LOGISTICS
AIRLINES
Lufthansa announces daily flight between Bangalore, Frankfurt
LUFTHANSA on Monday announced that it would take up the open sky offer and operate a daily flight between Bangalore and Frankfurt. "We will definitely take up the open sky offer of the Government and operate a daily flight to Bangalore from ...
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INFORMATION TECHNOLOGY
Telematics has wide applications: Maran
INDIA should be able to extend its excellence in information technology to different areas that use IT in a significant way. Telematics in transportation is one such area, according to the Union Communications and Information Technology Minister, ...
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INFRASTRUCTURE
PLL may divert 2.5 mt gas meant for Kochi to Dahej
PETRONET LNG Ltd (PLL) is understood to be in the process of diverting 2.5 million tonnes of LNG from RasGas, Qatar, meant for Kochi, to its Dahej terminal, expansion of which is on the anvil from the present 5 million tonnes to 7.5 million ...
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SHIPPING
Firm freight rates buoy shipping stocks
A jump in shipping rates this quarter (dry and wet cargo rates) appears to be driving interest in the shipping stocks. The counters of SCI, GE Shipping and Mercator Lines have been ruling firm on the bourses. Analysts maintain that one factor ...
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Tanker freight rates at all-time high
IT will be a `hot' winter for the shipping industry. Usually the surge in winter demand for oil heats up the tanker freight market to its peaks during the coldest months, but even at this time of the year the freight rates, especially for Very ...
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`Ship-breaking units will hurt shrimp hatcheries'
THE proposed ship-breaking units along the Kakinada coast will cause great harm to the ecological balance in the region and affect fisheries adversely, according to the AP Shrimp Hatcheries' Association. In separate statements sent to the Prime ...
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Iranian carrier launches weekly Mumbai-UK service
THE Iranian national carrier, Islamic Republic of Iran Shipping Line (IRISL), has launched a new ex-India independent weekly service from Nhava Sheva (near Mumbai) to the UK , North Continent and West Mediterranean. "IRISL foresees a lot of ...
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Racing ahead
A view of Kochi port, which achieved high productivity on the bulk and break bulk cargo handling in the second fortnight of August. The port achieved an operational level of 9,527 tonnes in steel plates and scrap iron carried by two vessels ...
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TRADE & LABOUR UNIONS
Kochi port trade union plans indefinite strike from tomorrow
THE Cochin Port Staff Association, major trade union in the port, will go on an indefinite strike from Wednesday to protest against the delay in appointing labour trustees on the newly constituted Board of Trustees of the Kochi port. The CPSA ...
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ROADWAYS
Precarious mode
Passengers hang on to these cruiser jeeps on the Bangalore-Pune Highway. Villagers often prefer these private vehicles, as there is no public transport connecting villages along the ...
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