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Sunday, May 16, 2004

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AIRLINES
Jet to decide on fuel surcharge or fare hike soon
WITH international oil prices ruling at a 13-year high, Jet Airways will decide within the next two to four weeks on whether to impose fuel surcharge or increase air fares. ``If fuel continues to stay high, we would have to consider a fuel ... More

SHIPPING
Tight vigilance reduces pirate attacks on ships
INCREASED vigilance by the Coast Guard has reduced the number of pirate attacks on ships in India, Malaysia and the Philippine waters in the first three months of 2004. These three nations reported no incident of pirate attacks in the first ... More

Mercator Lines to pay 50 pc
THE board of directors of Mercator Lines Ltd, which operates in the liquid bulk segment, has announced a dividend of 50 per cent for the fiscal 2003-04. Following a series of tanker acquisitions, the company has clocked an income of Rs 242.24 ... More


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