Shipping
CoPT wants solution dredged for channel
THE Cochin Port Trust (CoPT) has requested the Chennai-based National Institute of Ocean Technology (NIOT) on ways to minimise siltation in the channel. This is part of its effort to cut down on the huge expenditure incurred on maintenance dredging every year.

Transport
Annuity approach -- A road too far?
THE bidding process for the first highway project to be developed on annuity basis, from Panagarh to Palsit on National Highway 2 in West Bengal, reveals that even in a virtual risk-free situation, private investors are not comfortable taking up projects .

Seafarers not faring well
IN 1998, the maritime section of the International Transport Workers' Federation recorded 44 cases of abandonment of ships and crew in foreign ports, without resources, supplies and the prospect of repatriation.

HSL to award dock contract in March
HINDUSTAN Shipyard Ltd (HSL) will finalise the tenders for the construction of a floating dock and award the contract by the end of this fiscal.

Exports soar via Chennai airport
THE strategic location of Chennai airport in the Bangalore-Chennai-Tirupur export triangle has helped it emerge as a major gateway, the position once monopolised by Mumbai airport. Air exports through Chennai are currently estimated at approximately 5,00 0 tonnes a month and air imports at 3,500 tonnes.

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