Search results for: India

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  • 18 August 2020
    Business development

    Indian Infrastructure magazine is organizing the 11th edition of “Dredging in India” conference as a virtual conference on September 8-9, 2020 (10 am – 4 pm). Over the years, dredging has emerged as a distinct industry due to the growing draught requirements at Indian ports as well as inland waterways. During 2017-18 and 2018-19, dredging […]

  • 3 July 2012

    The Hussain Sagar lake cleaning and catchment area improvement project began four years ago, but so far only 60% work has been completed, The Times of India reports. Though the state government fixed a fresh deadline (March 2013) to complete the project, the authority is likely to miss this deadline too as some major works, […]

  • 16 August 2013
    Business & Finance

    Independence Day was celebrated at Dredging Corporation of India Ltd (DCI) corporate office on Thursday with great enthusiasm. Capt.D.K.Mohanthy, Chairman and Managing Director, Dredging Corporation of India Ltd unfurled the National Flag and conveyed the Independence Day greetings to all the officers, employees and their families. On the auspicious occasion, CMD expressed gratitude to all […]

  • 1 February 2019
    Business & Finance

    Mercator Ltd. has started the arbitrations for claims arising out of wrongful deductions made by DCI from Invoices and damages arising out of the wrongful termination by DCI. It is clarified that the Tribunal has directed DCI to pay nearly 100% of the amounts they had wrongfully deducted from the Invoices, has held that the […]

  • 17 February 2012
    Business & Finance

    Dredging Corporation of India Ltd has announced its Financial Results for the period ended December 31, 2011. The company has posted net profit / (loss) of (Rs.286) million for the quarter ended Dec. 31, 2011 as compared to Rs.96.3 million for the quarter ended Dec. 31, 2010. Total income was at Rs.777.1 million for the […]

  • 7 February 2010
    Research & Development

    Mumbai: With India expected to emerge as a global trade hub over the next few years, an effective port infrastructure is vital to scale up the country’s trade development, global consultancy firm Ernst & Young today said in a report. [mappress] source: DNA, February 7, 2010;

  • 4 December 2017
    Business & Finance

    Iranian President Hassan Rouhani yesterday inaugurated a newly-built extension to the country’s main Arabian Sea outlet – the Chabahar’s Shahid Beheshti Port in the Gulf of Oman. “The North-South Corridor is very important for the region and the world and today we are happy that its first phase has been put into operation and we […]

  • 7 January 2016
    Business & Finance, Equipment, Technology

    Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, has announced a plan to expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port. The expansion of AICTPL will position Mundra as the major transshipment hub in the country providing congestion free and cost effective solution, Adani said […]

  • 26 January 2010

    New Delhi: The Cabinet Committee on Infrastructure is likely to take up the matter of allowing Dredging Corporation of India (DCI) to buy three dredgers at a cost of more than Rs 1,700 crore this week. DCI proposes to purchase the dredgers through international… Source: The Financial Express, January 26, 2010

  • 31 January 2010
    Business & Finance

    Dredging Corporation of India Ltd has announced the financial results for the quarter ended on 31-December-2009. The Net Sales was at Rs.181.21 crores (US$ 38.7 million) for quarter ended on 31-December-2009 against Rs.223.77 crores (US$ 47.7 million) for the quarter ended on 31-December-2008… [mappress] Source: equity Bulls, January 31, 2010;

  • 7 April 2010

    The board of cash-strapped Ratnagiri Gas and Power Pvt. Ltd (RGPPL) plans to cancel a Rs95 crore dredging contract awarded to Gammon India Ltd (GIL) at its liquefied natural gas (LNG) terminal in Dabhol, Maharashtra, when it meets on 7 April… [mappress] Source:mint,April 7,2010;

  • 12 January 2018
    Business & Finance

    Export-Import Bank of India (Exim Bank) has extended a Line of Credit (LOC) of $45.27 million to the Government of Sri Lanka for financing rehabilitation of Kankesanthurai (KKS) Harbor. The agreement was signed in New Delhi on Wednesday, January 10, by Mr. David Rasquinha, Managing Director, on behalf of Exim Bank and Dr. R. H. S. Samaratunga, […]

  • 10 February 2011

      A guest lecture has been organized by Dredging Corporation of India today at its corporate headquarters on “Commercial Contracts – Reading the Fine Print”. Mr. D.V.Subba Rao, an eminent lawyer and former Chairman of Bar Council of India, addressed the officers of DCI and answered their questions after the speech. Mr. D.V.Subba Rao, in his speech […]

  • 7 February 2012

    The Union Shipping Minister, Shri G.K. Vasan has strongly advocated Public Private Partnership (PPP) mode in port investment opportunities in India. Inaugurating “Invest Port”, a conclave on investment opportunities in India in New Delhi today, Shri Vasan said that the maritime sector plays a crucial role in facilitating India’s international trade. Almost 95% by volume […]

  • 19 February 2013

    IHC Merwede has successfully named and launched the 5,500m³ trailing suction hopper dredger, DCI DREDGE XIX, in a ceremony on 2 April 2012 at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. It is building the innovative vessel for Dredging Corporation of India Ltd. The ceremony was performed by Mrs Sunitha Vasan, […]

  • 5 September 2017
    Business & Finance

    Mercator Ltd, one of India’s diversified conglomerates with interests in coal, oil and gas, shipping and dredging, has won a contract for the Director General Naval Project (DGNP) maintenance dredging work in Visakhapatnam. DGNP was established at the Naval Base Vizag for setting up a composite complex consisting of Naval Dockyard, Training School Complex and […]

  • 7 April 2019
    Business & Finance

    Dredging Today brings you an overview of the most popular stories from the past week (April 1-7, 2019).   Work on the Afsluitdijk Project Kicks Off Today Dutch Minister of Infrastructure and Water Management, Cora van Nieuwenhuizen, today (April 1) marked the official start of works on the Afsluitdijk project.   Cottrell Wins $21.8 Million […]

  • 9 April 2010

    Cochin Port Employees’ Organisation (CPEO) has written to the Union Ministry of Shipping to make available the services of government-owned Dredging Corporation of India (DCI) to carry out capital dredging work in Kochi for the International Container Transhipment Terminal (ICTT), the Hindu reported… [mappress] Source:cargonewsasia,April 9,2010

  • 27 February 2020
    Business & Finance

    Chairman of the Paradip Port Trust, Shri Rinkesh Roy, announced today the completion of dredging operations at Mahanadi River Mouth. This work was carried out by a dredger of Dredging Corporation of India Ltd. Chairman, of the PPT during his interaction with the Press today informed that there is a narrow window period between January […]

  • 12 March 2012

    National Safety Week is being observed in Dredging Corporation of India, Visakhapatnam from 4th to 9th March 2012. On this occasion, Capt. D.K. Mohanty, Chairman and Managing Director, DCI, unfurled the Safety Flag at the DCI office premises, and addressed the officers and staff of the corporation. During his address Capt. Mohanty highlighted the high […]

  • 24 March 2016
    Business & Finance, Equipment, Research & Development, Technology

    During the recent EADA (India) conference, which promotes the exchange and development of dredging technology, Royal IHC presented its design for a liquefied natural gas (LNG) powered trailing suction hopper dredger (TSHD). Following the introduction of Emission Control Areas by the International Maritime Organisation (IMO), exhaust gas emission reduction (predominantly sulphur and nitrogen oxides) is more important […]

  • 20 September 2012

    The Parliament Standing Committee on Transport has suggested preparation of a long-term plan for the financing of the Major Ports dredging operations. The Committee noted that execution of dredging projects has not been given due priority and this has affected the capacity of additional dredging programme at the Major Ports, The Hindu Business Line reports. […]

  • 24 January 2014
    Business & Finance, Equipment, Technology, Vessels

    On Thursday 23 January, the 5,500m³ trailing suction hopper dredger, DCI DREDGE XXI, was handed over within the contractual delivery date to Dredging Corporation of India (DCI) at IHC Merwede’s Kinderdijk shipyard in The Netherlands. The Protocol of Delivery and Acceptance was signed on behalf of DCI by Mr YSR Murthy. IHC Merwede designed, engineered […]

  • 1 October 2012
    Business & Finance

    Eredene Capital PLC, the AIM quoted investor in Indian infrastructure, announces that Bay of Bengal Gateway Terminal Private Limited (“BoB”), has withdrawn from the Ennore Project with immediate effect. Eredene and its consortium partners, who are shareholders in BoB, were unanimous in their decision to withdraw from the Ennore Project. Eredene has a 22% shareholding […]

  • 16 February 2010

    GEORGETOWN, Guyana (GINA) — Guyana over the years has been capitalising on its natural resources to maximize its growth and development. As such the Government of Guyana in collaboration with the Government of India has undertaken a feasibility study to determine a possible location for the construction of a deep water harbour in Guyana. [mappress] […]

  • 18 July 2017
    Business & Finance, Equipment, Technology, Vessels

    ECTMarine, a Dutch supplier of dredging components, services and design, has won a tender in combination with Goa based Timblo Shipyards, India, for the delivery of a cutter suction dredger (CSD) for an Indian government agency. Under the agreement, ECTMarine will supply the D&E Package (Design and Equipment) for this project. The D&E package consists […]