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CBIC rolls out green channel to speed emergency imports during oil spill crises
In a significant move to bolster environmental protection, the Central Board of Indirect Taxes and Customs has launched a dedicated 'green channel' for swift customs clearance during oil and hazardous spill emergencies. This initiative, driven by a Coast Guard request, aims to expedite the movement of crucial response equipment, thereby enhancing India's preparedness for marine pollution incidents and fulfilling international maritime commitments.
Adani Ports wins 10-year marine services contract for Argentina's first LNG export project
Adani Ports and Special Economic Zone (APSEZ) said that it has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Adani Ports' step-down arm secures 10-year marine services contract for Southern Energy FLNG project
Adani Ports and Special Economic Zone has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking its entry into South America and expanding its international marine services footprint.
Bharat Forge to set up India’s first private-sector marine gas turbine facility in Visakhapatnam
Bharat Forge signs MoU with Andhra Pradesh at Defence Conclave in the presence of Defence Minister Rajnath Singh and CM Chandrababu Naidu, to set up India's first private marine gas turbine repair and development facility in Visakhapatnam, boosting naval self reliance.
India gives one month extension to four Russian insurers
India has temporarily greenlit four Russian insurance firms to maintain marine coverage for incoming ships at its ports. This interim solution allows these insurers to continue operations pending formal clearance. Notably, these companies chiefly protect vessels ferrying Russian oil, aligning with India's goal of diversifying its oil sources and decreasing reliance on Russian imports.