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

Monday, June 25, 2001

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Logistics

Infrastructure
Larger warehouses for AP
The Central Warehousing Corporation (CWC) will set up at a cost of Rs 20 crore warehouses that can stock two lakh tonnes in Andhra Pradesh. According to sources, the CWC plans to call for tenders within a month, so that the work is wrapped u p by end-2002. The new warehouses will be located at five or six cities and towns. Now, the CWC warehouse capacity in the State is 12 lakh tonnes.

Shipping
Age no bar for importing ships
THERE is no bar for buying a second-hand ship of any type and size, so long as it is below 25 years old. Also there is no need for any technical clearance and certificate on price reasonableness from the government departments. The guidelines on age norm s issued by the Ministry of Shipping last week removed all such conditions for the import of second-hand ships. Normally, such relaxations in policies are received with enthusiasm. However, most shipowners are not pleased with it. Some of the major ones are hurt and are understood to be seeking a review of the guidelines.

New CFS in Tuticorin Port
THE Chennai-based Sanco Trans Limited opened a container freight station (CFS) in Tuticorin on Friday. This is its second CFS after the one in Chennai. With this, the number of CFSs in Tuticorin has gone up to seven.



Ship repairs become eco-friendly
BLOHM & VOSS Repair GmbH, the repair subsidiary of the German Thyssen Krupp Industries AG, has found environmental and economic sense by replacing sand-blasting with high-pressure water jets to strip paint off the hulls of ships.

Transport
NRL evacuation plans in pipeline
FOR Numaligarh Refinery Ltd (NRL) it as been smooth evacuation of its products, thanks to the sufficient number of wagons at the disposal of the oil marketing companies.

Concor connects Kolkata, Delhi
A TIME-TABLED and time-bound freight train is being introduced by Container Corporation of India, Eastern Region, between its inland container depots (ICDs) at Cossipore in Kolkata and Tughlakabad in Delhi. This is in keeping with t he trend continuing for the past one year. The Eastern Railway and the Northern Railway are involved in the project.

Dubai Cargo Village hauling big
THE Dubai Cargo Village, set up in 1991 to facilitate cargo operations of the emirate's international airport, has since made steady progress and is poised to handle one million tonnes by 2005, two million tonnes by 2014 and 2.7 million tonn es by 2018.



Ennore Port: Bon maiden voyage!
THE ENNORE Port, about 40 km north of Chennai, does not yet have the dirt and din associated with other ports. Because it is the newest to be inaugurated in the country. And, when M. V. Varanasi, a Shipping Corporation of India vessel carrying about 40,0 00 tonnes of coal for the Tamil Nadu Electricity Board, berthed at the port on June 22, it signalled the beginning of commercial operations at the port, inaugurated on February 1.

SRTCs: `Cover'ing up the risks
THE State governments, it appears, which have suddenly woken up to the reality of huge liabilities of their respective road transport corporations (SRTCs) and the need for reducing them, have accordingly begun to get all their transport unde rtakings to insure their assets.


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