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How China plans to boost its air, rail services?
Local governments across China are throttling forward with airport construction projects as part of a nationwide push to expand regional air service as directed by a state council.
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Panama Canal toll hike approved, box rate unchanged
Despite protests from containership owners, Government of Panama has approved toll increases on the Panama Canal following the recommendation from the Panama Canal Authority (ACP).
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Maritime Labour Convention to take effect from August next year
Having met requisite conditions of ratifications as well of tonnage, ILO Maritime Labour Convention (MLC, 2006) is now all set to enter into force from August next year.
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Cargo diversion feared as longshore talks collapse
Talks have collapsed between the US east coast ILA and USMX, sparking fears of a mass cargo diversion to west coast ports.
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Iran offers insured ships for crude shipments
Faced with problems of its customers not being able to import oil due to lack of adequate insurance for ships, National Iranian Oil Company has offered India and other countries the use of fullyinsured...
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Delayed rains dampen country's exim trade milieu
While a snapshot of the world shipping environment depicts a market beset with uncertainties, the sectoral scenario of the country seems to have been made worse by whimsical Rain Gods.
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US sanctions: Russian registry to stop verifying Iran ships
Wary of being caught up in Western sanctions on the Islamic Republic, St. Petersburg-based Russian Maritime Register of Shipping (RS) has decided to stop verifying safety and environmental standards...
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Maritime Chronicles: Times Group's coffee table book Navigators
The Times Group launched its coffee table book Navigators during the third edition of the Southern Region Shipping Conclave, organised by SICCI and CCHAA.
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East-coast ports will see increase in cargo traffic: Experts
Chairman of Visakhapatnam Port Trust, has said that the cargo traffic through India's west-coast ports was estimated to drop to 66% in 3 to 4 yrs from 77% in FY 2010.
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Rail cargo to attract service tax from October
During August, the railways carried revenue earning freight of 78.43 million tonnes, over the actual freight traffic of 75.79 million tonnes carried during the same period last year.
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Marine, maritime economy to help Europe's economic recovery: EC
Its new rules ensure sustainable use of the oceans and seas while enabling maritime economies to grow and coastal communities to thrive.
View ArticleCII Institute of Logistics conference: Rise of Maruti & application of rustic...
The application of rustic wisdom of Indian villages can partially be credited to the spectacular rise of Maruti Suzuki and its reach into the rural hinterlands of India.
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Under pressure, port sector likely to see consolidation
Is Indian port sector heading towards consolidation ? Answers to that important question are not forthcoming from industry professionals who seem to have divided on the issue.
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'Indian Customs laws on abandoned cargoes are unclear, used in brazen manner'
Most liner shipping companies' fear that a cargo destined for an Indian port may be abandoned after landing is genuine.
View ArticleShipping ministry finalises plan for ports in AP & Bengal, to move cabinet...
The shipping ministry has firmed up port projects in West Bengal and Andhra Pradesh and expected to take cabinet's approval for its implementation this month, new minister of state for shipping Milind...
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