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Monday, July 04, 2005

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Kamal Nath wants air cargo rate cut to boost floriculture exports
THE Union Commerce and Industry Minister, Mr Kamal Nath, said exorbitant air cargo rate was one of the main bottlenecks in the export of floriculture products, and added that he proposed to hold discussions with the international cargo movers to ... More

Foreign airlines hike fuel surcharge
IN response to the recent spurt in oil prices to $60 (Rs 2,640) per barrel, a couple of European carriers and a US airline have announced increases in the fuel surcharge on fares to long-haul and short-haul destinations. According to a ... More

INSIGHT


Indian aviation boom — The myth and reality
For the aviation sector to work, needed is a support system of airports and their infrastructure, trained manpower, passenger amenities, networks of travel agents and Internet penetration for the travellers. More important, there has to be a rise in the per capita income to make air travel affordable. More

SHIPPING


Mercator unlikely to get nod for chartering deal with Norwegian co
Normally, INSA has to verify that there is no Indian tonnage to move the particular cargo. Following pleas from the industry, the DG Shipping is having a re-look at the charter policy, with INSA setting up an expert committee to study the issue. More

Fall in container ship charter rates — Only a summer lull
Could the downturn in container ship charter rates be an indication that the three-year rally in container shipping finally might be levelling off? Perhaps not. If anything, the present weakness is a flash and the rates are likely to bounce back. More

Yards chock-a-block with orders
SHIPBUILDING has never been rated high up in the corporate ladder, say along with those in the genre of telecommunications, information technology or even energy, especially in India. And no one really expects the ... More

Bid to attract more cargo to New Mangalore port
TO attract more container cargo to New Mangalore Port, the Central Warehousing Corporation (CWC) has offered certain concessions to importers and exporters for utilising the services of container freight station (CFS) in the port premises. The ... More

Tughlakabad-Vizag Concor service
CONTAINER Corporation of India has decided to run weekly common user services between Tughlakabad inland container depot (ICD) and Visakhapatnam port till the end of August 2005. The services will be available at Tughlakabad every Wednesday ... More

  • Move to reduce ferry mishaps
  • LNG plants
  • Dry bulk freight slide continues
  • Inadequate security effort by ports
  • Eco-containers

    RAILWAYS


    IRFC raises Rs 1,200 crore via loans, bonds
    INDIAN Railway Finance Corporation (IRFC) has raised Rs 1,200 crore from the market, with Rs 700 crore in the form of bank loans and Rs 500 crore through the bond route. While Rs 700 crore has been raised from five ... More

    ROADWAYS


    South Gujarat in troubled waters
    THE movement of goods in South Gujarat, one of the major industrial belts in the country, has been hit severely by the floods caused by incessant rains in the last five days. While the roads network in the entire State ... More

    APSRTC strike today
    HYDERABAD: With the talks between the Joint Action Committee representing the employees of the Andhra Pradesh State Road Transport Corporation (APSRTC) and the State Government making no headway on Sunday, the former has decided to strike ... More


    Ships in Ports


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