The Hindu Business Line : Monday, October 03, 2005

Kandla port charts Rs 5,000-cr investment plan
Kandla port has begun the work of identifying bidders for the construction of six new cargo berths, two of which are expected to be ready by November 2007. Four of the berths will be constructed with private participation on a build-operate-transfer basis and are estimated to cost Rs 430 crore. The port has also started work on a capital dredging project in its 27-km navigation channel that will enable it to take in Very Large Crude Carriers. More

SCI gets nod for VLCC acquisition — But has the freight opportunity sailed away?
THE Union Government's recent decision allowing Shipping Corporation of India (SCI) to acquire two Very Large Crude Carriers (VLCCs) has not come a day soon. It took a long time for the Government to make up its mind on ... More

Indian ports must double box capacity
INDIAN ports will need to double their container handling capacity within the next five years if they want to keep up with the country's booming container trade estimated to grow at 15 per cent annually, according to a Bloomberg article. Last ... More

Giant port operator
THE Dubai Ports Authority and DPI Terminals have merged to create a single new port operator called, DP World, which will be one of the largest of its kind in the world in managing ports in various countries including India. ... More

No fair trade deal
THE world's major shipbuilding countries have failed to reach a consensus to conclude a fair trade agreement for the shipbuilding sector by the year end, according to Lloyd's List. Our ... More

RAILWAYS

NE Railways to run 743 special trains
HAVING obtained the Election Commission's approval, the Railway Ministry plans to run 734 special trains to clear the festive rush of passengers. Northern and East Central Railways are planning to run special trains to cope with the passenger ... More

ROADWAYS

Highway projects: Last word on model concession agreement
THE Committee of Secretaries is now likely to have the final word on the new model concession agreement (MCA) for highway projects. The Finance Ministry recently raised its concerns on issues regarding taxation in the MCA that was taken up by ... More

For one fuel standard in US
THE American Trucking Association has urged the US Congress to amend the Clean Air Act to restore a single national fuel standard to limit the impact of the fuel price hike. Our ... More

More steel products go by road
The evacuation of finished products out of steel plants by road is set to increase not only because of the stricter rules being enforced by the Railways in regard to detention of rakes and the consequent demurrage but also because of the ... More

Ships in Ports

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