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Jun 14, 2013
India Infoline Weekly Newsletter - June 14, 2013
India Infoline News Service/20:32,Jun 14, 2013
A strong pullback on Friday could not prevent key indices from extending their losing streak for the fourth consecutive week.
Eredene Capital exits port operator Ocean Sparkle
India Infoline News Service/09:00,Jun 14, 2013
The Eredene Group has sold its stake in port operations and marine services company Ocean Sparkle.
Jun 13, 2013
ABG Shipyard wins D&B “Ship Building Company of the Year” award
India Infoline News Service/15:26,Jun 13, 2013
S.K. Dutt, ABG Group said, We are extremely honoured to receive this prestigious award.
Shipping industry outlook will remain negative: Moody's
India Infoline News Service/11:20,Jun 13, 2013
Moody's outlook for the product tanker segment is more favourable.
Jun 12, 2013
Global Offshore subsidairy bags 4 year conract @ Rs.28cr/yr
India Infoline News Service/14:45,Jun 12, 2013
The order is won by the vessel operated by the company's subsidiary Garware Offshore.
Canada chooses ThyssenKrupp Marine Systems
India Infoline News Service/13:37,Jun 12, 2013
ThyssenKrupp Marine Systems will prepare design package which Canada will provide to Vancouver Shipyards Co.
Jun 11, 2013
Adani Ports raises Rs. 10bn via institutional placement
India Infoline News Service/11:40,Jun 11, 2013
The company via a resolution dated June 05, finalized the issue price of Rs 150 per equity share. Pursuant to this the company has issued 66,657,520 equity shares of face value of Rs 2 each, at a premium of Rs 148 a share.
Jun 07, 2013
Pipavav Defence appoints Rajiv Sarman Shukla as CEO
India Infoline News Service/16:07,Jun 07, 2013
Pipavav Defence and Offshore Engineering Company Ltd has announced that Rajiv Sarman Shukla has been appointed as the Chief Executive Officer of the Company.
Adani Ports allots equity shares at an issue price of Rs. 150/- per Equity Share under IPP
India Infoline News Service/15:00,Jun 07, 2013
Adani Ports and Special Economic Zone Ltd has informed BSE that the Meeting of Finance Committee of Board of Directors of the Company held on June 07, 2013, has by a resolution dated June 07, 2013 has allotted 66,657,520 Equity Shares to successful applicants at an issue price of Rs. 150/- per Equity Share
GAIL and SCI join hands for LNG Shipping
India Infoline News Service/13:50,Jun 07, 2013
Under the MoU, both GAIL & SCI shall cooperate for transportation of 5.8 MTPA of LNG being sourced by GAIL from Sabine Pass and Cove Point terminals in USA.
Jun 06, 2013
Great Eastern Shipping delivers 'Jag Ravi' to buyers
India Infoline News Service/16:56,Jun 06, 2013
With the delivery of this vessel, the Company's current fleet stands at 29 vessels, comprising 21 tankers (9 crude carriers, 11 product carriers, 1 LPG carrier) and S dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.2 years aggregating 2,43 mn dwt.
Jun 05, 2013
Essar Ports OFS gets weak response
India Infoline News Service/10:52,Jun 05, 2013
The OFS was subscribed at an indicative floor price of Rs 77 per share
Mundra Port handles largest container ship in India
India Infoline News Service/09:11,Jun 05, 2013
Mundra Port, the flagship port of Adani Ports, ranks 2nd amongst Indian ports in terms of total cargo handled during financial year 2013
Jun 04, 2013
Aban Offshore plans to raise Rs45bn: reports
India Infoline News Service/12:31,Jun 04, 2013
Currently, the company has a total debt of more than 13,000 crore.
G E Shipping delivered “Jag Preeti” to the buyers
India Infoline News Service/12:15,Jun 04, 2013
With the delivery of this vessel, the Company’s current fleet stands at 30 vessels, comprising 21 tankers
May 31, 2013
India Infoline Weekly Newsletter - May 31, 2013
India Infoline News Service/18:41,May 31, 2013
With inflation falling below the 5% mark in April, rate cut expectations appears to have risen. But the RBI governor was quick to dismiss it citing high CPI inflation and upside risks to it. He went on to add that some growth sacrifice is inevitable to rein in inflation.
May 30, 2013
Allcargo Logistics Q4 net profit dips 73%
India Infoline News Service/12:54,May 30, 2013
Total revenue of Rs. 975.5 crore for the quarter ended March 31, 2013, as against Rs 886.4 crore for the corresponding previous period, an increase of 10%
Essar Shipping OFS price fixed at Rs77
India Infoline News Service/10:20,May 30, 2013
Essar Shipping & Logistics Limited (the "Seller) (the "Promoter) has announced that the floor price for the Sale Shares shall be Rs. 77 (Rupees Seventy Seven) per Sale Share of Essar Ports Ltd. (the "Floor Price").
May 29, 2013
MARG Karaikal Port & MSRF jointly organises Career Guidance Programme 2013
India Infoline News Service/15:20,May 29, 2013
Capt. Ramesh, Chief Operating Officer, MARG Karaikal Port said, Our strategic collaboration with MSSRF has been continuing since 2011 and is aimed towards holistic development in this region.
May 25, 2013
CONCOR profit-after-tax stands at Rs. 9.3bn; up 7.5% YoY
India Infoline News Service/16:19,May 25, 2013
Container Corp. of India profit after tax (PAT) stands at Rs. 9.31bn from last year's 8.66 bn which is up 7.5% YoY
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