Indian Shipping Industry

Navi Mumbai, Maharashtra India (PressExposure) September 05, 2007 -- Bharat Book Bureau, a leading market information distributor has put forth a report – ‘Indian Shipping Industry’ ([])

The report elucidates facts about the Shipping Industry, supplemented by latest statistical data and comprehensive analysis of topics given in the Contents.

Emphasis is laid on the following key subject matters to accomplish the report.

• The intractable link between the fortunes of Indian shipping Industry and the world shipping industry. • The story of world and Indian shipping industry till now, with particular focus on the characteristics of the industry. • Arrival of China in the world sea trade canvas, making it a key driver in the dry bulk volumes growth. India’s dry bulk trade prospects with specific focus on iron ore export and coal import volumes. • Changing trade routes for both product and crude tankers due to two factors: first, dislocation of refineries from developed countries to developing countries and second, increasing energy demands from Asian countries. India being a fast growing economy, its continuation as crude importer and evolution into product exporter. • Exponential growth expected in the volumes of container sea trade, making it the most exciting segment in shipping for future. Lack of investments in the container segment by Indian shipping companies leading to a large portion of the domestic container traffic growth being captured by foreign shipping companies. • An analysis of the freight rates in past for dry, wet and bulk container vessel market together with CARE’s perspective on the freight rates in future. • Challenges ahead of the Indian shipping industry, especially the fiscal and legal environment which are at divergence with international standards. • The need of Indian government to play a facilitative role to increase Indian tonnage. • Company analysis of the top players in terms of their fleet details, orderbook position and operating margins.

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Press Release Submitted On: August 03, 2007 at 4:54 am
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