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Alang ship-breakers face Rs 2000-cr hit from Rupee fallEconomic TimesMUMBAI: Asia's biggest ship-breaking yard at Alang in Gujarat is facing rough weather due to rupee depreciation. Ship-breakers are likely to bear a total loss of Rs 2000 crore for the fiscal year as the rupee fell by over 18% in the last seven months. |
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Gujarat customs confident of achieving target of Rs17,920Daily News & AnalysisThe event, which also marked 50 years of Indian Customs Act, 1962, saw who's who of the department in attendance. Jain, talking about achievements of state customs, said that revenue collected by the department has increased from Rs9,000 in 1992-2000 ... |
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MOL offloads five double-hulled tankersLloyd's List Daily Commercial NewsIn addition to the 1995-built, 311625 dwt Atlantic Liberty and 1998-built, 267534 dwt Rion that Lloyd's List Intelligence vessel tracking data show as beached in Alang, India, it has also announced the sale of the 1995- built, 311689 dwt Atlantic... |
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Occupy Port aux BasquesGrand Falls-Windsor AdvertiserBoth are now totally scrapped or near that end at the controversial ship graveyard in Alang, India. Too bad the feds don't get as excited about designing and building ferries in Canada as they are wont to do about navy, coast guard and research ships.and more » |
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