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.
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.