YEARS
Vol. LX No. 178 th WEDNESDAY 7 OCTOBER 2020
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India finalises Coastal Shipping agreement with Myanmar NEW DELHI: The Indian Army Chief General M.M. Naravane and Foreign Secretary Harsh Shringla on 5th October finalised India’s Coastal Shipping Agreement with Myanmar in a meeting with its State Counsellor Aung San Suu Kyi. Sources said the meeting ahead of the Myanmar general elections, was to finalise the Coastal Shipping Agreement for the launch of the Kaladan Multi-Modal Project and discuss measures to strengthen security ties. The Coastal Shipping Agreement will allow Indian ships to reach Mizoram via Sittwe Port on the Bay of Bengal and through the Kaladan river Multi-Modal link. The project, envisioned by the Vajpayee Government, had been pending for the past 20 years, sources said.
SAL acquires major stake in Intermarine and expands its business in the Americas HOUSTON: A great new venture is ready to set sail. SAL Heavy Lift and Intermarine, two of the most recognized names in the heavy lift shipping arena, are coming together to create a yet unrivalled shipping setup within the Americas Cont’d. Pg. 3 and for cross-Atlantic trade.