India, Maldives to launch ferry service

India's Prime Minister Narendra Modi and Maldives President Ibrahim Mohamed Solih have signed an agreement wherein a new ferry service connecting the two countries will be launched.

  • Published in Ferries

Bumi Armada secures third FPSO project in India

Malaysian offshore energy facilities and services provider Bumi Armada, through joint venture company Shapoorji Pallonji Bumi Armada Godavari (SPBAG), has received a notification of award from Indian state-owned oil company Oil and Natural Gas Corporation (ONGC) for the charter hire and operations of an FPSO vessel.

Mercator sells 2006-built VLCC

Mumbai-based shipping company Mercator has sold a 333- by 60-metre VLCC to an unnamed buyer, the company said in an April 30 filing with the National Stock Exchange of India.

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