Fire breaks out at VCTPL
NewsA fire at Visakhapatnam Container Terminal originated from a container with lithium batteries and was quickly controlled with no injuries or major damage.
IR cleared to draw Japan loan
The Indian government has approved the terms of an overseas development assistance (ODA) loan from Japan to allow Indian Railways (IR) to start drawing Rs1.3B (US$26.5M) to commission an engineering study for the Western Dedicated Freight Corridor (DFC) project, which is expected to cost Rs262B.
The ODA is a soft loan with an interest rate of 0.2% a year, a repayment period of more than 30 years and a moratorium of 10 years.
Read this item in full
This complete item is approximately 250 words in length, and appeared in the October 2009 issue of WorldCargo News, on page 20. To access this issue download the PDF here.
You just read one of our articles for free
To continue reading, subscribe to WorldCargo News
By subscribing you will have:
- Access to all regular and exclusive content
- Discount on selected events
- Full access to the entire digital archive
- 10x per year Digital Magazine