The Hindu Business Line : Friday, July 18, 2003

INSA makes a plea to alter clause in I-T Act
THE domestic shipping industry has sought deletion of the new sub-section (4) in Section 33 AC of the Income Tax Act on the grounds that it would create severe hardship for the shipping companies. "The Indian National Shipowners Association ... More

Domestic shipping cos may vie for IOC movement of crude
THE Indian Oil Corporation (IOC) tender for coastal movement of crude is likely to spark off intense rivalry among domestic shipping lines. Consider this. IOC had issued a tender for hiring four small (85,000 to 95,000 dwt) and one big (95,000 ... More

Govt focusing on infrastructure projects in NMP hinterland
THE long awaited infrastructure development projects in the hinterland of New Mangalore Port (NMP) are finally seeing a glimmer of light at the end of the tunnel. The meeting of the State Hinterland Development Committee, after a hiatus of six ... More

Paramount sets up office in Chennai
PARAMOUNT Shipping, a Eurasia Group Company, has opened its Chennai office. The office would take care of the entire needs of seafarers recruited by the company from the southern region for ships managed by it and sailing across the world. "We ... More

LG rejects ad material at Mumbai port
LG Electronics India Pvt Ltd has decided not to claim the advertising material of its CDMA mobile phones from the Mumbai Port Trust. The imported material, which has been lying with the port trust for the past 60 days, has finally been put up ... More

Workers unions planning to oppose corporatisation bid
DEMONSTRATIONS would be held in front of the administrative offices of all the major ports in the country on July 28 in protest against the Government's port policies, especially its decision to corporatise ports. In a press release issued here ... More

Kolkata port planning to bring Suez tankers
THE Kolkata Port Trust (KoPT) is planning to bring Suezmax tankers with an average parcel load of 50,000/55,000 tonnes of crude at Haldia dock. While the date for bringing the vessel is yet to be firmed up, the KoPT sources are hopeful of ... More

RAILWAYS

Hyderabad to have Rlys safety training institute
ROCKED by a series of accidents that have killed a large number of passengers in the recent past, the Railways has lined up a number of measures, including a corporate long-term plan for safety, recruitment of 20,000 safety category posts, ... More

ROADWAYS

Kerala private tankers risk seizure
EVEN as the State Government invoked ESMA provisions to deal with the transport strike, it kept the window for conciliation open with the Transport Minister, Mr R. Balakrishna Pillai, convening a session with the owner/labourer unions towards ... More

Kerala truckers' strike hits movement of tea
``The strike has impacted movement of tea from almost all centres such as Wayanad, Coonoor and Munnar to Kochi." More

Ships in Ports

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