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Ports & Shipping

Tough Times: Shipping companies and shipyards struggle for survival

June 13, 2016

During the past few years, Indian shipping companies and shipyards have been facing tough times. The slowdown in the global economy has led to fewer orders for commercial vessels, which has meant declining revenues and […]

Ports & Shipping

Shipping Overview: A string of initiatives

June 13, 2016

The Indian shipping industry continued to face challenging times in the past one year. Shipping companies and shipyards witnessed a fall in freight rates, decline in revenues and fewer shipbuilding orders. On the positive side, […]

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