Causing Port Congestion
Congestion at Paradip expected to ease in a week if rains stop; higher-than-usual congestion at some other ports too. Indian power and steel companies are importing shiploads of coal due to a severe shortage at home, leading to heavy congestion in one of the country's busiest ports that now has twice the number of vessels waiting than its available berths. The over-crowding at Paradip port in eastern Odisha could derail India's efforts to prevent a shutdown of more than half of its power plants which are running on stocks of less than a week in the worst deficit since a massive blackout in 2012. While Power and Coal Minister Piyush Goyal has urged power firms to bring more coal into India - already the world's No.
Inland Shipping Expands in India
Integrated cargo transport along multiple waterways begins in India from the banks of Rupnarayan to the shores of Ganga. V. V. Giri, a vessel of the Inland Waterways Authority of India (IWAI) began a landmark pilot movement on April 23, 2017 from Kolaghat in East Midnapore district of West Bengal to Bhagalpur in Bihar with a cement consignment of 240 metric tons. The vessel's journey commenced from Kolaghat on Rupnarayan river (National Waterway- 86) to reach Bhagalpur via river Ganga (NW-1). This marks the beginning of an integrated cargo movement involving two different NWs - NW-86 and NW-1.
Greece Tops World's Worst Shipping Nation
NGO Shipbreaking Platform Annual Report 2016 listed Greece as number one in World's Worst Shipping Nation followed by China. It may be surprising for a country whose industry is proud of green technology and engineering solutions, but in 2016 Germany was responsible for the worst shipbreaking practices amongst all shipping nations when one compares the size of its fleet to the number of ships broken irresponsibly. German owners, banks and ship funds had a staggering 97 ships rammed up on the beaches of South Asia out of a total of 99 vessels sold for demolition.
Dry Bulk Shipping Remains Positive: Drewry
The outlook for dry bulk shipping remains positive given the shrinking supply-demand gap, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry. With high demolition activity and low deliveries the fleet is expected to grow at a slow annual rate of 1 percent over the next five years, while tonne mile demand will grow at a faster pace of around 3 percent per annum. As supply and demand becomes more balanced over the forecast years, charter rates are expected to improve gradually.
India Deploys Eastern Fleet Ships Overseas
Indian Naval Ships Shivalik, Sahyadri, Jyoti and Kamorta of the Eastern Fleet manouvering in the Andaman Sea. The task force is on a routine deployment to Malacca Strait, the Java Sea, Flores Sea, the Arafura Sea and Southern Indian Ocean under the command of Rear Admiral Biswajit Dasgupta, YSM, VSM, the Flag Officer Commanding Eastern Fleet. During the course of the deployment, as part of the ‘Act East Policy’, the ships would make port calls at Singapore, Kuantan (Malaysia), Jakarta and Surabaya (Indonesia), Port Moresby (Papua New Guinea) and Fremantle (Australia).
India, Indonesia Commence Co-ordinated Patrol
The 29th series of India–Indonesia CORPAT is scheduled from 09 – 25 May 2017 with the opening ceremony being conducted from 09 -12 May 2017 at Port Blair under the aegis of Andaman and Nicobar Command. The Indonesian Naval Ship KRI Sutedi Senoputra has arrived at Haddo Wharf, Port Blair to mark the commencement of the 29th series of IND–INDO CORPAT today. An Indonesian Maritime Patrol Aircraft also flew in with the Indonesian Naval delegation led by First Admiral Bambang Irwanto to INS Utkrosh, Port Blair.
India to Allocate 2.5 pct of Road Fund for National Waterways
The Indian government has approved a proposal to allocate 2.5 per cent of the Central Road Fund (CRF) for National Waterways (NWs) that would result in about Rs 2,000 crore (USD 309 mln) proceeds per annum for their development. A statement from the government said that Indian Cabinet chaired by the Prime Minister Narendra Modi has accorded its approval today to a proposal jointly mooted by the Ministry of Shipping and the Ministry of Road Transport & Highways (MoRTH) for amendment of Central Road Fund Act…
ST Engineering Injects Capital into Leeboy India
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its land systems arm, Singapore Technologies Kinetics Ltd has injected S$4.2m (equivalent to INR200m) into its wholly owned subsidiary, SDG Kinetics Pte Ltd (SDGK), for flowthrough capital injection into LeeBoy India Construction Equipment Private Limited (LeeBoy India) to provide working capital for LeeBoy India’s operations in India. At the same time, SDGK has purchased shares worth INR9.4m (approximately S$0.2m), approximately 1.2% of LeeBoy India’s total share capital, from LeeBoy India’s management staff. The shares were purchased at the subscription price of INR10 (approximately S$0.21) per share in accordance with the terms of the management staff’s employment contracts.
German Port 'Gateway to India' Celebrates Trade Link
The German trade hub recently opened the 'Gateway to India' at Hamburg's Port Anniversary, the world's largest port festival. Highlights of the 823th port anniversary included the spectacular christening ceremony of the AIDAmar, turning Hamburg's port into the world's largest baptismal font.. Trade relations between Hamburg and India date back to the 16th century. Hamburg is Germany's gateway to India: each year, 300,000 containers to and from India are handled in Hamburg; the trade volume approximates €1.3 billion. Hamburg and India maintain excellent relations in politics, business, science and culture. At the festival, about two million German visitors to the port festival gain an insight into this year's partner country.
Opening of SMM Int’l Trade Fair, India
The world has come to recognize the potential of the Indian shipping industry, its capability to innovate and grow on the global stage, said APVN Sarma, former Secretary, Shipping, at the inaugural SMM India, shipbuilding, machinery & marine technology trade fair and exhibition. “The SMM exhibition is being organised at a very appropriate time”, said Arun K Mago, Chairman, Advisory Council, SMM India 2009. Mago said, “Though India and China were not affected as much as by other developed countries, it has had an adverse affect on the shipping trade. It has been one of the worst moments for the sector in living memory. SMM India 2009 provides a platform for dialogue and business interaction between over 100 exhibitors from all parts of the world.
India’s Shipbuilding Gets Into Shape For The 21st Century
“SMM India could provide ample opportunities for useful interaction between various stakeholders and sharing of knowledge to meet the challenges of the market and make full use of the benefits and opportunities offered by the Indian shipbuilding industry,” says Dr. Satish B. Agnihotri, Director-General Shipping, Ministry of Shipping, Government of India. He is referring not only to the international shipbuilding fair, which is to be held for the second time in Mumbai under the SMM brand…