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New Indian bill to provide more flexibility for major ports

In a bid to professionalize governance of India’s major ports, the Government has introduced the Major Port Authorities Bill in Parliament, to replace the existing Major Port Trusts Act, 1963. Under the proposed Bill, all major ports will be empowered to make their own master plan for areas within their port limit to the exclusion of any State or local regulations.

Sri Lanka to get its first LNG terminal

As Sri Lanka Ports Authority Chairman Dr. Parakrama Dissanayake said, a Memorandum of Understanding between Sri Lanka, Japan and India on a LNG terminal and Floating Storage Regasification Unit will be signed  next week and the feasibility study will begin soon. 

India sees record number of Indian seafarers employed

The number of Indian seafarers that are working on Indian and foreign-flagged ships has surpassed 150,000 for the first time, with 37,259 getting employment during the last three years, India’s maritime administration, the Directorate General of Shipping, informed.

Explosion at Cochin Shipyard caused by acetylene leak

After an investigation conducted in the drill ship ‘Sagar Bhushan’, which suffered an explosion at Cochin shipyard, it showed that it was probably caused by leakage of acetylene gas. This is the initial investigation which indicated the probable cause, and further investigation will take place in order to definitively determine the cause of the explosion.

Five killed after explosion at Cochin Shipyard

Five workers were killed and dozen others were injured, as a result of an explosion in a ballast tank of a drill ship that was under repair at the Cochin Shipyard on Tuesday. The explosion occurred in a ballast tank of the ONGC drill ship ‘Sagar Bhushan’.

Indian major ports record positive growth 4.58%

The biggest ports in India have recorded a growth of 4.58% and altogether they have handled 560.97 million tonnes of cargo from April 2017 to January, 2018, compared to the 536.41 million tonnes handled during the same period last year.

India considers doubling its natural gas capacity

As of now, India has four terminals receiving LNG and imports 20 million tonnes of the  fuel a year. However, during the course of the next seven years, India plans to build eleven more terminals. If that happens, India will increase its capacity to 70 million tonnes per year.

Indian and Russian shipbuilders ink MoU for eco vessels

Indian Cochin Shipyard Limited has inked a MoU with Russian United Shipbuilding Corporation, to jointly design and develop eco-friendly vessels for inland and coastal waterways. Except for supporting Make-in-India programme, the MoU also enables Indian plans for eco-friendly and economic inland transportation under SAGARMALA.

Two piracy incidents reported to ReCAAP ISC last week

During the period of 23 to 29 January 2018, two incidents of piracy and armed robbery against ships were reported to the ReCAAP ISC. The first incident involves the petroleum product tanker ‘Ocean Mars’ in Indonesia, and the second one concerns the tanker ‘Ocean 1’ while sailing off Alang.

China to remain catalyst for LPG shipping, says Drewry

Provisional numbers for December 2017 put the India’s LPG imports to be around 2.4 million tonnes, which is marginally higher than the 2.3 million tonnes imported by China in the same month, marking the first time that India’s monthly imports were higher than China’s, according to Drewry.

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