LOGISTICS
ACCIDENTS
5 killed as ship, barge collide off Kandla
The Cyprus-flagged timber carrier, MV Pontonostos, and a privately owned barge suffered a head-on collision off Kandla port, close to the coast, late on Thursday evening. Five persons working on the barge of Kamal 15 are reported to have died ...
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AIRLINES
Qatar Airways squash tourney in Hyderabad
Qatar Airways is bringing one of the biggest squash events — the WISPA (Women's International Squash Players Association) World Tour — to Hyderabad from July 4 to 9. After two years in Doha, the $80, 000 prize money Qatar Airways ...
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Jet trips on rough climate
High fuel costs, falling yields, a depreciating rupee and higher interest burden continue to bog prospects of the aviation industry. Market sources talk of a shake out in Indian skies. And post fall-out of the Air-Sahara deal, Jet Airways, ...
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SBI e-ticketing facility
State Bank of India has tied up with Kingfisher Airlines to offer e-ticketing facility through the group's 5,579 ATMs, covering 1907 centres. SBI cardholders can book tickets of Kingfisher Airlines in Bangalore, Delhi and Mumbai. ...
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Amadeus inks pact with Paramount
Amadeus, a provider of technology and distribution solutions to the travel and tourism industry, has signed a new content agreement with Paramount Airways. The agreement will make available the airlines' complete inventory now ...
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INFRASTRUCTURE
World Bank lifts suspension
The World Bank has lifted the suspension of its financing of the Mumbai Urban Transport Project (MUTP). The World Bank President, Mr Paul Wolfowitz, in a letter to the Union Finance Minister, Mr P. Chidambaram, communicated this ...
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SHIPPING
Falling freight rates worry shipping cos
The steady fall in the global freight market over the last few months is worrying Indian shipping companies. Industry analysts say that the shipping companies may report lower earnings in the spot fixtures this fiscal, to the extent of 15-20 ...
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Indian ship owners seek level playing field
Say tax disadvantages affecting profits
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Cochin Port union alleges denial of basic amenities
Cochin Port Labour Union (CPLU), one of the trade unions in the port representing dockworkers, has alleged that the India Gateway Terminal is not providing any basic amenities to certain categories of workers such as General Purpose Mazdoors from ...
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`Blue Lady' anchors at Pipavav
Norwegian liner may reach Alang on July 9
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Trade against levy of congestion surcharge
The concession agreement between the Chennai Container Terminal (CCT), the private operator at Chennai port, and the Chennai Port Trust (ChPT) needs to be revisited with a provision for benchmarking the terminal's productivity, the Chennai ...
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RAILWAYS
Southern Railway growth rate above national average
Southern Railway carried 4,960 million passengers in 2005-06, an increase of over eight per cent compared to the 4,580 million passengers carried over the previous year. Mr Thomas Verghese, Chief General Manager, said that Southern Railway has ...
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ROADWAYS
IJMII signs pact for Rs 570-cr NHAI project
IJM (India) Infrastructure (IJMII) has signed a Rs 570-crore project with the National Highways Authority of India (NHAI) to build a 93-km four-lane toll way on National Highway 45. IJMII is a wholly owned subsidiary of Malaysian construction ...
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