Shipping Vessels Current Affairs, GK & News
The Union Cabinet recently approved the proposal to set up major port at Vadhvan in Maharashtra. The GoI has sanctioned Rs 65,545 crores for the project. Highlights The port is being set up to achieve GoI target of developing infrastructure projects of worth 100 lakh crore rupees. The port will handle 16,000 to 25,000 TEUs ..
Category: Economy & Banking Current Affairs - 2022
The Union Cabinet on 20th November, 2019 approved the proposal for enactment of Recycling of Ships bill, 2019. It also nodded to the Hong Kong International Convention for safe and environment sound recycling of ships. Background India is one of the leaders of ship recycling industry with a share of 30% of the market. According ..
Category: Legal & Constitution Current Affairs
Cochin Shipyard Limited (CSL) has inked Memorandum of Understanding (MoU) with Russian firm United Shipbuilding Corporation (USC) to develop specialized vessels for Inland and Coastal shipping. Both firms will collaborate and engage in Design, Development and Execution of contemporary, state-of-Art vessels for Inland and Coastal Waterways. It will mainly include development of High-Speed Vessels, Passenger ..
Category: India Nation & States Current Affairs