THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Wednesday, June 27, 2001

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Logistics

Shipping
Alang to be focus of global summit on ship recycling
THE second global summit on `ship recycling' which is scheduled at the World Trade Centre in Amsterdam would have the ship breaking yard at Alang as its central topic.

Tea industry opposes hike in handling charges
THE Tea Board, Indian Tea Association (ITA), Eastern India Shippers Association (EISA) and Williamson Magor & Co are up in arms against the shipping lines for what they call their ``unilateral decision'' to slap a 22-per cent hike in terminal handling c harges (THCs) on tea shipments through the Amingaon inland container depot (ICD) with retrospective effect from April 1, 2001.

Transport
Rly to seek safety grant to replace overaged assets
THE Railway Ministry will push its case with the Finance Ministry for a safety grant to replace overaged assets. Although the Khanna Committee on Railway Safety had recommended a special grant of Rs 15,000 crore to the Railways, the Finance Ministry has so far not acceded to the Railway Ministry's demand.


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