Key Statistics: Growth in the Indian shipping industry (coastal and overseas)

In a bid to take advantage of falling global crude prices to lock in supplies to meet future demand, Indian oil companies are looking to further ties with their overseas counterparts, either by acquiring assets or stepping up investments in overseas ventures. […]

Despite India’s long coastline of 7,517 km with 12 major and around 200 non-major ports, the coastal shipping segment remains severely underutilised. At present, only 7 per cent of the country’s domestic cargo is transported […]