Turkish turnkey solution provider Robosistem Elektronik has entered the Indian market in partnership with engineering heavyweight Brady & Morris Engineering Co. Ltd. The duo will be offering automated storage and retrieval systems (AS/RS) under the brand name Robostore.

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Reputed German manufacturer of residential and industrial doors, and dock loading technology, Hörmann KG, has announced the setting up of a direct Indian subsidiary at CeMAT India 2008.

The Indian operations will be headed by Marcus Schroder, Managing Director, Hörmann India Pvt. Ltd.

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Downturns can bring down the best of companies. But the first ones to go are not the best of companies. They might be among the most admired, the most talked about, the most adored, but they are not the best. Excessive risk, unfavourable business conditions, extended downward business cycles, uncontrolled volatility – the list of reasons for justifying their current state is endless – but that still does not make them the best of companies.

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Container shipping major Maersk Line has announced in a trade advisory dated 18 November 08 that it will be reducing its Bunker Adjustment Factor surcharge on all trades from the West Coast of South America (including Northern Colombia) to Indian Subcontinent and Middle East Asia.

The new rates are significantly lower, coming down from USD 684 to USD 377 per TEU, and from USD 1368 to USD 754 per FEU.

These new rates will be effective from 1st December 2008.