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CMA CGM hikes freight rates

CMA CGM hikes freight rates

Effective March 3, shipping firm CMA CGM decided to raise freight rates on its trade from northern Europe to India and Pakistan. The firm would raise the tariff by $150 per 20-foot dry container and $200 per 40-foot dry container. Effective March 15, the ocean carrier will hike rates from all Asian ports to the east and west Mediterranean and Black Sea by $65

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Container throughput at Amingaon ICD may remain flat

Container throughput at Amingaon ICD may remain flat

The Amingaon inland container depot (ICD) in Guwahati may handle around the same number of containers in 2012-13 as last year, reports suggest. The ICD handled 2,600 twenty foot equivalent unit (TEUs) totaling 40 rakes in 2011-12. So far in 2012-13, the

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Beypore Port chief for exploiting coastal shipping opportunity

Beypore Port chief for exploiting coastal shipping opportunity

Jacob Thomas, Director of Beypore Port asked cargo vessel owners, potential stakeholders and shipping agents to exploit opportunities in coastal shipping by availing incentives offered by Kerala government. The state government announced a new coastal shipping cargo incentive programme under its coastal ship

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Ennore Port suggests use of land for rail link project

Ennore Port suggests use of land for rail link project

Ennore Port in Tamil Nadu suggested the state government to use a stretch of land for laying a rail link connecting the port to Nemilicheri, and eventually connecting the Chennai-Bangalore rail link. The 62-km ORR from Vandalur to Minjur is 125 m in width. A provision of 25 m had been made in the middle of the road for a possible railway link. Ennore Port suggested use of this space for constructing the

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Ennore Port suggests use of land for rail link project

Ennore Port suggests use of land for rail link project

Ennore Port in Tamil Nadu suggested the state government to use a stretch of land for laying a rail link connecting the port to Nemilicheri, and eventually connecting the Chennai-Bangalore rail link. The 62-km ORR from Vandalur to Minjur is 125 m in width. A provision of 25 m had been made in the middle of the road for a possible railway link. Ennore Port suggested use of this space for constructing the

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Ministry to discuss setting up of regulator

Ministry to discuss setting up of regulator

Union road ministry would soon discuss the proposal to form a regulator for the road and transport sector. After internal discussion, the road ministry would approach the cabinet for approval. The initiative in this regard is restarted in the wake of the recent move by some private companies exiting the projects on account of delay in

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Kerala govt promotes coastal shipping

Kerala govt promotes coastal shipping

The Kerala government is taking steps to boost transport of cargo through inland waterways and coastal shipping route in order to ease pressure on road infrastructure and also to reduce carbon footprint. In this regard, the state government announced a subsidy of Rs 1 for every 1 tonne of cargo moved through the coastal shipping