Transport
`We are looking at a yard-centred policy'-- D. T. Joseph, Director-General, Shipping
THOUGH the office of the Director-General of Shipping is strictly a regulatory one, over the last few years, it has been playing a bigger role in the development of the country's shipping.

IN BRIEF
THE Calcutta Port Trust is resisting the corporatisation of its dock system at Haldia for fear of losing its golden goose. But this has not deterred the Surface Transport Ministry from honouring the in-principle approval granted by the Cabinet for the co rporatisation of Haldia Dock Complex.

Dollar-denominated tariff conversion linked to Customs exchange rates
THE TARIFF Authority for Major Ports (TAMP) has ruled that the reference rate for conversion of dollar-denominated rates into Indian rupee equivalent will be the prevailing Customs exchange rate.

Ship finance: Venturing into calm waters
THE SHIP finance market, particularly in Asia, was badly hit by the Asian financial crisis. For nearly two years there was virtually no market. The problem was compounded by the financial crises witnessed also in Russia and South America.

New CFS licences may box-in Chennai operators
WITH TEN container freight stations, Chennai has the largest number of CFS in the country. The number will go up soon, with the Centre issuing licences to three more players.

Page One | Index | Home