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Wednesday, February 11, 2004

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ACCIDENTS
33 killed in Iranian airline plane crash
AN Iranian Kish airline plane carrying forty passengers crashed before landing at the Sharjah International Airport this morning. Thirty-three charred bodies were found at the site of the crash, according to a report by the official Emirates ... More

INFRASTRUCTURE
Infrastructure fund keen on stake in airport upgrade
THE $100-million India Infrastructure Fund (IIF), jointly launched by Manila-based Asian Development Bank and Australia-based AMP Life Ltd to make available infrastructure investments, would also have an eye on taking stake in modernisation and ... More

SHIPPING
Validity extended on interim rates for Chennai box terminal
THE Tariff Authority for Major Ports (TAMP) has extended the validity of the interim rates of the Chennai Container Terminal Ltd (CCTL) from January 31, 2004, to March 31, 2004, or effective date of implementation of the revised scale of rates, ... More

Kolkata Port volume rises
BETWEEN April 2003 and January 2004, the Kolkata Port Trust (KoPT) handled a total volume of 33.39 million tonnes (Haldia dock 26.94 m.t. and Kolkata Dock System 6.45 m.t.) compared with 29 million tonnes (Haldia 23.52 m.t. and KDS 5.48 m.t.) in ... More

Kochi Port clarifies on terminal privatisation
THE management of Kochi Port has come out with a clarification on its proposed move to hand over the existing container terminal to private investors even as trade unions in the port are preparing for an indefinite strike from February 11 ... More

Security certificates awarded to ports, ships
INDIAN port and shipping sectors achieved a distinction on Tuesday when the first batch of the International Ship and Port Security (ISPS) certificates were awarded to the New Mangalore port, Reliance's Jamnagar port facility, two ships of Essar ... More

SOFTWARE
Four Soft set to freeze acquisition by August
The company is close to firming up an acquisition in the logistics-related sphere. More

ROADWAYS
Bengal sanctions Rs 329 crore for road projects
THE West Bengal Government today sanctioned Rs 329 crore for various road projects, said the Finance Minister, Dr Asim Dasgupta. Speaking to newspersons, he said that this allocation had nothing to do with the ensuing elections but was part of ... More


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