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TRANSCHART
Shipping Ministry may phase out transchart department"The role of the department will have to be redefined. We will also have to figure out ways to support the Indian flag (vessels)," said an ...- Government allows SAIL, RINL to charter ships directly for importsSAIL and RINL at present import around 14-15 million tonnes of coking coal annually," said an official statement following the Cabinet meet...
- SAIL, RINL likely to be allowed to charter ships for importsThe government is likely to allow PSU steel makers SAIL and RINL freedom to charter ships directly for their imports of raw material on lin...
- Time to redefine benchmarks for India’s growing marine sectorAround 95% of India’s external merchandise trade by volume and 70% by value is done through maritime transport.
- New ship acquisitions unlikely to pad up national fleet sizeMost of the new additions are seen as part of reshuffling exercise by shipping companies to make their fleet younger.
- Chartering demand four times India’s fleet sizeIndia's demand for chartering ships is nearly four times its fleet size of 860 ships.
- Shipbrokers queue up for local JVsFor many iconic shipbrokers of international repute, India is the next playground. Soon after London-based Clarksons opened shop in New Del...
- Clarksons to set up base in IndiaLondon-based Clarksons, the world's leading shipping service providers with a dynamic ship-broking heritage are in the process of setting s...
- Shipping min sinks oil PSUs bid to sail freeIn a bid to enable oil PSUs to charter ships directly, the petroleum ministry has suggested setting up of internal chartering cells in oil ...
- Kaiga to begin generating power by month endThe third unit of the Kaiga nuclear plant in Karnataka is expected to begin generating energy by the end of February.
- Oil PSUs’ charter plans on a cruiseThe stage is set for public sector oil companies to charter ships for direct oil imports instead of going through Transchart, an arm of Min...
- Cabinet defers IOC's decision to charter shipsThe Cabinet on Monday held up a decision on allowing the country's largest refiner Indian Oil Corp (IOC) to directly charter ships for crud...
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