India to Make Cruise Tourism Sail
With its vast and beautiful coastline, virgin forests and undisturbed idyllic islands, rich historical and cultural heritage, India may get some fillip in cruise tourism in the months to come.
Malacca Begins Work for International Port
Soon after China identified Malaysia's Malacca as part of its 21st Century Maritime Silk Route economic belt (MSR), an international shipping port is being planned for the state.
Cheng Ho Maritime Sea Route Inaugurated
Indonesia's Coordinating Maritime Affairs Minister Indroyono Soesilo inaugurated on Saturday the Cheng Ho sea route package aimed at attracting mainly Chinese tourists.
LNG Shipping Rates Nosedive
According to Andrew Buckland, a London-based analyst at Wood Mackenzie Ltd rates to transport liquefied natural gas have declined to about $50,000 per day and will probably go lower before recovering.
No Takers for Vizhinjam Seaport Project
Despite the government of India extending a Viability Gap Funding (VGF) of $ 131 mln (Rs 790 crore) to the $682 mln (Rs 4,089-crore )Vizhinjam International Deepwater Multipurpose Seaport project…
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