Vol. XIII Issue no.55
Chennai, Feb 7 , 2012
New Kochi-China weekly schedule to save cost, time
Kochi, December 20: Close on the heels of its successful commencement of service to Europe last month, the International Container Transhipment Terminal (ICTT) at Vallarpadam witnessed the introduction of another weekly direct NCS/NCX service of MOL ,OOCL and Samudera to Chin
Six global container lines join hands to start mega Far East-Europe service
Chennai, December 20: Six leading global container shipping lines have agreed to create one of the largest container ship networks in the Far East-to-Europe trade lane. The alliance will bring together members of the New World and Grand Alliances to create the G6 Alliance.
While t
Continental Terminals to set up 18 facilities in 5 years
Hyderabad, December 21: Continental Multimodal Terminals Ltd, part of the logistics solutions provider NDR Group, is in the process of setting up three terminals — at Chennai, Ahmedabad and Panipet — at a cost of Rs 300 crore in the next 12 months.
The company, which set up
Emirates tour packages for Dubai Shopping Festival 2012
Kochi, December 16: Dubai-based airline Emirates has introduced packages starting at Rs 27,290 to Dubai for its Kochi travellers, in connection with the 16th Dubai Shopping Festival, an annual event being hosted between January 5th to February 5.
The airline is offering a variety of land pack
X-ray machine to scan box cargo soon at Chennai port
Chennai, December 5: An x-ray machine to scan cargo in containers will be soon be installed at the Chennai port. A similar machine is in place in Nhava Sheva for the last ten years, said a senior official of the Chennai Customs without giving the exact date of installation.
A truck load
SriLankan Airlines to start direct services to Madurai
Madurai, December 5: The Tamil Nadu Chamber of Commerce and Industry has secured an assurance from SriLankan Airlines that it would introduce direct flight from Sri Lanka to Madurai, most probably from January 15. (Pongal).
The assurance was given by Mr Nishantha Wickramasinghe, Chairman of S
Govt to award 23 port projects worth Rs 16744 cr this fiscal
New Delhi, December 2: The government said it will award 23 port projects worth Rs 16,744 crore during the current financial year in an attempt to increase the port capacity in the country by about 237 million tonnes per annum.
The government has identified 23 projects for award during the cu
Shipping min considers tribunal to settle disputes
New Delhi, November 28: As states’ reluctance to setting up an independent regulator for ports is unlikely to end in the near future, shipping ministry is considering an alternative route. The ministry is internally discussing establishment of a tribunal that would act as a quasi-j
ABG-LDA plans door-to-door cargo handling solutions
Kolkata, November 26: ABG-LDA Bulk Handling Pvt Ltd - a joint venture between Mumbai head-quartered ABG Group and French logistics major, Louis Dreyfus Armateurs (LDA) - is planning to launch door-to-door dry-bulk cargo handling solutions through Vizag, Tuticorin and Haldia ports.
The c
Tatkal reservation period reduced to 24 hrs
New Delhi, November 11: Plagued by increasing number of complaints in Tatkal booking scheme, the Railways today decided to reduce the advance reservation period of the scheme from two days to one day as part of measure to prevent misuse of the facility.
Besides, the restriction for agen
India shipping regulator proposes logistics firm
Mumbai, November 3: India's shipping regulator has proposed to set up an inter-modal logistics provider with state-run Shipping Corp of India, Container Corp of India and Central Warehousing Corp of India as shareholders, a top official told reporters on Thursday.
The state-run firm, to be kn
Emirates to connect Hyderabad with new destinations in US, Russia
Hyderabad, October 25: Airline operator Emirates plans to add new destinations in the US and Russia from Hyderabad via Dubai in the next few months, anticipating a pick up in demand growth after a brief period of sluggish market in the last few weeks. Immediately on its radar are daily service
Air India Express to link Muscat with Kochi and 2 other cities
Dubai, September 20: Beginning October 31, Air India Express will operate direct flights from Muscat to three new destinations in Kerala, as well as increase the number of flights from the Gulf to the country.
The direct flights to Kozhikode, Thiruvananthapuram and Kochi are bound to he
IndiGo commences Singapore flight
Singapore, September 16: Low cost air-carrier IndiGo on Thursday commenced its daily direct flight service between Delhi and Singapore. IndiGo said it would operate daily-direct flight services between Singapore-Delhi and Delhi-Singapore at an affordable return fare of SGD 276 or INR 9,9
Govt proposes finance firm to develop airports
New Delhi, September 6: The civil aviation ministry proposes to set up an aviation finance company on the lines of Power Finance Corp after facing resistance from banks on financing at least 100 new regional airports. The proposal has to be approved by the finance ministry and the cabinet, sai
Finnair serves seven more Indian cities in pact with Kingfisher
New Delhi, August 28: Nordic carrier Finnair has added seven more destinations in India to its network, apart from flying directly to the national capital, thanks to the partnership with Vijay Mallya-led Kingfisher Airlines.
"We offer morning connections to Finnair's vast European network of
Tariff at major ports to be linked to efficiency
New Delhi, August 27: In a move that would impel India’s large public sector ports to improve efficiency and give an impetus to foreign trade, the government is considering doing away with the practice of port tariff determination on a cost-plus basis. Instead, tariff would be linked to
Customer facilitation centre opened at Kochi port
Kochi, August 19: The new Customer Facilitation Centre of the Cochin Port Trust was inaugurated by Mr Vijay Kalsi, Commissioner of Customs, in the presence of Mr Paul Antony, Chairman, Cochin Port Trust. The facilitation centre will serve as a single-point contact to provide custom
CFO levies additional charge at Chennai port
Chennai, August 17: The entire trade using the private container terminals at Chennai port will spend an additional Rs 1.5 crore every day due to the ‘Chennai Trade Recovery' imposed by the Chennai Feeder Operators (CFO) from August 15, levying a charge of $75/TEU (20-foot equivale
Draft new Ports Act ready for Cabinet approval
New Delhi, July 24: The Ministry of Shipping has prepared, for Cabinet’s approval, a draft of a proposed new Ports Act amalgamating the existing two statutes governing the sector into a single piece of legislation and may soon send the proposal to Cabinet for approval, a PTI releas
Major ports' traffic jumps 5.22% in Q1
Chennai, July 19: Traffic at major ports in the first quarter increased to 146.5 million tonnes as against 139.2 mt in the same period last year. The growth was despite the fact that export of iron ore and import of finished fertiliser dropped significantly in the first quarter. “It is a go
Railways to roll out new e-ticketing service
New Delh,i July 5: Indian Railways is all set to roll out its own e-ticketing service, which will have no room for travel agents and will be reserved for individual users. "Unlike the e-ticketing service of IRCTC, the new service by Indian Railway will have no role of travel agents
Damages for delay in delivery of air cargo
The National Consumer Commission has awarded compensation to a Delhi firm, Registan Exports, whose consignment of garments and precious stones were delivered in Paraguay after a two-month delay by Air France. The consignment was for the Christmas season, but the goods sent in November reached the de
Tuticorin to Colombo ferry service from June 13
Chennai, June 11: A regular ferry service between Tuticorin and Colombo will commence on June 13 from the port town of Tamil Nadu. The Shipping Minister, Mr G.K. Vasan, will launch the service that hopes to boost trade and tourism between India and Sri Lanka after the war in the island country
VPT to spend Rs 2,000 cr to boost capacity
New Delhi, May 16: The Vizag Port Trust (VPT) will award contracts worth Rs 2,000 crore in the current fiscal for mechanisation and dredging to help augment the capacity of India's second-largest port by 36%. While six projects would be taken up to develop berths through public-private p
Chennai Container Terminal tariff cut 35%
Chennai, May 12: The Tariff Authority for Major Ports (TAMP) has effected an across-the-board 35 per cent reduction in the Chennai Container Terminal's tariff. This is in contrast to a 13.77 per cent hike that the private container terminal operator belonging to DP World, Dubai, ha
Major ports handle 6.3% more cargo in April
New Delhi, May 8: Major ports in India – ports under the Union Government's jurisdiction – handled 49.55 million tonne (mt) of traffic in April, registering 6.27 per cent growth against the same period last fiscal. The ports carried 4.42 mt of incremental cargo supported to a
Kochi Port reduces licence fee for storage of imported timber logs
Kochi, May 4: The Kochi Port has decided to extend a 50 per cent discount in licence fee for exclusive storage of imported timber logs on an experimental basis for a period of one year. The discount is proposed to be reimbursed to the licencee once the quantum of import reaches 1,3
Indicon Logistics plans Rs 500-cr investment in box manufacture
New Delhi, March 31: Indicon Logistics Ltd, a wholly-owned subsidiary of Karam Chand Thapar Group, plans to invest Rs 500 crore in the next three years, in setting up container manufacturing facilities, container-related logistics infrastructure such as container freight stations and inland co
VOC Port achieves record container handling
Madurai, March 22: Tuticorin Port, known as V.O. Chidambaranar (VOC) port, has achieved an all-time record in handling containerised cargo at its terminal as on March 21. According to Mr A. Subbiah, Port Chairman, in the current financial year, the terminal has handled 4,50,8
Adanis to invest Rs 300 cr on coal import terminal at Vizag
Ahmedabad, March 22: After Gujarat and Goa, the Adani Group's port development arm will now expand operations to the east coast of India where it will invest over Rs 300 crore on setting up a 6.5 million tonnes a year (mtpa) coal import terminal at Visakhapatnam port in Andhra Pradesh, to be c
India to fly more direct flights to Brazil
New Delhi, March 8: Airlines from India would now be able to operate direct flights to Brazil as part of the new Bilateral Air Services Agreement (ASA) signed on Tuesday.
As part of the agreement, both India and Brazil would be able to designate any number of airlines for operating flig
SCI to acquire 110 vessels by 2020: Vasan
New Delhi, March 8: Shipping Corporation of India plans to acquire 110 vessels of 5.21 million gross tonnage (GT) at an estimated cost of Rs 27,668 crore in next 10 years, Parliament was informed today. Among these vessels, the Shipping Corporation is likely to place orders for 26 vessel
Freight rates on iron ore raised by Rs.100 /tonne
Mumbai, March 3: The Indian railways raised freight rates on iron ore meant for exports by 100 rupees per tonne to 1,600 rupees, effective Thursday, it said in a statement. The announcement came after India hiked export duty on fines and lumps to 20 percent in its annual budget for
Shipping ministry mulls over new regulator for ports
New Delhi, February 15: Ports in India may soon be able to fix their own market based tariffs for higher returns, with the Shipping Ministry mulling doing away with the Tariff Authority for Major Ports and bringing in a new regulator for the sector.
“Major ports feel that they are
Cargo shipping service to Colombo resumes
Tuticorin, February 12: Cargo shipping service between Tuticorin and Colombo resumed today after a gap of three years with the shipment of 330 tonnes of commodities from here.
M V N Raj TPN 241 left for Colombo from the old port here carrying goods including onion, potato, corn, and tur
Cathay Pacific to boost cargo carrying capacity in Asia
New Delhi, February 6: Hong Kong-based Cathay Pacific airlines is all set to boost its cargo carrying capacity in the Asian region, including India, after creating a joint venture with the behemoth Air China Cargo company recently. The airline is also looking forward to enhance its
Working group for air cargo sector set up
New Delhi, January 28: A working group on air cargo/express service Industry under the Civil Aviation Economic Advisory Council has been set up in the Ministry of Civil Aviation. The move follows the decision taken in the first meeting of the council held on December 13, 2010 and a
Ports' cargo handling capacity tops billion tonnes
Chennai, January 28: The aggregate cargo handling capacity at the country's ports has crossed the one-billion-tonne mark following the inauguration of three ports at Ennore Port Ltd today.
The Union Shipping Minister, Mr G.K. Vasan, said that with this strong foundation, ‘we are t
KoPT to create new port facilities
Kolkata, January 18: Kolkata Port Trust (KoPT) has lined up Rs 6000 crore investment in new port facilities to tide over the crisis of dwindling cargo from the eastern port.
"New port facilities at Sagar, Diamond Harbour and Haldia dock II will require total investment of Rs 6,000 crore and w
Emirates slaps fuel surcharge on general cargo
Chennai, January 17: Emirates Airlines, one of the largest air cargo operators in India, has imposed a fuel surcharge for all general cargo shipments out of India. This is due to increase in the global fuel price and is based on a fuel index, according to its Senior Vice-President, Cargo
Plan to set up Logistics Corporation
Mumbai, January 5: There is a proposal for a `Logistics Corporation of India' to be created jointly by three public sector undertakings, viz., Shipping Corporation of India, Concor and Central Warehousing Corporation of India, according to the proposal made by an expert group headed by t
Gateway Rail to invest Rs 25 cr to up cargo handling capacity
Chandigarh, December 31: Container train operator Gateway Rail Freight Limited will infuse Rs 25 crore to boost its container handling capacities at Sahnewal in Ludhiana, even as the logistic provider aims to clock total business volume of Rs 1,500 crore in 2010-11. “The new
Airlines told to provide route-wise fares on Web site
New Delhi, December 6: From Wednesday, travellers can check route-wise air ticket prices on the Internet across the airline network. Each airline's Web site will have to provide airfares for every route, with details of how much the airfare will be in case the tickets are booked in advance.
T
Aegis Logistics to develop two oil terminal complexes
Mumbai, November 24: Aegis Logistics will invest Rs 430 crore to set up two oil terminal complexes, one at Pipavav port in Gujarat and the other in Haldia port in West Bengal.
The company has signed an agreement with Gujarat Pipavav Port to sub–lease about 100 acres to set up a 6-lakh
Bharati Shipyard to buy 51% in Chennai-based Tebma
Mumbai, November 22: Bharati Shipyard has agreed to acquire 51 per cent equity stake in the Chennai-based Tebma Shipyard for Rs 75.75 crore. With the deal, Bharati Shipyard will get management control in the South-based company. Currently, ICICI Venture holds a 53 per cent stake in
Shipping Corp launches new service
Kolkata, November 18: The Shipping Corporation of India is to shortly launch a new service between the Indian sub-continent and East Africa, according to company source. The service, to be called ISEAFR, will commence from Colombo on November 27. The port rotation will be Colombo-Dar Es
CCD enters Logistics space
Bangalore, November 15: The real estate venture of Siddhartha of Café Coffee Day (CCD), Tanglin Retail Realty Development, has picked up a 10% stake in Sical Logistics, promoted by MAC group. Tanglin Retail bought the stake of nearly 40 lakh shares through open market purchases on
Concor to raise tariff for nine commodities
New Delhi, November 2: Container Corporation of India (Concor) has decided to increase rail haulage charges for nine commodities from December 1, following a Railway Ministry decision to increase the fee for the products. The goods are cement other than white cement, foodgrain, che
Austrian Airlines to operate 5 flights from Mumbai
Mumbai, November 2: The European carrier, Austrian Airlines, which had pulled out of Mumbai during the global economic crisis, now, as part of its expansion plans in India, has also increased the frequency on its Delhi-Vienna flight to six from five in the winter schedule. “Compare
Second check-in bag to cost $50 extra on flights to US
New Delhi, October 29: From November 15, the world's largest airline, Continental, and German major Lufthansa will stop allowing economy passengers to check in two bags, weighing up to 23kg, free of cost. Instead, they will levy a $50 charge on the second bag and a similar fee for each s
Allcargo Global picks up majority stake in HK-based cos
Mumbai, October 25: Allcargo Global Logistics Ltd announced BSE on Monday that the company through its step-down wholly owned subsidiary, has acquired business rights and controlling stake in Hong Kong-based companies engaged in NVOCC business in China and other parts of eastern regions.
The
B'desh agrees to give India access to two ports
New Delhi, October 24:Bangladesh has agreed to give India access to its Chittagong and Mongla ports. This move will help in enhancing the economic engagement and trade between Bangladesh and the entire eastern and north-eastern India. This will also increase investment and joint ventures betwe
Etihad Airways' free visa offer
Kochi, October 20: Etihad Airways will be offering free visas to people travelling from Kochi, Thiruvananthapuram and Kozhikode airports to Abu Dhabi. This was part of a special promotion of the airline's visa processing service launched with TT Services in May this year, reports B
Major ports' iron ore exports down 14.2% in H1
Chennai, October 19: Karnataka's ban on iron ore exports coupled with sluggish Chinese demand has resulted in a 14.20 per cent drop or nearly six million tonnes (mt) in iron ore handled at major ports in the first half of the current fiscal ending September 31, 2010, as against the same
CCI approves development of Mega Container Terminal at Chennai Port
New Delhi, October 12: The Cabinet Committee on Infrastructure (CCI) has approved the project 'Development of Mega Container Terminal at Chennai Port on Design, Build, Finance, Operate and Transfer (DBFOT) basis’ under Public Private Partnership (PPP) mode with a concession period
SCI to hike container freight
Mumbai, October 12: Shipping Corporation of India will increase container rates on the India–Europe sector by $200/TEU from November 1, terming it as a ‘rate restoration' to meet the operational cost and make the service viable.
The average rate in the sector is around $1,00
TT Logistics enters custom bonded trucking biz
Chennai, October 11: TT Logistics, a part of the diversified conglomerate TTK Group, has forayed into custom bonded trucking business with an investment of Rs 10 crore.
‘The initial investment will be Rs 10 crore for the new business. We will provide door step facility and will ha
UDF in Hyderabad airport hiked
Hyderabad September 28: GMR Hyderabad International Airport Ltd (GHIAL), which operates the airport, has increased its User Development Fees (UDF) to the extent of Rs 80 for domestic passengers and Rs 749 for international passengers with effect from November 1, which coincidentally happ
SCI lines up Rs.18,800 cr to double cargo capacity
Mumbai, September 12: Shipping Corporation of India will invest up to $4 billion (nearly Rs.18,800 crore) in the next four years to double its total cargo capacity to 10 million DWT. “It will be 6 million in a year’s time and around 8 million in the next three years,&rd
India-Seychelles air link to resume from Nov 1
Chennai, September 8: After a gap of 29 years, Air Seychelles will commence a weekly ‘hop’ service to Chennai from Seychelles’ largest island Mahe on November 1 in the present Mahe-Singapore route, according to Mr M.S. Sai, Honorary Consul, Republic of Seychelles, Chenn
Kolkata Port changes licensing fee for transit cargo
Kolkata, September 7: Kolkata Port Trust (KoPT) has changed the rules for collecting licensing fees on storage of transit cargo in the yards and sheds of the Kolkata Dock System (KDS).
According to the new rules, the storage of transit cargo for the first 30 days will be charged fees at norma
Foreign airlines not liable to deduct TDS on navigation charges: SC
New Delhi, September 3: In a breather to foreign airlines, the Supreme Court has held that charges paid for cargo service, route navigational facility (RNLC) and termination navigational landing (TNLC) and hotel stay to Airport Authority of India (AAI) do not amount to ‘rent’ and,
Tuticorin port handles 10 mt traffic in April-Aug
Thoothukudi, August 31: The Tuticorin port handled 10 million tonnes (mt) of traffic in the first five months (April-August) of the current fiscal, with the major items being rock phosphate, potash, edible oil, timber logs, industrial coal, ilmenite sand, garnet sand, salt and containers
Shipping Trade Practices Bill yet to be finalized
New Delhi, August 31: The Shipping Trade Practice Bill, aimed at bringing transparency and uniformity in maritime logistical trade practices in the country, is languishing in the shipping ministry. In its current form, the Bill has limited scope — it will cover only container
GlobalLogic mulls additional delivery site in Eastern Europe
New Delhi, August 22: GlobalLogic, Inc, a provider of software R&D services, said it will set up a new office in either Brazil or Chile in the next one year, given the uptick in demand for product development from Latin America. The company has a large set-up in Argentina, wher
Arshiya International opens FTW
Mumbai, August 18: Arshiya International Ltd has informed BSE that the country’s first Free Trade Warehousing Zone developed by the company near Panvel, Mumbai, has become operational with effect from August 18, 2010.
Maersk Line's weekly service links Chennai to Far East
Kolkata, August 18: Maersk Line has announced the launch of its new Far East – Chennai weekly service, also covering Visakhapatnam. To be known as Chennai Express (CHX), the service will start from Shanghai on September 14, according to company sources. The port rotation will
New Chairman of ChPT
New Delhi, August 17: The Government has appointed Shri Atulya Misra, IAS (TN:88) as Chairman, Chennai Port Trust, for a period of five years with effect from.the date of assumption of charge of the post or until further orders, whichever is earlier.
Shri Misra is presently posted as Secretar
Ennore port to build container terminal
Chennai, August 14: Ennore Port on Friday signed a concession agreement with the Bay of Bengal Gateway Terminals to develop a Rs.1407-crore container terminal on BOT basis. The concession agreement will be for 30 years. The construction of the terminal will start in January and wil
Bangalore is FedEx's global hub for South
Bangalore, August 12: Express transportation major FedEx Express has started a new direct international flight service from Bangalore to the West. Bangalore is now its South Indian hub for international shipments and the third Indian gateway after Delhi and Mumbai. &nbs
Major port traffic growth drops to 2% in Apr-Jul
New Delhi, August 9: The 12 major ports of the country have registered a meagre 2.02% growth during April-July 2010 with the traffic touching 184 million tonnes (MT)
from 180 MT last year for the same period.
Of the cargo that the ports handled during the period, iron ore has displayed
DGCA spells out criteria for compensation for flight delays
New Delhi, August 6: The new directive on compensation to flyers in case of flight delays, cancellation or being denied boarding issued late on Friday state that the protection shall be provided to passengers travelling not only on scheduled flights but also on non-scheduled flights and foreig
Kochi port trade unions plan to go on strike from Aug 11
Kochi, August 5: The Trade Union Coordination Committee, a combine of trade unions at the Cochin Port Trust, has issued a notice to go on strike from August 11 demanding, among other things, continued operation of the Rajiv Gandhi Container Terminal to service coastal cargo, combi vessel
Allcargo plans to double export handling capacity
Mumbai, August 4: Multi-modal transport solutions provider, Allcargo Global Logistics, on Wednesday said it plans to double its export handling capacity to
4,000 TEUs (Twenty-foot Equivalent Units) per month from the Mundra Container Freight Station (CFS) after the commissioning of the
Allcargo plans to double export handling capacity
Mumbai, August 4: Multi-modal transport solutions provider, Allcargo Global Logistics, on Wednesday said it plans to double its export handling capacity to
4,000 TEUs (Twenty-foot Equivalent Units) per month from the Mundra Container Freight Station (CFS) after the commissioning of the
Adanis to buy Korean ships to import coal
Ahmedabad, August 3: The Adanis are to acquire two new ships from South Korea by December for bringing in coal from Australia's Galilee Basin for which they have entered into an agreement with Link Energy Ltd.. The Adani group that has been bringing in imported coal through chartered ve
SCI to raise Rs 2,600 cr to buy 29 new vessels
Mumbai, August 3: State-run Shipping Corporation of India (SCI) plans to raise Rs 2,600 crore debt this fiscal to buy additional 29 vessels, by the end of this financial year, which will lead to an addition of 1.72 million DWT (dead weight tonnage) to its existing fleet. The order includes fou
2 more airports to charge EDF from Aug
New Delhi, July 30: International passengers travelling from Thiruvanthapuram will have to pay an additional Rs 755 for their flight from Sunday. Domestic and international travellers from Ahmedabad will have to pay an additional Rs 110 and Rs 415 for each flight from August 16.
T
Airlines to close its check-in counters 40-mins prior to dep
Mumbai, July 21: In conformity with civil aviation regulator DGCA's guidelines on reducing flight delay, private carrier Kingfisher Airlines will close its check-in counters for domestic flights 40 minutes prior to departure. With effect from midnight on July 20, the check-in counters fo
First direct India-Australia air link by Oct-Nov
New Delhi, July 15: The first direct air link between India and Australia would be established by Air India when it launches non-stop flights from Delhi to Melbourne by October-November this year. Using the plush integrated Terminal-3 (T3) at the Indira Gandhi International Airport here
Apollo LogiSolutions plans to set up CFSs and ICDs
Mumbai, July 11: Apollo LogiSolutions (ALL), a fully owned subsidiary of Apollo International, plans to invest up to Rs 1,300 crore in the logistics business over the next five years, a top company official said. “We plan to invest around Rs 1,200-1,300 crore in this business by 20
DHL begins direct Nhava Sheva-Los Angeles LCL service
Singapore, July 8: Global logistics handler DHL has launched its new direct Less than Container Load (LCL) service from Nhava Sheva in India to Los Angeles. Operated by Danmar Lines, DHL’s in-house carrier, the new service will facilitate trade between India and the US and offer cu
India’s infrastructure sector needs $90 bn in 5 years: Kamal Nath
Kolkata, July 2: Road Transport and Highways Minister Kamal Nath Friday said India’s infrastructure sector needs $90 billion investment in the coming five years. “We are seeing a lot of interest in investment in infrastructure sector in India. The demand is there for ro
Addl. dredging at Kochi port for entry of Vallarpadam project vessel
Kochi, July 1: The Kochi port has requisitioned additional dredging to enable entry for the vessel carrying quay cranes for the proposed Vallarpadam project on schedule. Although the contractor had deployed three dredgers of 14,300 cu m capacity, an unexpected hard patch 35 m wide
Higher berth charges at Chennai mega box terminal approved
Chennai, June 27: The Tariff Authority for Major Ports (TAMP) has cleared upfront tariff for the Rs 3,686-crore Mega Container Terminal, being proposed at the Chennai port. The MCT, which is still in the RFQ (request for qualification) stage, will start with Rs 2.25/GRT (gross registered
Dhamra port to become operational by August
Bhubaneswar, June 25: Dhamra port, situated between Haldia and Paradip, will be operational by August end, Orissa transport minister Sanjib Sahoo said. He said that the developers had so far invested Rs 2700 crore of the estimated project cost of Rs 3239 crore and nearly 96% of the
New fare offers from AirAsia, Malaysia Airlines
Hyderabad, June 23: Malaysia Airlines has announced the launch of its all inclusive monsoon fares starting at Rs 6,812 for one way and Rs 12,693 for return airfare on Hyderabad - Kuala Lumpur sector. The travel period is valid from July 22 to December 14. All fares include airport taxes,
Kailash to set up logistics park near Chennai
Chennai, June 24: Kailash Logistics Ltd announced on Wednesday the launch of its new logistics park – Logicity – at Oragadam, on the outskirts of Chennai. The park will provide state-of-the-art supply chain solutions across industrial segments, said S Rajkumar, vice-ch
Marg plans Rs 400-cr port near Chennai
Chennai, June 22: Marg Ltd, the Chennai-based infrastructure company, proposes to set up another port at Mogaiyur, about 30 km south of Chennai, which is expected to cost between Rs 300 crore and Rs 400 crore.
The Marg Chairman, Mr G.R.K. Reddy, told Business Line on Tuesday that
PSA buys 27% stake in CIT from Sical Logistics
Chennai, June 21: PSA International, Singapore, world's leading container terminal operator, has bought out the 27 per cent stake in Chennai International Terminals (CIT) from its joint venture partner Sical Logistics for an undisclosed sum. “It is a strategic decision to divest st
SKG to set up logistics park in Chennai
Kochi, June 20: The Kochi based Sree Kailas Group (SKG) is setting up a logistic park at Oragadam, the emerging industrial and logistic hub of Chennai at an investment of Rs.120 crore. The foundation stone for the project will be laid on June 23. it has been reported.
Port officers threaten mass casual leave on July 5
Mumbai, June 20: Over 250 officers of the Jawaharlal Nehru Port Trust (JNPT) have threatened to go on a mass casual leave on July 5 as part of a nation-wide action plan to protest against the alleged three-year delay in finalisation of pay revision. The All India Port and Dock Offi
Jet Airways enters into code share with United Airlines
New Delhi, June 17: Private carrier Jet Airways would now be able to provide connectivity to 38 US cities from India as it entered into a new code share agreement with America's United Airlines. "The new code share agreement between Jet Airways and United Airlines has opened Air India set to open engineering base in Dubai
Dubai, June 17: Air India is set to open an engineering base in Dubai to help streamline the airline’s operations in the Gulf sector, its Chairman and Managing Director, Mr Arvind Jadhav, has said. The base is likely to be set up either in Dubai or Sharjah depending on
Apeejay to set up logistics parks in Bengal, Orissa by year-end
Kolkata, June 16: Apeejay Infralogistics Pvt Ltd, a joint venture between Apeejay Surrendra Group and Eredene Capital Plc, UK, hopes to commission the first phase of its two integrated logistics parks at Haldia (West Bengal) and Kalinganagar (Orissa) towards the end of this year. ,
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