LOGISTICS
AIRLINES
Govt guarantee to benefit IA acquisition plan
THE Indian Government's decision to provide sovereign guarantee to Indian Airlines (IA) for the purchase of 43 Airbus aircraft will see the cost of funds for the acquisition plan come down substantially. "While it is difficult to put an exact ...
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INFRASTRUCTURE
Mundra box terminal receives quay cranes
MUNDRA International Container Terminal (MICT) in Gujarat, which is operated by P & O Ports since it bought the terminal from the Adani Group in May 2003, received India's largest container quay cranes. This forms part of a $ 56-million deal ...
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SHIPPING
Singapore ship mgmt company opens Kochi liaison office
THE Singapore-based Executive Ship Management Pte Ltd, one of the leading international ship managers, has opened its Kochi liaison office in its efforts to reach out more number of seafarers from various parts of the country. Kerala has a ...
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IWAI plans to revive freight-subsidy scheme
INLAND Waterways Authority of India (IWAI) is planning to revive freight-subsidy scheme as part of its bid to promote inland water transportation (IWT). This was revealed at a seminar on private sector participation in development of five ...
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SOFTWARE
BPCL to focus on logistics with new IT initiatives
BHARAT Petroleum Corporation Ltd (BPCL), which has been infusing copious dollops of IT-initiatives to stay ahead in competition, is now preparing to focus on tightening its elaborate supply chain management (SCM) through new IT-related solutions ...
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