The Hindu Business Line : Monday, January 19, 2009

LOGISTICS

BUYBACK: Paramount Airways’ promoters keen to hike stake to 100%
New Delhi, Jan. 18 The promoters of the Coimbatore-based, Paramount Airways, are keen to increase their stake in the airline to 100 per cent by buying back the about 5 per cent stake held by others. The promoters hold currently 95 per ...

PERFORMANCE: Ports fall short of target
Figures released recently by the Indian Ports Association show that in the first nine months of the current fiscal, traffic growth in the country’s major ports was 3.43 per cent, at 391.8 million tonnes (mt), compared to 378.8 mt in ...

ROADWAYS: Traffic stress: Companies should take the lead
I spotted a poster in a Bangalore office that (I am summarising) said ; ‘Stressed in Bangalore, …commuteeasy.com.’ This poster, put out by a Web site, helps you to find ways to carpool to work and thus make your commute ...

ROADWAYS: Truck rentals drop post-strike: IFTRT
When the strike called by a transporters body — All India Motor Transport Congress (AIMTC) — ended last Monday after eight days, the truck rentals on long haul trunk routes went down by 10-12 per cent against the prevailing levels ...

SHIPPING/PORTS: Fall in exports may hit marine insurance premium growth
‘Collections linked to volumes of goods and pricing’. Mumbai, Jan 18 General insurers expect fresh premium collections from the marine cargo segment to grow at a much lower rate than expected because of a fall in ...

SHIPPING/PORTS: Mundra port records 35% growth in cargo handling
Four major ports post decline in April-November 2008. Kolkata, Jan. 18 The economic slowdown notwithstanding, the Adani Group-promoted Mundra port in Gujarat has clocked over 35 per cent growth in cargo handling during April-November 2008 ...

SHIPPING/PORTS: Halt Gangavaram port work: Chiranjeevi
The Praja Rajyam Party, set up by film star K. Chiranjeevi, wants the operations at the newly-constructed Gangavaram port stopped, till the relief and rehabilitation package for the displaced fishermen in two villages is completely and ...

TRANSPORT: Amid global slowdown: Logistics sector looks at new solutions
A weak economic outlook and a bad year for the manufacturing and service sectors portend a bleak 2009 for the logistics industry. While capital expenditure faces curbs, the solution could lie in coming out with innovative products, feel ...

SHIPPING/PORTS: New ships amid dark clouds
The Shipping Corporation of India recently took delivery of two container vessels, SCI Mumbai and SCI Chennai, each of 4,400 TEUs and built by Hyundai. The vessels have been put on the ISE service, i.e., the route ...

RAILWAYS: Pakur coal in demand
Till 2005, Eastern Railway (ER) hardly loaded any coal in Pakur collieries, under Eastern Coalfields Ltd. The reason: NTPC’s plants at Farakka and Kahalgaon, which used Pakur coal, had their own merry-go-round systems for coal ...

ROADWAYS: Zero to fill space
Spot container rates on the Asia-Europe route are said to have dropped for the first time to zero dollar, with cargo owners paying for bunkers plus other surcharges, says Shipping Gazette, quoting reports in ...

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Markets (Jan 17)

Nifty (at close)	2,828.45(+91.75)
US Dollar (Buy/Sell)	48.77/79
Brent crude (a bbl) Rs	2,132
Gold (a gram) Rs	1,230
Silver (a kg) Rs	19,320

Ports

In Focus
Who is hiring?

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Other Top Stories
Amid global slowdown: Logistics sector looks at new solutions

Bonds rally on deluge in deposits; impetus for credit offtake likely

Govt to discuss exporters’ woes on Jan 21

Profiting from poverty

India not shining in villages

Marathon reaffirms Mumbai’s resilience

Office space rentals dip across cities

Brazil sees 20% drop in 2009-10 coffee production

Looking back
Jan. 11-Jan. 17
Strike will continue, says AIMTC