THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, May 29, 2000

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Logistics

Shipping
Haldia jetty thirsts for work
CRUDE TANKERS calling at the Haldia dock are facing pre-berthing detention problems despite there being three oil jetties. When several tankers from Indian Oil Corporation carrying crude for Haldia Refinery arrive at the same time, only two jetties, having pipeline connections with the refinery's storage tanks, are able to handle the load. The third jetty has been constructed in such a way that it can handle crude only for IOC's Barauni Refinery and is connected to the Ha ldia-Barauni crude pipeline network.

Hyundai bargain
HYUNDAI Heavy Industries Ltd has won a bargain for lowering the price of four Aframax carriers to be purchased by the Shipping Corporation of India. The purchase was cleared by the Union Cabinet recently.

NHAI appeal to PM
THE National Highways Authority of India (NHAI), vested with implementation of the National Highways Development Project (NHDP), recently requested the Prime Minister's Office (PMO) to give it a free hand in handling the job, without any bure aucratic interference.

Transport
VPT sees sharks in the bay
WITH SEVERAL new private sector ports proposed along the east coast, the Visakhapatnam port feels threatened. This is because the emergence of more bulk-handling ports in close proximity will intensify competition, possibly unhea lthy too. Each port will try to grab the share of traffic to be generated virtually from the same hinterland, lending rate wars and sharp practices.

Piping LPG to Hyderabad
THE GAS Authority of India Ltd (GAIL) is doing the spadework required to start work by the year end on the proposed 600-km pipeline for transporting liquified petroleum gas (LPG) between Vizag and Hyderabad.



Chennai's MRTS: Not on fast track, yet
THE SOUTHERN Railway has been trying to woo Chennaites into using the Mass Rapid Transit System (MRTS), though without much success. A majority of the travelling public in Chennai still prefers the crowded public transport buses to the new r ailway system, much of which is on an elevated structure.


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