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LOGISTICS
INTERVIEW:
‘There is no compelling reason to shift strategy’
After what he calls a “three-year tour of duty”, the first President and Chief Executive Officer of the Delhi-based low-cost airline, IndiGo, ...
INTERVIEW:
‘Outlook is bright for express sector’
The face of the logistics industry is changing, feels Mr Rajesh Subramaniam, Senior Vice-President, International Marketing, FedEx Services. “Previously logistics managers were focused on reducing costs. ...
AIRLINES:
KTM, Sri Lankan Air in pact
...
SHIPPING/PORTS:
Kochi port reviews plans for Volvo Ocean Race stopover
Kochi, Sept. 21 The Cochin Port Trust has convened a meeting here to review the arrangements being made by the Yachting Association of India, event managers and different departments of the port to host the India Stopover of the Volvo Ocean ...
AIRLINES:
AI signs $550 m financing deal with US Exim for 8 Boeing
New Delhi, Sept. 21 Air India has signed a $550 million financing arrangement with the US Exim Bank to finance the purchase of three Boeing 777 and five Boeing 737-800 aircraft, which are to be delivered to the airline through ...
RAILWAYS:
Buzz on iron ore freight rates
Railways’ circles are abuzz with rumour that the classification of iron ore for other than domestic consumption might be scaled down from 200X, which incidentally is the highest freight rate in the Railways. The source of the rumour is ...
SHIPPING/PORTS:
Guidance on onboard inspection
More than 300 representatives of seafarers and shipowners, along with Governments, are now meeting in Geneva to discuss guidelines on flag-state and port-state inspection onboard ships under the Maritime Labour Convention (MLC) adopted by ...
SHIPPING/PORTS:
EU ‘recession’ and seaborne trade
The global economic slowdown, centred on a weaker US economy, is showing signs of decline ahead for the seaborne container trade, according to Global Insight shipping analysis. “We are concerned about the growing number of economic ...
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