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May 25, 2012
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| India Infoline Weekly Newsletter - May 25, 2012 |
| India Infoline News Service/18:41,May 25, 2012 |
| Whether UPA II manages to improve its scorecard in the remaining two years of its term is anybody’s guess. Things have not exactly been rosy for the Congress-led regime, and the biggest victim of the policy paralysis has been the rupee. |
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May 23, 2012
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| No intention of seeking CDR route: Great Offshore |
| India Infoline News Service/14:30,May 23, 2012 |
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May 18, 2012
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| India Infoline Weekly Newsletter - May 18, 2012 |
| India Infoline News Service/19:55,May 18, 2012 |
| Greece also suffered another rating downgrade from Fitch. Meanwhile, Spain too hogged the limelight due to growing concerns over its fragile banking sector.
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May 17, 2012
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| Govt to invest Rs 737.94bn in Port Sector in 12th |
| India Infoline News Service/17:48,May 17, 2012 |
| This information was given by the Minister of Overseas Indian Affair, Vayalar Ravi in a written reply in the Rajya Sabha. |
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| Essar Shipping records profit of Rs 549.8mn in Q4 |
| India Infoline News Service/17:40,May 17, 2012 |
| The Sea Transportation business registered revenue of Rs. 391 crore in Q4 FY2012, up 64% from Rs. 239 crore for the corresponding period in the previous year. |
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May 15, 2012
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| Leighton Welspun close to completing Visag Port project |
| India Infoline News Service/11:23,May 15, 2012 |
| The work undertaken includes: civil, mechanical & electrical works for installation of a suitably designed system for unloading of coal at the rate of 70,000 TPD via 3 ship un-loaders. |
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May 11, 2012
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| India Infoline Weekly Newsletter - May 11, 2012 |
| India Infoline News Service/20:32,May 11, 2012 |
| The RBI’s latest attempt to put a floor under the sliding rupee also failed to work its magic. To add to the misery, the IIP data for March turned out to be another shocker and the eurozone plunged into political turmoil.
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May 09, 2012
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| Bharati Shipyard gets lenders' nod for debt recast: report |
| India Infoline News Service/11:55,May 09, 2012 |
| Reports stated that according to the debt recast agreed upon, 10% of the total fund base limits or term loan amounting to 2.28bn will be converted into equity in next 18 months |
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May 08, 2012
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| Aban Offshore signs contract for deployment of jack-up rig Deep Driller 7 |
| India Infoline News Service/11:53,May 08, 2012 |
| The estimated revenues from the deployment is about US$26.46 mn (equivalent to approx. Rs. 1.40bn. |
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May 04, 2012
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| India Infoline Weekly Newsletter - May 04, 2012 |
| India Infoline News Service/19:09,May 04, 2012 |
| FII inflows, which had promised so much earlier in the year, have evaporated amid concerns over controversial tax proposals. The main indices and the broader indices lost 2-3% this week.
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| Bharati Shipyard launches India’s 1st gen-next Jack-up Rig |
| India Infoline News Service/19:00,May 04, 2012 |
| The rig can operate under adverse weather conditions and is capable of drilling in 350 feet water depth and drilling depth capability up to 30,000 ft with a massive variable drilling payload of 5100 Kips. |
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May 03, 2012
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| Mazagon Dock picks Pipavav Defence as JV partner |
| India Infoline News Service/17:51,May 03, 2012 |
| The announcement by Mazagon Dock Ltd. is pursuant to the Joint Venture guidelines issued by the Ministry of Defence, Government of India, for establishing joint venture companies by Defence Public Sector Undertakings (DPSUs). |
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| Shipping Corporation accepts delivery of m.v. Vishva Diksha |
| India Infoline News Service/09:10,May 03, 2012 |
| These vessels were ordered as part replacement of SCI’s existing Daewoo series Handymax bulk carriers which were built in 1986/87. |
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Apr 27, 2012
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| India Infoline Weekly Newsletter - April 27, 2012 |
| India Infoline News Service/18:02,Apr 27, 2012 |
| FII flows turned weak in April after three months of strong inflows. The GAAR issue, coupled with the controversial Vodafone tax case has prompted FIIs to scale down their activity in local markets.
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Apr 26, 2012
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| Textron Marine & Land Systems to supply 65 MSFV for Afghanistan National Army |
| India Infoline News Service/09:34,Apr 26, 2012 |
| Textron Marine & Land Systems (TM&LS), in May 2011, received an award for full-rate production of 240 MSFVs |
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Apr 19, 2012
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| Shipping Corporation extends contract for 2 MSVs SAMUDRA SEVAK and SAMUDRA PRABHA |
| India Infoline News Service/16:07,Apr 19, 2012 |
| The projected contract value for this Contract for the year 2012-2013 is approximately Rs. 575 million.
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| Essar Shipping bags order from New Sino Oil |
| India Infoline News Service/14:11,Apr 19, 2012 |
| This contract, expected to last initially for about 9 months, includes the option of extending it to drill three additional wells in and around the same area. |
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Apr 16, 2012
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| Shipbuilding & ship repair industry to reach Rs 92bn by 2015: ASSOCHAM |
| India Infoline News Service/18:21,Apr 16, 2012 |
| The global shipbuilding and ship repairing industry is growing at a CAGR of about 24 per cent and is likely to reach Rs 14 lakh crore by 2015 owing to rising global sea borne trade, according to the ASSOCHAM study |
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Apr 13, 2012
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| India Infoline Weekly Newsletter - April 13, 2012 |
| India Infoline News Service/18:07,Apr 13, 2012 |
| This wrong figure was taken because of incorrect reporting by the Directorate of Sugar in the Ministry of Consumer Affairs, Food & Public Distribution. Immediately after detection of the error, the revised IIP numbers and growth rates for January 2012 have been compiled. |
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| Fitch Rates ITNL Offshore's CNY Bonds 'BBB-(exp)' |
| India Infoline News Service/17:33,Apr 13, 2012 |
| The final rating is contingent upon the receipt of final documents conforming to information already received. |
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