Business Daily from THE HINDU group of publications
Friday, March 6, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1530 hrs (IST)


General
Doelhe Danautic initiates operations in Goa

PANAJI: Doelhe Danautic, part of Peter Doelhe group, on Friday announced its growth plans by initiating operations in Goa.

“The entry into the Goa market would be an addition to our operations in Isle of Man, the UK, Chile, Poland, Ukraine, Romania, Russia, the Philippines, and Mumbai and Delhi in India,” company Managing Director, Mr Daniel Chopra said here.

Mr Chopra said that Goa has tremendous opportunities in the shipping industry as in hospitality, travel and tourism, pharmacy, ship management and manning, and the logistic sector because the land is rich in minerals and ores.

The company has already inked a three-year contract with the Vedanta group's Sesa Goa company to transport coal from Australia to Goa, he said.

“We are also in talks with the Dempo group of companies and Fomento group for cargo handling,” Mr Chopra said. The company also eyes the offshore casino market in Goa.

“We are looking at casino ship management, crewing and technical support,” he said. Goa is the only state to have offshore casinos mounted on the ship anchored in state waters. - PTI

Prev: At $1, Citi share worth just a soft-drink
Next: Geodesic to buyback shares; surges 11% on BSE


Business Line | NUS Index |




The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line