Indian Oil Corporation has sold 18,000-20,000 tonnes of naphtha for Oct 29 to Nov 3 loading from Kandla after cancelling a previous tender for the same cargo due to low bids, traders said.
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New custom norms at Tuticorin port concern traders
A recent public notice by Tuticorin Customs giving more responsibilities to the operators of 13-odd container freight stations (CFSs) at the port has caused concern among traders. Stakeholders say it would make the operating procedure more complex and take away the advantages the export-import trade currently enjoys here.
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BMC to build 33 foot over bridges next year
Brihanmumbai Municipal Corporation (BMC) has sanctioned plans to construct 33 foot over bridges (FOB) across the city of Mumbai.