Hong Kong accounts for exports worth $ 6 bn in 2007-08 ESC, ELAA back European law on application of competition rules to liner shipping Transpacific rates to stay under pressure, but Europe-Mideast-China’s rates will head North—report Petrochem products exports face curbs ‘‘K’’ Line (India) to provide enhanced services to trade OOCL announces south China-US inland fuel surcharge from Aug. FEFC increases BAF & cuts CAF for Aug Maersk Line places order for 16 more boxships, this time with Daewoo Panama Canal, New Orleans Port to promote all-water-route Geodis Wilson acquires UK’s Oughtred & Harrison Shipping Pact with Cuba for oil, gas exploration soon Steel giants agree to cut prices & exports CMA CGM buys two 12,800-TEU ships from Germany’s Lloyd Fonds UASC books nine 13,100-TEU ships with Samsung Lufthansa lands in Pune! Minimum export price of onion raised by 15 pc No further non-Basmati rice exports for now, rules Supreme Court Deccan Cargo & MADC sign MoU to set up world class air cargo hub at Nagpur Seatech Shipping executes a massive task IFLN launches new global supply chain management service New loading record set at Kandla Port Octogenarian Maersk Line looks back with pride & gratitude to customers, suppliers & partners Trade with US to Cross $100 bn in 3-4 yrs Rickmers-Linie acquiring 4 heavylift newbuildings Rough seas rider coming ashore Geodis completes a decade of operations in India Bharati Shipyard to focus more on rig-building More containers fall into sea due to top-heavy deck stacking—study Major Ports post 8.8 pc growth in traffic throughput during Q1 SCI places fresh orders on hold, with global shipyards’ books full Limit cotton exports & slash import duties, urge textile producers JNP posts highest Q1 throughput growth among Major Ports Only value-added products exports may be encouraged .Rlys rolls back freight rate hikes Shipyards unfurl sails for voyage of fortune L&T to make wheels for Rlys Spices add 28 pc to export basket in April & May Vast scope seen for India-Israel trade N. B. Singh takes over as CBDT chief Pramod Soneta & Hemchandra Yadav at helm of KCHAA Pre-berthing detention time at most Major Ports rising Tuticorin Port sets new urea discharge record Coffee exports buck the trend to post increase Rlys hauls 202.99 m tonnes in April-June Shipping Secy to meet port unions on July 8 in bid to avert strike DHL becomes Airbus’ lead transport provider Navi Mumbai airport plan cleared for take off Safmarine enters Asia-West Africa breakbulk & project cargo trade Rising fuel costs prompt MAERSK Line to cut Asia-Europe capacity Factories location curbs go Net forex earner norm for EOUs may be relaxed CONCOR hikes tariff rates w.e.f. Aug. 1 Emirates SkyCargo scores a double at global awards function Steel giant diversifying into shipping, wagon production & other core areas US withdraws duty exemption on Indian gold necklaces & related products Land Ports Authority to be modelled along AAI lines Baalu favours dedicated box terminal at New Mangalore Port New norms on handling goods in port-based SEZs under study. Pharma raw material from China faces dumping duty Import duty on cotton may go—Vaghela Export Inspection Council gets ISO-9001:2000 certification Nagpur SEZ offered power for a song! Cargo movers now prefer 4-wheeler light commercial vehicles Unique concept launched to revolutionise logistics industry Minister urges PM to review export duty on iron ore Exporters move courts to clear maize consignments lying at ports Amigo Logistics to operate as authorised courier at Ahmedabad ACC GTI betters own ‘track’ record Apeda eyes S. Korea, CIS markets for farm products Veg. oils imports swelling—SEAI CONCOR net up by 8 pc in Q1 Soaring fuel costs grounding low-cost airlines Prices stabilising, says MoF even as inflation climbs to 11.91 pc Jet Airways to land in Saudi Arabia daily Gangavaram port slated for commissioning next Pakistan bringing longer shopping list to India 1.86 lakh tonnes of rice for Bangladesh Exports of flat steel products face ban GE Shipping orders 2 newbuilding Suezmax tankers Charter rates for LNG tankers nosedived in 2007 Exports in 2008-09 to be wide off mark—Ficci survey Maritime observers pin higher hopes on smaller ports INTTRA partners with SZEDI to provide enhanced supply chain visibility in S. China Passenger vessel built at HSL sets sail for Lakshadweep Velji Dosabhai ships 20 export boxes from ICD-Ankleshwar to JNP Duty drawback made simpler Indialinx celebrates a year with over 95 pc capacity use 50 pc surge in exports to Canada since 2002-03 Teamglobal completes 3 years of successful operations Zim to dock at new western berth of Kingston CT MAERSK Line sees container shipping growing at rate of 7-8 pc this year Revisiting the Hague-Visby Rules on duplicate B/Ls HK’s Great Ocean Container Line to launch Asia-Europe service in Q4 Maersk Line turns to Yiwu International Logistics Centre for transhipments Golden Dragon to utilise boxships of CMA CGM HAMBURG Süd joins Chile’s CCNI on Manzanillo to Lazaro Cardenas service APL’s June box volumes & revenue up by 13 pc DHL uses Kolkata Port to import LCL consol box for 1st time CSL converting fishing vessel into seismic survey ship for Norwegian firm INTTRA ICM quickly sews up breaks in supply chain for shippers & forwarders New SS wagons to haul more Indian economy to overtake UK in 10 years Cotton export ban ruled out Vietnam business team visits IMC Sahil Freight Express shifts the goalposts Allcargo Chennai proves its mettle in FCL imports too Interest rate subsidy on export credit being withdrawn from Sept. 30 Mundra Port’s Terminal 2 gives berth to Capesize vessel! Nafed allowed to hike onion MEP by Rs 840 a tonne Engineering exports up by 24 pc in Q1 GJEPC projects 15-20 pc export growth this fiscal Gati Coast-to-Coast launches Thailand-India direct service Wärtsilä acquires Vik-Sandvik CEPA with Sri Lanka in for delay Anti-dumping duty on colour picture tubes sought Gangavaram port handles maiden vessel RBI to withdraw interest on EEFC accounts from Nov. Trade with Oman surging, notes envoy SCI to shop for 4 Panamax ships Shallow Hooghly worries Haldia Dock users TCI shopping for ships with Rs 200 cr. in pocket Coffee exports get incentives to grow EPCG licence holders now have to pay full duty for sale of imported capital goods in DTA Ficci Task Force wants NBFCs treated on par with banks Export ban on non-Basmati rice stays till Nov. 1 Parasmal Nahta & Dinesh Gupta remain at GCC&I helm MNSL’s new service expedites LCL & perishables transport to Male ex-Tuticorin Port Essar Shipping acquires 2 Supramax vessels Sets single-day raw sugar loading record Seafood exports net $ 1.89 bn in 2007-08 Corn exports poised to register 7-fold rise Pvt. sector shrugs off negative reports to show world’s most bubbling optimism Lowering of Fuel Surcharges Emirates SkyCargo introduces ‘White Cover’ solution for temperature-sensitive cargo Third shipyard at Hazira on ABG’s agenda Friday deadline for nominations SCI inks deal with STX to augment bulk fleet STC floats pulses tender Fairdeal Group’s ICD-Indore set to change economic face of MP Koreans bid for market thrust: Meet on Aug. 28 Export curbs eased on some grains, edible oil Land acquired for Vallarpadam ICTT rail-road link Three-fold rise in tanker rates in early 2009 seen Polyester film dumping duty under review Tea exports turn tepid, with markets melting away FTA with Indonesia being worked out King of fruit to captivate Aussies IndiaLinx begins weekly service from ICD-Loni to Mundra Port Manufactured goods export dip rattles Fieo Inflation up to 12.63 pc Warehousing sector to become $ 55 bn industry by 2010-11—Report CMA CGM invests in Port of Tianjin Virginia Port offers ex-im trade an effective & efficient gateway to sprawling US market DP World Cochin moving import TEUs to pvt. CFSs for now to ease terminal congestion Port of Dalian volumes up by 23.8 pc in H1 Southampton port plays host to 9,600-TEU CMA CGM giant CSAV Norasia to add Lisbon call on ANE service SITC offers new S. Korea-China-Vietnam service Maersk Line upgrades Asia-Australia service & calls it ‘Boomerang’ Exporters smile as Re. plunges vis-à-vis the greenback Export curbs may go only after festivals end SEZs may turn India into global manufacturing hub—PwC 9 lakh tonnes of vegetable oil to be imported for festive needs Laos opens door to investors GTI’s millionth TEU in 2008 handled in just 241 days Spices exports post 15 pc growth during April-July Move to impose 51 pc EO on SEZ units dropped Trans Asian Shipping deploys own vessel in IGX service Maersk Group to buy Brostrom to augment tanker fleet by 100 Maersk Group’s H1 profit swells by 40 pc to $ 2.4 billion Evergreen’s NUE pendulum to drop Thamesport & LA on eastbound calls Yang Ming Line launches new DUX2 service Kawasaki Kisen Kaisha, Ltd ("K" Line) will launch a new feeder service between the East Coast of US CSCL launches service to Thailand & Vietnam MSC to launch revamped North & Central Asia-Australia service Pact with Lanka signed over tea Food products exports up by 38 pc in 2007-08 Coffee exports earn more due to higher prices Steelmakers now clamouring for import duty Aviation firms pilot alliances route for bigger slice of pie in sky Cheaper global crude to save $ 17 bn in import bill—Assocham study NYK Line revamps USEC-ECSA ANS service NYK Line revamps USEC-ECSA ANS service Evergreen Line terminates Asia-East Med service after 12 months Hanjin Shipping announces Euromax Terminal opening Senator Lines’ MSC Loop A service drops Gioia Tauro call Maersk Line switching to DCT Gdansk from Dec. 1 Textile exporters may continue to get incentives for some more time 6 logistics parks to come up along freight corridor in Gujarat Logistics industry calculated to gallop by 15-20 pc every year Hyderabad blossoming into airfreight hub Hapag-Lloyd sale chances slimmer now—Widdows New MANSA President aims at reducing risks, liabilities faced by agents GTI bags CNBC’s Best Container Terminal 2008 award Attorney-General sees legal hurdles to retrospective application of SEZ Act & Rules