Financial Daily from THE HINDU group of publications
Thursday, Jul 21, 2005
Financial Daily from THE HINDU group of publications Thursday, Jul 21, 2005 |
|
|
|
|
|
Logistics
-
Shipping Star Ship plans feeder service between Nhava Sheva, Singapore Our Bureau
Kolkata , July 20 STAR Ship International Malaysia, a Malaysian shipping company, proposes to launch shortly a feeder service between Nhava Sheva International Container Terminal (NSICT) of Jawaharlal Nehru port and Singapore. The company has already identified a 1,000-TEU capacity vessel for the purpose. The port rotation will be as follows: NSICT-Colombo-Port Klang and Singapore-NSICT to be completed in not less than 15-16 days. The Malaysian shipping company, it is learnt, is already in talks with Parekh Shipping for the agency operation. The cargo inducement at NSICT, it is felt, may not be enough to fill all the slots. A 50-per cent support, if available, will be considered adequate. ZIM, the Israeli line, which does not offer any feeder service out of India, but only mainline services, might take 25 per cent of the slots in the proposed service, it is learnt. The types of cargo to be moved out of NSICT might include textiles, yarn, chemicals, steel products and agricultural items. Meanwhile, the success of the Swahili Express Service, launched in India late last year by MacAndrews, the UK subsidiary of the French line CMA CGM, is believed to have led the shipping line to strengthen the service providing fixed-day fortnightly sailings between the Indian sub-continent, West Asia and East Africa. "Cape Bonavista", the 930-TEU vessel, will join CMA CGM's "Karibu" in the service with calls at Karachi, NSICT, Jebel Ali, Dar es Salaam, Mombasa and Karachi on a 28-day round voyage time. "Cape Bonavista" will replace "Hanseduo", and will have a number reefer plugs to support the line's increasing commitment to carrying refrigerated cargo. MacAndrews is also participating in Indamex Service offering fixed-day weekly sailings between NSICT and the US East Coast ports (with one call at Port Said on return leg) and proposes to expand its operation to cover other regions in India.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, 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
|