India: 616 Ships, 6.62 Million Tons

Wednesday, August 04, 2004
Research and Markets (http://www.researchandmarkets.com) has announced the addition of Shipping Industry in India to their offering. The Indian shipping industry consists of about 616 ships, with a total capacity of 6.62 million tons Gross Registered Tonnage (GRT). Of these, about 258 ships are engaged in overseas trade and the rest ply inland routes. After a period of decline, both tonnage and fleet size have grown recently, with the addition of ships -- tugs, survey vessels, towing vessels as well as pilot vessels -- belonging to ports and maritime boards. These were added between April 2002 and March 2003. There are about 55 shipping companies in the sector, of which 19 deal exclusively in coastal trade, and 29 are engaged in overseas trade. The rest operate in both types of trade. A few major players dominate the sector. Of these, the state-owned Shipping Corporation of India (SCI), and the private sector Great Eastern Shipping have mixed fleets. Essar Shipping focuses on the energy trade and mainly operates tankers. Chowgule Shipping and Varun Shipping are two other large companies in the sector. Varun Shipping operates mainly in wet, dry bulk, gas and chemical transport sectors and Chowgule moves bulk cargoes like iron ore, grain, coal, fertilizers etc.
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Vessels

Maersk Line Still the Leading Carrier on Reliability in Q2

During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can

Ecuador Coastguard Orders Damen Patrol Boats

Damen announced it has recently signed a contract with AstillerosNavalesEcuatorianos (Astinave) to construct two Damen Stan Patrols (Spa) 5009 for the Ecuadorian Coastguard.

TMT CEO Files $100m IP Suit Over Vessel Sale

Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group (TMT) launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.

 
 
Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1143 sec (9 req/sec)