Business Daily from THE HINDU group of publications
Wednesday, June 25, 2008
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Markets (June 24)
BSE Sensex14106.58 (-186.74)
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US Dollar42.99


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LOGISTICS

AIRLINES
Paramount Chennai-Tiruchi flight
Paramount Airways will introduce daily direct flight service in the Tiruchi-Chennai sector from June 30. The flight will leave Chennai at 9.45 a.m. and arrive here at 10.20 a.m. While returning it will leave Tiruchi at 10.45 a.m. and reach ... More

SHIPPING
India to rebuild Sittwee port ahead of schedule
Project provides greater connectivity between N-E and Asean countries More

DG Shipping, industry to develop code for coastal movement
To facilitate growth of trade between ports in India More

Hamburg Sud new service to connect India
Kolkata, June 24 Starting July 11, Hamburg Sud, the German shipping line, is launching a new container service connecting Far East with India and Pakistan with simultaneous sailings from Port Kelang and Shanghai, according to shipping ... More

Seaways Group in joint venture talks with Bibby Line of UK
Hyderabad, June 24 The Rs 586-crore Seaways Group is in an advanced stage of negotiations to conclude a joint venture with Bibby Line Group of UK, a 200-year-old shipping company, specialising in offshore activities.Under the joint ... More

Tuticorin Port seeks better rail connectivity
Tuticorin Port Trust (TPT) has stressed on the need for the railways to lay down a separate siding in Hare Island area where the port is planning to develop a warehousing zone for storing bulk cargo.According to a TPT press release, Mr ... More

Ennore Port embarks on ship-to-ship operations
Chennai, June 24 For the first time the Ennore Port carried out ship-to-ship (STS) operations in its outer anchorage involving transfer of 22,500 tonnes of LPG last Friday.The mother vessel LPG/C ‘Flanders Tenacity’ ... More

TRADE & LABOUR UNIONS
Union plea on dredged silt in Kochi port area
Cochin Thuramugha Thozilali Union, one of the trade unions in Kochi Port, has questioned the advisability of disposing of the entire capital dredging materials in far away dumping locations in the outer sea. The union suggested that the ... More

RAILWAYS
NF Rlys freight traffic up 28% in April-May
Kolkata, June 24 In the first two months of the current fiscal (April and May), the North Frontier Railway (NFR), having network in the north-east region, handled a total originating freight traffic of 2.27 million tonnes (mt) compared with ... More






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