(News) MALDIVE – Floating islands project in Maldives launched

https://english.sun.mv/65726 Aproject to develop floating islands in the Maldives has been launched after the government entered into a second agreement with Dutch pioneering company Dutch Docklands. The innovative concept is one introduced by the company...

(News) INDIA – Adani Welspun makes gas discovery offshore India

https://www.offshore-technology.com/news/adani-welspun-makes-gasdiscovery-offshore-india/ Adani Welspun Exploration (AWEL) has made gas discovery in the MB-OSN-2005/2 block in the Tapti-Daman Sector of the Mumbai offshore basin in India. The MB-OSN-2005/2 bloc spans 714.6km² and was awarded to the joint venture...

(News) INDIA – Adani Ports wins Rs310 crore dredging deal from Deendayal Port...

https://www.thehindubusinessline.com/economy/logistics/adani-portswins-rs310-crore-dredging-deal-from-deendayal-port-trust/article34067487.ece Adani Ports and Special Economic Zone Ltd (APSEZ) has won a dredging contract valued at Rs 310 crore from Centre-run Deendayal Port Trust in Kandla, Gujarat.

(News) BAB AL MANDEB STRAIT- Construction of a large runway suddenly appears on highly...

https://www.thedrive.com/the-war-zone/39686/construction-of-a-largerunway-suddenly-appears-on-highly-strategic-island-in-the-red-sea Satellite imagery shows that, earlier this year, construction began on a new, approximately 6,150foot-long runway on Perim, an island right in the middle of the highly strategic Bab Al Mandeb Strait, which links the...

(News) INDIA – India’s top shipping company set to kick off privatization push

https://www.wsj.com/articles/indias-top-shipping-company-set-to-kickoff-privatization-push-11615410951 At least five maritime operators are in talks with the Indian government to buy a majority stake in the country’s biggest shipping company, which could be among the first public entities to be sold...

(News) INDIA – India cannot depend on other countries for freight containers

https://indianexpress.com/article/india/india-cant-be-dependent-on-othercountries-for-cargo-containers-piyush-goyal-7216473/ With the shortage of cargo containers hitting export and other areas of logistics in the country, Union Minister Piyush Goyal said Friday that India should aim to make one million containers and not depend...

(News) OMAN – Oman ranked world’s fastest container handling country

https://timesofoman.com/article/oman-ranked-worlds-fastest-container-handling-country The Sultanate’s ports have been rated as No. 1 in the world in terms of speed of container handling, as per the United Nations Conference on Trade and Development (UNCTAD) annual index 2020. The index,...

(News) INDIA – India to invest $82 billion in port projects by 2035

https://www.hindustantimes.com/india-news/india-to-invest-82-billion-in-port-projects-by-2035-pm-modi-at-maritime-summit-101614696960498.html Prime Minister Narendra Modi on Tuesday said India has identified more than 574 port projects at a cost of 82 billion USD or ₹6 lakh crore for implementation during 2015 to 2035. The Prime Minister...

(News) EAST AFRICA – Conference to showcase business opportunities in multi-billion East African oil...

https://newsghana.com.gh/conference-to-showcase-business- opportunities-in-multi-billion-east-african-oil-gas-expansion/ East Africa’s booming oil & gas sector, with multi-billion dollar projects getting underway this year, is set to create a wealth of opportunities for international manufacturers, traders, contractors, consultants and service providers in...

(News) INDIA – MALDIVES – India, Maldives signs agreements for developing naval harbour, boosting...

https://bharatshakti.in/india-maldives-sign-agreements-for-developing-naval-harbour-boosting-defence/ On Sunday 21.02.2021, India extended a $50-million line of credit to the Maldives for defense projects. The two countries signed an agreement to develop and maintain a key naval facility for the armed forces...