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Austrian Lufthansa Cargo operation starts on July 1

 

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Air Cargo Club of Delhi elects new managing committee for 2010-11
 

 

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AirBridgeCargo takes delivery of 10th Boeing 747F on July 23

   
     
 

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Traxon launches EDI link services to South African customs

 

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Coastal shipping rules likely to be relaxed for Vallarpadam Container Terminal, Kerala

 

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FIEO commends RBI's mid quarter review policy on credit

   
     
 

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Export to USA and EU increases by 2% and 12% respectively during January to May, 2010

 

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CBDT to remove ambiguity on 4% additional duty (countervailing duty) return

 

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Supply Chain Leadership council to organise India Container Logistics Summit in Mumbai on August 27

   


 
 
 

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Southern Asia Port, Logistics & Shipping 2010 Conference to be held in Mumbai on September 16 and 17

 

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Viksun Carriers: Emphasising on door-to-door shipments and project cargo

   

 

     
   

 

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Company Profile:
Viksun Carriers: Emphasising on door-to-door shipment and project cargo


Viksun Carriers was established in 1994 by Anil Khosla at a time when India was going through major economic changes by adopting open door policy. Today, Viksun has emerged as the specialist logistics company with a keen understanding of the uniquely Indian operating conditions, infrastructure bottlenecks, complex logistical challenges due to a diverse topography and confounding documentation. The company is an ISO certified full service, one stop logistics service provider.

Viksun Carriers succeeded, all thanks to the vision of Khosla. He had been an integral part of the Indian logistics industry since 1979. His experience of over three decades includes specialised training in cargo management as well as practical experience. Since setting up Viksun Carriers, Khosla had seen the company to grow from strength to strength with his hands-on approach and keen vision. After Khosla’s demise on June 10, 2009, Vineet Chadha and Sushant Khosla have shared responsibility as directors of the company.

Chadha has also played an instrumental role in Viksun's growth since its inception. He brings with him industry experience of 15 years and invaluable insight that helps in quick decision making. On the other hand, Sushant added fresh perspective of the logistics business.

Viksun offers a complete customised package of solutions. The company offers various carriers and routing options, modes of transport and costing options depending on the criticality of the cargo. This gives customers flexibility of pricing, transport and transit time options all of which are necessary in today’s competitive and dynamic trade scenario.

Viksun Carrier’s major services include air freight, ocean freight, customs clearance, sea-air services, warehousing and distribution. Recently, Viksun Carriers opened its office at ICD Dadri and it is moving ahead towards door to door shipments and project cargo. The company also recently operated the logistics services for Formula cars and other tournament related cargo.

 

 Rise of Viksun Carriers

  • Viksun Carriers was established in 1994

  • The company is an ISO certified full service, one stop logistics service provider

  • Headquartered in New Delhi, Viksun has a warehouse in the city as well as near Delhi Airport with a capacity of 5,000 square feet area

  • The company has its branch office in Navi Mumbai and warehouse in CFS Dronagiri

  • Viksun has two containerised trucks

  • The company offers various carriers and routing options, modes of transport and costing options

  • Viksun Carrier’s major services include air freight, ocean freight, customs clearance, sea-air services, warehousing and distribution
     

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Austrian Lufthansa Cargo operation starts on July 1
 
The new Vienna-based Austrian Lufthansa Cargo, the subsidiary of Austrian Airlines and Lufthansa Cargo, commenced its operations on July 1. The new company is now marketing all freight capacities of both airlines in Austria. Freight activities in all other countries have been amalgamated under the management of Lufthansa Cargo. The new subsidiary will optimise freight traffic flows through the Frankfurt, Munich and Vienna hubs, and bundle the strengths of both partners in the freight business. Lufthansa Cargo has a 74 percent stake in the new company, while Austrian Airlines holds 26 per cent.

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Air Cargo Club of Delhi elects new managing committee for 2010-11
 
Sunil Kohli, JP Singh, Yashpal Sharma and Ravinder Katyal have been elected un-opposed as new president, vice president, honorary secretary and honorary treasurer respectively of the Air Cargo Club of Delhi (ACCD) for 2010-11. The election was held during the 33rd Annual General Meeting (AGM), on July 24 at Hotel Radisson, New Delhi. The elected managing committee members are Ravi Khera, Sanjay Gupta, Mahesh Trikha, Prem Sawhney, Ashwini Sharma and Sajan Kalra .The new managing committee has been elected for the year 2010-2011.

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AirBridgeCargo takes delivery of 10th Boeing 747F on July 23
 
AirBridgeCargo Airlines (ABC), the scheduled cargo airline of Russia’s Volga-Dnepr Group, has taken delivery of its third Boeing 747-400 freighter in four months, increasing its total fleet to 10 B747F.The latest aircraft joined ABC on July 23 and will be used on the airline’s existing route network linking Europe and Asia via hubs in Russia. Boeing 747F has a payload capacity of about 120 tonne cargo per flight. The carrier flies to India as non-schedule operator.

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Traxon launches EDI link services to South African customs
 
Recently, Traxon Europe has introduced the South African Revenue Services (SARS), a two-way communication channel for EDI messages. Following the lead set by the USA, Canada, India, China and the European Commission, South Africa also requires advanced electronic reporting for security reasons effective from July 1. Airlines flying freight to South Africa have to declare all shipments onboard prior to arrival in South Africa by means of certain EDI messages to the South African Revenue Services (SARS). The messaging service is now available in India through Traxon India.
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Coastal shipping rules likely to be relaxed for Vallarpadam Container Terminal, Kerala

According to the industry sources, the government is likely to relax the cabotage, or coastal shipping, regulations for Vallarpadam Container Terminal in Kerala to enable it to attract the Indian transhipment cargo that is now getting diverted to the Colombo port. The sources also said that the shipping ministry reportedly has taken an in principle decision on this and the final details are being worked out. The cabotage relaxation will allow foreign shipping lines to carry cargo between Vallarpadam and other Indian ports.
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FIEO commends RBI's mid quarter review policy on credit

Welcoming the Reserve Bank of India’s (RBI) initiative to undertake mid quarter review at the interval of about one and a half months, A Sakthivel, president, Federation of Indian Export Organisations (FIEO) said that this would ensure timely response to the evolving macro economic developments. He also maintained that though the global growth in the second half of 2010 is likely to be lower as compared to the first half but it would not affect Indian exports which are exhibiting a robust growth in sectors such as engineering, chemicals, petroleum, gems and jewellery which are important constituents of exports.
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Export to USA and EU increases by 2% and 12% respectively during January to May, 2010

According to the Ministry of Commerce and Industry, for the period January-May 2010, India’s exports to US and EU countries have increased by 2% and 12%, respectively compared to the corresponding period in 2009. However, the government of India has taken special initiatives in cooperation with the Textile Export Promotion Councils to increase market share in Japan, West Asia, Africa and Australia.
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CBDT to remove ambiguity on 4% additional duty (countervailing duty) return

In view of the fact that the divergent practices are being followed as regards to sanction of 4% countervailing duty (CVD) refund claims in the cases where assessments are provisional, the Central Board of Excise and Customs has decided that, Notification No.102/2007-Customs dated 14.9.2007 and Notification No. 93/2008-Customs dated 1.8.2008 should be disposed off despite the fact that the assessment continues to be provisional, without awaiting for finalisation of assessments. A suitable clarification will be issued by the board in order to ensure uniformity in procedure. A Public Notice and Standing Order in this regard may also be issued soon for the guidance of the trade and Customs staff.
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Supply Chain Leadership Council to organise India Container Logistics Summit in Mumbai on August 27

Supply Chain Leadership Council will organise a summit titled ‘India Container Logistics Summit’ on August 27, 2010 in Mumbai. The summit will focus on existing Indian container logistics scenario, the future trends and best practices and strategies in container logistics. The summit will also focus on the development of multi-modal transportation and private container rail operators in India. It will also focus on coastal shipping and role played by small ports in the development of container logistics.
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Southern Asia Port, Logistics & Shipping 2010 Conference to be held in Mumbai on September 16 and 17
 
‘Southern Asia Port, Logistics & Shipping’ is the leading annual container ports and terminal operations exhibitions and conference, a B2B trade event in the southern Asia region. The 5th edition of the annual conference will take place at the Leela Kempinski Hotel Mumbai on September 16 and 17, 2010. There will be a concurrent two days trade exhibition of 60 international companies showing latest container handling technology and services. The two days conference will feature 35 ports, shipping and logistics business leaders from over 20 countries.

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