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FOREIGN VESSELS LEASING
Govt allows GIFT City units to lease foreign vessels without need for DGMA permissionThe shipping ministry has granted exemptions for GIFT City entities. These entities can now lease foreign vessels without DGMA permission. ...- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
- 'We need to look beyond the flag of the ship': IFSCA chairperson K RajaramanShip leasing from GIFT City is drawing global attention as India aims to improve its modest 1.4% share of global shipping tonnage. Key comp...
- Sri Lanka declares moratorium on research ships for a year amid Indian concerns over Chinese vesselsChina has been trying to expand its influence in Sri Lanka, which is located on one of the world's busiest shipping routes in what India co...
- Scientists from China and Sri Lanka conduct joint "marine scientific" research onboard Chinese vesselScientists from China and Sri Lanka are collaborating on "marine scientific" activities aboard the Chinese research vessel 'Shi Yan 6' in S...
- India's spying concerns to the fore again as Sri Lanka allows Chinese vessel to carry out 'research'The Sri Lankan foreign ministry said on October 29 that a Chinese vessel has been granted permission to carry out marine research off the i...
- Sri Lanka is allowing a Chinese research ship to dock as Indian Ocean security concerns growA Chinese research ship, the Shi Yan 6, has been given permission to dock at a Sri Lankan port for replenishment, raising concerns in neigh...
- Navy plans to stop Chinese spy ship from entering India's exclusive economic zoneThough it is a known fact that the Yuan Wang-6 is a spy ship of the People's Liberation Army Navy (PLAN), sent to the Indian Ocean Region t...
- India monitors any development in its neighbourhood which has bearing on its security issues: Jaishankar"What happens in our neighbourhood, any development, which has a bearing on our security issues, is of interest to us," Jaishankar said whi...
- Spy ship: Lanka’s financial requirements & China’s promise of package shaped Colombo’s decisionChina is Sri Lanka's biggest bilateral creditor, owning over 10 percent of the island's foreign debt. Beijing's support is essential for Co...
- Yuan Wang Docks in Lanka; will switch off key systemsChinese military survey ship Yuan Wang 5 docked at Hambantota port on Tuesday. Though Lanka's financial needs may have shaped its decision,...
- China silent on details of talks with Sri Lanka as its high-tech ship set to berth at Hambantota port"As you said, Sri Lanka has given Yuan Wang-5 the permission to berth at its port," Chinese Foreign Ministry spokesman Wang Wenbin told a m...
- Sri Lanka allows controversial Chinese ship Yuan Wang 5 to visit port despite India's concernsNew Delhi is suspicious of Beijing's increasing presence in the Indian Ocean and influence in Sri Lanka, seeing both as being firmly within...
- Cash crunch forces military to take equipment on leaseThe maritime force also recently issued a request for information (RFI) to foreign companies for the lease of 24 twin-engine armed light ut...
- Navy may take light utility helicopters on leaseSources said that foreign vendors have been approached by the Navy to understand if such choppers – typically used to transport supplies an...
- New bill proposes allowing foreigners to own upto 49% stake in vessels flagged in IndiaThe ports, shipping and waterways ministry has issued the draft Merchant Shipping Bill, 2020, making way for these changes.
- Chartering ship: ONGC opposes new directiveFlagship explorer Oil and Natural Gas Corporation has protested against a directorate general of Shipping circular which gives owners of In...
- Shipping industry in the midst of rough wavesOn February 14, 2007, Vivek Singh Bist, a 25-year-old officer with Shipping Corporation of India (SCI), had jumped off the ship ‘Desh Shant...
- Shrimp shrinks, tuna new CATCHwordThe foreign trade policy did not spell out any measures for import of suitable tuna fishing vessels.
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