Private yacht owners face fines for unauthorized commercial use. New rules enforce strict penalties and require notarized permissions for temporary use.

FirstpostIndia instructs private firm Gesco toshipIranian oilTehran TimesNEW DELHI (Reuters) - The Indianshippingministry has told private company Great EasternShippingCo (Gesco( to supply tankers to import Iranian oil for state-run refiner MRPL, which had to slash imports from Iran in July because the shipper was...Great Eastern won'tshipIran crude unless comfortable with insuranceLivemintIndian shippers wary of government's Iran insurance cover planGulf Timesall 27 news articles »

PRIVATE airlines cannot rely on the government to bail them out in times of financial trouble

THE African National Congress South African government, allied with Communist Party, is talking to private investors in the state-owned airline to ease the burden the company puts on the national budget, Bloomberg reports

STUDIES show transshipment growth at India's smaller private ports such as Krishnapatnam on the east coast and Mundra on the west coast while growth stalls at rival state-run ports

FirstpostIndia instructs private firm Gesco toshipIranian oilTehran TimesNEW DELHI (Reuters) - The Indianshippingministry has told private company Great EasternShippingCo (Gesco( to supply tankers to import Iranian oil for state-run refiner MRPL, which had to slash imports from Iran in July because the shipper was...Great Eastern won'tshipIran crude unless comfortable with insuranceLivemintIndian shippers wary of government's Iran insurance cover planGulf Timesall 27 news articles »

The private yacht named Yiğit K, 16 meters long, caught fire on an unexplained ground in Yalova coasts and was totally burnt in a short time. Two people on the boat were rescued by the Yalova sea policeman.