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Yudhishthir Khatau News

25 Oct 2014

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain. The reasons are not too far to see. From the very beginning it has been reputed to be a mega event of South East Asia. It sought consistently to bring government representatives and the leading lights of the industry on to a common platform thus acting as a beacon for the country’s maritime trade to move on the road to progress. It has continued to garner support from every section of the trade and industry each time the event has taken place. This year the three-day event held last week brought together a bigger gathering of shipping elites and the who’s who in the industry.

30 May 2013

John Denholm Takes Over BIMCO Presidency

John Denholm

The new president of BIMCO, John Denholm, has identified environmental pressures facing the shipping industry as some of its most significant current challenges as he embarks upon his two year term. Speaking in Paris, as he took over the presidency of the shipping organization from Yudhishthir Khatau, Mr. The third BIMCO President from the Glasgow family shipping company, Mr. Denholm said that the challenges currently being faced by the industry are “more difficult and more complex” than those of the past.

03 Jan 2013

BIMCO Forecasts Growth; Analyzes Challenges to Shipping

BIMCO has published its Reflections 2013, a concise, condensed and thought-provoking analysis of the challenges facing the shipping industry today and during the coming year. Shipping is a key facilitator of world trade and the performance of this essential sector is completely interdependent with those of the global economy. While there is some optimism that the worst of the global downturn  is now behind us, a perceptive economic analysis outlines the challenges facing the main shipping sectors on account of the excessive supply of ships.

04 Jan 2012

BIMCO Forecasts Challenging Times in 2012

BIMCO President Y. Khatau

BIMCO has today published its Reflections 2012, which examines critical issues facing the shipping industry now and in the coming year. This concise but thought-provoking annual analysis of the world in which shipping operates considers the challenges facing one of the world’s most essential industries and its principal sectors. It emphasises the need for regulation to be maintained on a global basis, and calls for practical and pragmatic moves on environmental rules On the important human element…

12 Apr 2011

Sea Asia 2011 Opening Sessions in Singapore Today

Focus on the Bulk Sectors – Facing a Crisis or Ample Opportunities? The Sea Asia conference focused on the bulk markets this afternoon with a lively debate among panelists on where the tanker and dry bulk shipping markets are heading. The session was the highlight of the afternoon’s proceedings which followed on from the opening session on container market trades this morning. The show, which articulates the Voice of the Asian maritime communities, has captured the imagination of the global shipping community.

17 Oct 2005

India to Build Own LNG Fleet

Despite some delays, the Indian shipping industry appears to be finally gearing up to develop an LNG (liquefied natural gas) fleet. It is estimated that by 2012 India's LNG imports will almost equal Japan's current LNG imports of 60 million tons per annum. And to transport this quantity, the country will need about 25 LNG vessels by 2012 and 34 by 2025. Indian ship-owners are realizing the need to build up an LNG fleet. "Japan transported about 43 perent of its total LNG import of 59.1 million tonnes in 2003 on Japanese owned and controlled ships. Similarly, Korea transported about 61 per cent of its LNG imports of 19.3 million tonnes during that period on Korean controlled ships.