LOGISTICS
AIRLINES
IT's in the air
Indian IT expertise is helping global airline players to grow their business. The sky's the limit, for this opportunity.
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BA's fleet replacement process takes off
British Airways (BA), having 284 aircraft, has launched fleet replacement process, the accent being on the acquisition of long-haul aircraft. The types of aircraft being considered include Airbus A330, A350,A380 and Boeing 787, B777 and B747-8. ...
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Traffic controller can okay additional flights
In a further liberalisation of aviation rules, the Government has permitted scheduled domestic airlines to operate charter flights or additional flights by just obtaining the prior approval of the Air Traffic Controller (ATC). The Directorate ...
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SHIPPING
New UK cargo security regime may slow world trade
The UK, if the report doing the round in shipping and transport circles is any indication, is set to introduce a new cargo security regime, similar to the US'24-hour advance manifest rule. The proposed British action has caused jitters among ...
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Indian cruise shipping still waiting for the wind
Global cruise companies continue to develop the European market. Investments targeted at European travellers continue with orders for Costa Crociere, Aida Cruises, P&O Cruises and MSC. A number of companies have redeployed ships from the US and .
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Deep-sea port feasibility report
Over a dozen consultancy firms are believed to have responded to the tender floated by the Shipping Ministry inviting bids for the preparation of a feasibility report for a deep-sea port in West Bengal. The firms are from the US, Europe and ...
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Highway open but choked
Freight movement by road to and from Paradip port resumed from around the middle of October after having remained suspended for nearly one and half months due to breaches on the National Highway 5A caused by floods. However, the resumption of ...
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FINANCIAL PERFORMANCE
Shipping cos: Firm freight rates fuel earnings
Fears of crude oil prices soaring further have driven countries to build up inventories in the last few months. And this was precisely why the tanker freight market was unexpectedly high this summer. For shipping companies, this meant good ...
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SOFTWARE
CMA CGM, IBM in 50-50 JV
The CMA CGM Group, the world's third largest shipping group, and IBM, the computer major, have announced the creation of a 50-50 joint venture, CMA CGM SYSTeMS, to evolve an information technology system to support the French shipping group's ...
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Piper setting up aerospace data centre in Bangalore
First offshoring task, civil documentation for BAeHAL Software
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RAILWAYS
Expert body mooted for PPP in Rlys
An apex body of experts should prepare the guidelines for bidding procedures and lend transparency to a process usually marred by inadequate information.
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New railway facilities in Thiruvananthapuram
The Union Minister of State for Railways, Mr R. Velu, is scheduled to inaugurate several new facilities at the Thiruvananthapuram Central Railway Station on Tuesday. A passenger care centre, a renovated air-conditioned upper ...
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