LOGISTICS
AIRLINES
Air-India to levy fuel surcharge
The surcharge imposed is $9 for destinations in the US and $4 on all other destinations. A spokesman for Air-India said the airline had to impose the fuel surcharge in view of the continuing rise in global oil prices. The surcharge, which would ...
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Emirates rolls out e-ticketing system
According to an official statement, the facility will usher in coupon-free travel and enable passengers to book and fly on very short notice. In the first phase, customers will be able to book e-tickets from Dubai to any of Emirates' 75 other ...
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SHIPPING
Foreign crew for Indian ships?
IN a move that may see unions and Left parties up in arms, the country's maritime administration is considering a proposal to allow employment of foreign crew on Indian ships. The proposal has been made by a group of Indian shipping companies ...
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CII calls for meeting to resolve Chennai terminal strike
THE Confederation of Indian Industry (CII) has called for a quick settlement to the strike at the Chennai Container Terminal (CCTL). According to a press a release, the CII (Southern Region), said the deadlock between the workers and the ...
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No need for SCI privatisation: Baalu
THE Minister for Surface Transport, Mr T.R. Baalu, has stated that he was not in favour of privatising Shipping Corporation of India (SCI), but supported the proposal for introduction of tonnage tax for the shipping industry. Mr Baalu also ...
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Trade hit by Chennai terminal strike
The port trust should initiate regular interactive meetings between CCTL, chambers and user associations.
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Member lines in Asia raise freight
THE member lines of Far East-India-UAE-West Asia Forum have decided to increase freight charges by $400 (about Rs 18,000) per TEU (twenty-foot equivalent unit) with effect from July 1. The member lines are China Shipping, CMA-CGM, Delmas, Gold ...
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STOCKS
Shipping stocks manage to weather the storm
INDIAN shipping stocks could effectively weather the storm that buffeted the bourses since May 13 in the wake of the pronouncements made by the new political leaders that were then in the process of cobbling together a government to replace the ...
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SUPPLY CHAIN MANAGEMENT
Concor plans ICDs in Belgaum, Kota, Bhopal
THE Container Corporation of India (Concor) proposes to launch at least three new ICDs (inland container depots) in the current year (2004-05) to bring the total number to 56. The three new ICDs will be located at Belgaum (Karnataka), Bhopal ...
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RAILWAYS
Rlys to make bio-diesel viable — Trains to run on vegetable, used frying oil
IT will be a turning point in the use of non-conventional fuels when such a big diesel guzzler as Indian Railways runs its first train entirely on a blend of vegetable oil and `used frying oil', something that Railway officials say is only a year ...
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