Financial Daily from THE HINDU group of publications
Tuesday, February 18, 2003
Markets (Feb. 17)
BL 2501103.80 (+21.36)
BSE Sensex3282.45 (+59.04)
S&P CNX Nifty1058.20 (+22.20)
Dollar (Buy/Sell)47.72/47.85
Gold Std (10 gm)5610 (-140)

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LOGISTICS

AIRLINES


Emirates bags award from US magazine
DUBAI's Emirates Airline, which starts services to and from North America next spring, has won a major award from a top US aviation magazine. Air Transport World honoured the fast-growing international carrier with the "Passenger Service ... More

INFRASTRUCTURE


Budget may set norms for airports revamp
IF you were overawed by the beauty of Changi airport in Singapore, then just wait. The airports of Delhi and Mumbai are in for a major face-lift. Come February 28, the Finance Minister, Mr Jaswant Singh, is likely to outline the broad ... More

SHIPPING


Kerala HC orders sale of UAE ship
THE Kerala High Court has appointed two advocates as joint commissioners to take possession of the stranded UAE vessel m.t. Arabian Victory and to sell the ship by inviting bids. The ship with 9 crew members had earlier sought refuge on ... More

Plans to make Chennai container terminal a transhipment hub
`At present, the absence of direct mainline service from the South Indian ports has benefited the neighbouring Sri Lanka as practically Colombo port has been taking away a volume of 7,50,000 TEUs of cargo from India through feeder service. Indian shi ppers using Colombo port route to catch mainline vessels suffered both tangible and intangible costs by way of additional costs on feeder and transhipment and the inability to save on inventories or the just-in-time management.' Mr Ganesh Raj, Chief Executive Officer, CCTL said. More

Vizag port asks IOC, SCI to undertake lighterage operation
The essence of the operation will be that huge crude carriers — very large crude carriers (VLCCs) and ultra large crude carriers (ULCCs) — even as they float will discharge the cargo in smaller daughter vessels for the second round of dis charge in other ports. More

Record handling at NMPT
MANGALORE: The New Mangalore Port (NMPT) handled a record quantity of 13,311 metric tonnes of limestone in a day on February 16, surpassing the earlier record of having handled 9,848 metric tonnes last year. According to a release issued ... More

RAILWAYS


Ministry notifies jurisdiction of new Railway divisions
THE Ministry of Railways has notified the revised jurisdiction of 23 existing railway divisions and has fixed the same for the eight newly created divisions. While the area of jurisdiction of Nanded, Agra, Guntur, Raipur, Ranchi, Pune, Rangia ... More
Ships in Ports
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Looking back
Feb. 9-Feb. 15
Norms eased for pvt participation in ports — Port trusts told to waive minimum guaranteed throughput


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