While ecommerce companies, seeing steady sales, have been paying warehousing service providers on time, some companies in the fashion apparel segment have not paid for transportation services availed back in February and March, said Anshuman Singh, chairman of Warburg Pincus-based Stellar Value Chain solutions.
"Patel has been appointed Chairman of the Governing Body of the National Institute of Public Finance and Policy. He serves on the Investment Advisory Committee of the Army Group Insurance," GE Shipping said, providing a brief profile of Patel.
The new Ro-Pax vessels have a capacity of 200 passengers and along with these, can carry 2 trucks and 4 cars. These vessels have low draft, good maneuverability in comparison to the earlier Ro-Ro vessels which had less maneuverability due to bigger size and high draft for which it faced difficulty in plying over River Brahmaputra.
The appellate tribunal rejected Kalantri's submissions contending that NCLT has failed to consider objections raised by it over the resolution plan submitted by APSEZ and rejected the settlement proposal submitted by his company Balaji Infra Projects Ltd (BIPL).
The shipping ministry on Friday said it has waived off waterway usage charges in a bid to promote inland waterways as a cheaper mode of transport. Water usage charge was applicable on use of all the national waterways by vessels, and the waiver, applicable immediately, will remain in effect for a period of three years.
The Arabian Sea around the country's south-west coast is a busy route with a substantial number of merchant ships passing through the area along with a large number of fishing vessels also operating there, resulting in collisions and loss of lives at times.
Diesel price for the first time in living memory crossed the rate of petrol in the national capital on Wednesday when prices were raised for a record 18th day in a row. Diesel now costs Rs 79.88 per litre in Delhi as compared to petrol price of Rs 79.76 a litre.
The government has proposed a major ports bill, which is under discussion, to empower ports to set their own tariffs, Kumar said. It would also allow ports to compete freely with other ports around the world, he added.
Mansukh Mandaviya Minister of State for Shipping (Independent Charge) said that the route will open doors of new opportunities for both the countries. It will provide the alternative and shorter route to connect the North East Region through Bangladesh. Mandaviya said that this is a historic move to utilize Chattogram and Mongla Port for movement of India’s transit cargo.
India has 12 major ports -- Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), VO Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- that handle about 61 per cent of the country's total cargo traffic. These 12 ports had handled 705 MT of cargo in the last financial year.
The impact of possible industrial action, the murmurs of which have already been felt in states such as Kerala, Madhya Pradesh and Uttarakhand, threatens the movement of essential goods and food items – consignments that dominate road transport these days. Utilisation levels are still at 35% for non-essential and 65% for the essential categories.