Vizhinjam gets a head start in its quest to be a major transhipment hub
Vizhinjam Port, touted as India’s “hub counter” to Colombo in Sri Lanka, is gaining interest ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
State-run banks are being urged by the Indian government to trade debt for equity in struggling carrier Jet Airways. This report in Cargo Forwarder suggests part of the push is linked to pending elections. And with local reports claiming that major shareholder Etihad is planning to ditch the troubled airline, Narenda Modi is asking not just banks but the National Investment and Infrastructure Fund to take on at least a third of Jet until a new buyer can be found. To date, the airline has racked up more than $1bn in debt, leaving not only creditors but employees, lessors, and suppliers out of pocket. And according to the latest news from Bloomberg, chairman and founder Naresh Goyal has now stepped down and two-thirds of the fleet have been grounded.
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