The Hindu Business Line : Monday, May 11, 2009

LOGISTICS

ALLIANCES & JOINT VENTURES: Concor, NYK to set up JV company
To target auto transportation market. Container Corporation (Concor) signed a joint venture agreement with NYK Line India last Friday to set up a company that will provide rail-based car transportation services in the country. The 50:50 joint ...

SHIPPING/PORTS: Bharati Shipyard’s buy of Great Offshore – A new trend setter?
The acquisition of the controlling stake of 14.9 per cent in Great Offshore by Bharati Shipyard (through its subsidiaries) by way of purchase of pledged shares in a non-cash deal technically “averted” compliance of a ...

ROADWAYS: Karnataka plans to concretise Shirady Ghat road at Rs 100 cr
Shirady Ghat, May 10 The Karnataka Government has sent a Rs 100-crore proposal to the Central Government to concretise the 25 km stretch of National Highway No. 48 on Shirady ghat between Mangalore and Bangalore. This is the vital road ...

AIRLINES: Air India to operate more flights
Air India will operate four additional flights between Kolkata and Bagdogra to meet heavy rush, according to a press release issued by the national carrier. The flights IC 1721/1722, to be operated with an Airbus 320, will be available on ...

SHIPPING/PORTS: Kochi: Ideal site for maritime university
The Parliament passed the Indian Maritime University Act, 2008, and the varsity came into existence on November 11, 2008, with headquarters in Chennai and campuses in Mumbai, Kolkata, Chennai and Visakhapatnam. The university has powers ...

SHIPPING/PORTS: Shipping: Fighting strong currents
Having encountered stressful times, the shipping sector’s relationship with the stock market, it appears, is showing signs of improvement. Reports have it that Indian shipping stocks, from lows of March, rebounded last week by an average ...

SHIPPING/PORTS: New law on ship recycling
The United Nations International Maritime Organisation (IMO) has announced that a new convention on ship recycling will be considered for adoption at the diplomatic conference being held in Hong Kong between May 11 and 15, says ...

SUPPLY CHAIN MANAGEMENT: Two ICDs in low gear
East Central Railway has clamped restrictions on movement of container trains to Birganj inland container depot (ICD) in Nepal. The reason is the slow evacuation of cargoes from the ICD because of several factors thrown up by, among others, ...

SHIPPING/PORTS: Floating dock for Bharati Shipyard
Recently Bharati Shipyard hit the headlines following the announcement of its acquisition of more than 14 per cent stake in Great Offshore. There was another development of no less significance, though not much publicised. A ...

AIRLINES: UPS plans hubs to improve service
UPS proposes to add more than 130 field stocking locations (FSLs) in India as part of its plan to expand customer support in Asia, says Journal of Commerce, quoting company sources. This will be done through an agreement with AFL, ...

HUMAN RESOURCES: KCCI’s exam training programme
The Kanara Chamber of Commerce and Industry (KCCI) will conduct a training programme for the Institute of Chartered Ship Brokers (London) Qualifying Examination - April 2010, in Mangalore from May 23. A press release said here that KCCI has taken ...

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Markets (May 08)

Nifty (at close)	3620.70(-63.20)
US Dollar (Buy/Sell)	49.33/35
Brent crude (a bbl) Rs	2,752
Gold (a gram) Rs	1,354
Silver (a kg) Rs	23,540

Ports

In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Coffee exports turn bitter on slowdown

‘FIIs are assuming that there will be a stable Government’

Shipping: Fighting strong currents

Value buying is the name of the game, and not just in stocks

Holcim sees tough year ahead

BHEL to re-enter wind energy biz

US scenario: ‘We are watching developments very carefully; as of now, there is no impact on us’

Looking back
May. 3-May. 9
Deccan Express Logistics service launched