Shipping Industry In India

PSi, Inc.
July 1, 2004
9 Pages - Pub ID: PSII1020403

Abstract

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Countries covered: India

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 56 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. At present, India ranks 17th among maritime nations in terms of GRT.

Overview
Demand Drivers For Growth
Age Profile Of Indian Ships
Supply Factors
Composition Of Indian Fleet
Regulatory Framework
Major Players
Shipping Corporation Of India
Essar Shipping Ltd (Esl)
Varun Shipping Ltd (Vsl)
Outlook

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