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A look at the shipping industry - I

Aug 25, 2008

The shipping industry handles 95% by volume and 70% by value of India’s international trade. In order to understand this pivotal engine of economic growth and the companies operating in the sector, we shall look at the shipping industry from this article onwards.

Impact of scrapping of single-hull vessels

Sep 11, 2007

Following some big accidents in seas, environmental regulations have hardened for single hull tankers. The International Maritime Organistaion (IMO) has stipulated that all single hull ships be scrapped by 2010. According to Teekay Shipping, at the end of 2006, close to 25% of the world tanker fleet was single-hull.

Dry bulk rates: What to expect?

Sep 4, 2007

Freight rates for Capesize, the largest dry bulk carrier (used to transport coal, iron ore and other dry commodities) continue to scale new highs on firm demand to move cargo across the Pacific.

Shipping: The dredging opportunity

Aug 14, 2007

After offshore, dredging seems to be the latest buzz among the shipping companies. Lured by the dredging opportunities in India, companies like Mercator Lines, Essar Shipping and Shipping Corporation of India are planning to foray into this segment. In this article, we take a brief look at the business and try to understand the overall opportunity.

Mercator Lines posts 13% jump in net

Jan 22, 2000

A sharp growth in income from operations has helped Mercator Lines post a 13% jump in net profits during 3QFY00. A sharp rise in expenditure and interest expenditure have pulled down the company’s profit margins.

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