European shipowners welcome the extension of EU Operation Atalanta against piracy

The European shipowners are pleased with the European Council’s decision of 30 July to extent the mandate of EU NAVFOR Somalia Operation Atalanta until 31 December 2020. The objectives of the Operation Atalanta is the deterrence, prevention and repression of acts of piracy and armed robbery off the Somali coast and the protection of the
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The Union Cabinet, chaired by the Prime Minister, has approved the first extension of Concessional Financing Scheme (CFS) to support Indian entities bidding for strategically important infrastructure projects abroad. Details Under the CFS, the government of India has been supporting Indian entities bidding for strategically important infrastructure projects abroad since 2015-16. Since the objectives of
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Because of high oil prices, the CMA CGM Group has decided to maintain the emergency bunker recovery measure to recover this increase*. As a result, as from August 1, 2018 (date of loading in the origin ports) until further notice, this measure, based on the Brent average price in June, will be applied to all
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The Appointments Committee of the Cabinet (ACC) has approved the proposal for extension in the deputation tenure of Mr I. Jeyakumar, IRTS (1997) as Chairman, Mormugao Port Trust (MPT), for a further period of 3 months w.e.f. June 3, 2018, or till the appointment of a regular incumbent to the post, or until further orders,
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