SlideShare a Scribd company logo
1 of 18
 The Indian Shipping has shown good growth from the
year 2000 to the year 2014 in terms of the number of
vessels as well as Gross Registered Tonnage (GRT).
Gross Registered Tonnage (GRT) applies to the vessel
and not to cargo. It is the weight of the volume
occupied by the closed in space of a ship taking 100
cubic feet of such closed in spaces as equivalent to one
vessel ton. It thus refers to the cubic capacity of the
vessels.
 At the time of Independence, The total number of
vessels in India was 59 with the total Gross Registered
Tonnage (GRT) amounting to 192 vessel tonnes during
the year 1947.
 The total number of vessels in India was 1204 with the
total Gross Registered Tonnage (GRT) amounting to
10309 tonnes during the year 2014.
 Thus, during the period between the year 1947 and the
year 2014, the absolute growth of 1145 was recorded in
the number of vessels with percentage growth of
1940.70%. In terms of GRT, the absolute growth of
10117 vessel tonnes was recorded in GRT with
percentage growth of 5269%.
 The Indian Shipping has shown good growth from the
year 1951 to the year 2014 in terms of Gross Registered
Tonnage (GRT).
 The total Gross Registered Tonnage (GRT) of Indian
Fleet was 391 tonnes with the average GRT amounting
to 3.8 tonnes in the year 1951
 The total GRT of Indian Fleet was 901 tonnes with the
average GRT amounting to 5.2 tonnes in the year 1961
 The total GRT increased by 510 tonnes (130.43%) as
compared to the year 1951 with the average GRT
increasing by 1.4 tonnes (36.84%).
 The total GRT of Indian Fleet was 2500 tonnes with
the average GRT amounting to 9.8 tonnes in the year
1971.The total GRT increased by 1599 (177.47%) as
compared to the year 1961 with the average GRT
increasing by 4.6 tonnes (88.46%).
 The total GRT of Indian Fleet was 11061 tonnes with
the average GRT amounting to 9.9 tonnes in the year
2011.The total GRT increased by 4093 tonnes (58.74%)
as compared to the year 2001 with the average GRT
decreasing by -2.6 tonnes (-20.8%).
Current scenario
 The Ministry of Shipping decided to rescind 13 Rules
under the Merchant Shipping Act, 1958 (as amended),
having found them to be obsolete and unnecessary.
 Out of the 13 Rules, 6 has been rescinded and 7 have
been pre-published before rescindments. The Ministry
simplified the procedure and eliminated the
requirement of registration of Ship Repair Units
(SRUs) with Directorate General (Shipping).
 INDIAN SHIPPING INDUSTRY IN 2010-2011
 Shipping play a important role in an Indian economy with
around 95 percent of the country trade by volume of 68
percent in terms of value being transport by sea as on 1 jan
2012. India had afleet strength of 1,122 ship with 10.01
million GT cater to india overseas trade and the rest to
coastal trade.
 Gross foregion exchange earning/savings of india ships in
2010-11 were 10,666.45 crores. The country with the highest
death weight tonnage (DWT) is Hong Kong.
 Though india has one of the largest merchant shipping
fleets among development countries,it is ranked 18th in the
world in terms of DWT with a share of only 1.09 percent as
on 1 jan 2011.in comparison to china is ranked 9th with a
share of 3.78 percent
Major Trading Nations (2008 trade
data
 USA 10.68
 Germany 8.22
 China 7.91
 Japan 4.78
 France 4.04
 Netherlands 3.72
 Italy 3.37
 UK 3.36
 Belgium 2.91
 Canada 2.70
 Taiwan 1.53
 India 1.45
 Saudi Arabia 1.27
 Australia 1.19



 Challenges faced by coastal shipping in India
 It is cost-effective, environment friendly and more
favored than alternative modes of cargo transport in
developed countries. Despite its wide scope and
popularity in other nations, India has sadly never
realized coastal shipping’s true potential.
Situation in India
 12 of India’s 26 states are covered by the seacoast,
spreading across 7,517 kms and about 200 small
harbours. Despite a strong platform, the government
has so far failed to transform coastal shipping into a
lucrative business opportunity in India. Most cargo
that can be transported via costal shipments are still
being transported in traditional modes like Rail and
Road.
 Major challenges in India’s coastal shipping
 Lack of infrastructure: it is one of the biggest obstacles
faced in coastal shipping industry. The government has
failed to develop infrastructure that is expected to
make shipment easy and efficient.
 Lack of lucrative government schemes: Unlike other
channels of transportation, the government has not
made any efforts to benefit coastal shipping users
financially.
5 Problems Affecting Seafarers
 1. Lenient Registries: Today, maximum seafarers
working on ships belongs to countries such as
Philippines, Ukraine, China, Bangladesh, Pakistan, .
 2. Mindless Security Measures at Ports: Until some
years back, before the International ship and port
facility security (ISPS) code, it was very convenient for
ship’s crew to finish the work by late afternoon and then
easily go out to refresh themselves ashore.
 3. Difficulty to Join Ship: With fast loading and
discharging rates of the cargo at ports, especially for
the former, it has become increasingly difficult for a
seafarer to fly out and join a ship in a distant port.
 4. Lack of Proper Training: In the matter of seafarer
training, greater emphasis should be given to on-board
training involving marine equipment manufacturers
and shipyard personnel.
 CHALLENGES TROUBLING THE SHIPPING
INDUSTRY
 Low demand and oversupply =
Demand from China, the world’s largest importer of
bulk commodities is slowing down, more quickly than
expected. And pouring to the existing woes is the
delivery of ships whose orders were placed before the
financial crisis.
 Security threat
The high number of incidents of piracy and armed
robbery against ships, off the Somali coast and in the
Gulf of Aden is something that the whole world is
aware of, and is a growing concern for the maritime
industry that is heavily affected by these incidents.
 Environmental regulations
Maritime transport emits around 1000m tonnes of CO2
annually and is responsible for about 2.5% of global
greenhouse gas emissions. These emissions are
predicted to increase utp 250% by 2050 in absence of
installation of newer energy saving technologies.

More Related Content

What's hot

Container Shipping Lines and their Services
Container Shipping Lines and their ServicesContainer Shipping Lines and their Services
Container Shipping Lines and their ServicesRajesh Kumaran
 
Sea ports in india
Sea ports in indiaSea ports in india
Sea ports in indiaRenosh R
 
SERVICE MARKETING ON PORTS
SERVICE MARKETING ON PORTSSERVICE MARKETING ON PORTS
SERVICE MARKETING ON PORTSAMIR KHAN
 
Coastal shipping scenario in india
Coastal shipping scenario in india Coastal shipping scenario in india
Coastal shipping scenario in india Heisenberg26
 
International Maritime Trade Overview
International Maritime Trade OverviewInternational Maritime Trade Overview
International Maritime Trade OverviewTristan Wiggill
 
Shipping industry challenges and the way forward
Shipping industry challenges and the way forwardShipping industry challenges and the way forward
Shipping industry challenges and the way forwardIrakli Kandelaki
 
Importance of shipping in international business.pptx
Importance of shipping in international business.pptxImportance of shipping in international business.pptx
Importance of shipping in international business.pptxCINEC Campus
 
Presentation of ocean transportation
Presentation of ocean transportationPresentation of ocean transportation
Presentation of ocean transportationHüseyin Tekler
 
Port operations & management slideshow
Port operations & management slideshowPort operations & management slideshow
Port operations & management slideshowVijay Hiranandani
 
Shipping trade types tramp and liner shipping
Shipping trade types tramp and liner shippingShipping trade types tramp and liner shipping
Shipping trade types tramp and liner shippingSourabh Kayakkalakath
 
Modes of transport
Modes of transportModes of transport
Modes of transportEstefi Tovar
 
Cargo handling facilities (sea ways)
Cargo handling facilities (sea ways)Cargo handling facilities (sea ways)
Cargo handling facilities (sea ways)cidroypaes
 

What's hot (20)

Ports in india and its facilities
Ports in india and its facilitiesPorts in india and its facilities
Ports in india and its facilities
 
Container Shipping Lines and their Services
Container Shipping Lines and their ServicesContainer Shipping Lines and their Services
Container Shipping Lines and their Services
 
Transportation
 Transportation Transportation
Transportation
 
Air cargo overview ppt
Air cargo overview pptAir cargo overview ppt
Air cargo overview ppt
 
Sea ports in india
Sea ports in indiaSea ports in india
Sea ports in india
 
SERVICE MARKETING ON PORTS
SERVICE MARKETING ON PORTSSERVICE MARKETING ON PORTS
SERVICE MARKETING ON PORTS
 
Coastal shipping scenario in india
Coastal shipping scenario in india Coastal shipping scenario in india
Coastal shipping scenario in india
 
International Maritime Trade Overview
International Maritime Trade OverviewInternational Maritime Trade Overview
International Maritime Trade Overview
 
Shipping industry challenges and the way forward
Shipping industry challenges and the way forwardShipping industry challenges and the way forward
Shipping industry challenges and the way forward
 
Importance of shipping in international business.pptx
Importance of shipping in international business.pptxImportance of shipping in international business.pptx
Importance of shipping in international business.pptx
 
Presentation of ocean transportation
Presentation of ocean transportationPresentation of ocean transportation
Presentation of ocean transportation
 
Air cargo logistics
Air cargo logisticsAir cargo logistics
Air cargo logistics
 
Port operations & management slideshow
Port operations & management slideshowPort operations & management slideshow
Port operations & management slideshow
 
Different types of vessels in world merchant fleet
Different types of vessels in world merchant fleetDifferent types of vessels in world merchant fleet
Different types of vessels in world merchant fleet
 
Shipping trade types tramp and liner shipping
Shipping trade types tramp and liner shippingShipping trade types tramp and liner shipping
Shipping trade types tramp and liner shipping
 
Multimodal transport
Multimodal transportMultimodal transport
Multimodal transport
 
marine cargo handling system and machines
marine cargo handling system and machines marine cargo handling system and machines
marine cargo handling system and machines
 
Modes of transport
Modes of transportModes of transport
Modes of transport
 
Cargo handling facilities (sea ways)
Cargo handling facilities (sea ways)Cargo handling facilities (sea ways)
Cargo handling facilities (sea ways)
 
Indian ports (1)
Indian ports (1)Indian ports (1)
Indian ports (1)
 

Similar to Ppt on growth of shipping industry

Importance of shipping in international business
Importance of shipping in international businessImportance of shipping in international business
Importance of shipping in international businessLalithEdirisinghe3
 
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian Ocean
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian OceanIONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian Ocean
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian OceanNavy Webmaster
 
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies Prayag Mohanty
 
Asia Days 2013 - Indian maritime sector
Asia Days 2013 - Indian maritime sectorAsia Days 2013 - Indian maritime sector
Asia Days 2013 - Indian maritime sectorInnovation Norway
 
The Irish Maritime Transport Economist, Volume 14 2017
The Irish Maritime Transport Economist, Volume 14 2017The Irish Maritime Transport Economist, Volume 14 2017
The Irish Maritime Transport Economist, Volume 14 2017Ciaran Corr
 
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...IOSR Journals
 
Multimodal transport development
Multimodal transport developmentMultimodal transport development
Multimodal transport developmentHeisenberg26
 
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...Francisca Tanimojo
 
Irish Maritime Transport Economist Volume 13, 2016
Irish Maritime Transport Economist Volume 13, 2016Irish Maritime Transport Economist Volume 13, 2016
Irish Maritime Transport Economist Volume 13, 2016Ciaran Corr
 
MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...
 MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV... MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...
MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...Aman Dwivedi
 
MIP - Executive Summary Report
MIP - Executive Summary ReportMIP - Executive Summary Report
MIP - Executive Summary Reportvatsal16nmims
 
An Analysis Of Turnaround Time In Ref. To Chennai Port Trust
An Analysis Of Turnaround Time In Ref. To Chennai Port TrustAn Analysis Of Turnaround Time In Ref. To Chennai Port Trust
An Analysis Of Turnaround Time In Ref. To Chennai Port TrustKarla Adamson
 
econoMAX - Sea transport and its impact on globalisation
econoMAX - Sea transport and its impact on globalisationeconoMAX - Sea transport and its impact on globalisation
econoMAX - Sea transport and its impact on globalisationtutor2u
 
Market Research Report : Shipping and port market in india 2014 - Sample
Market Research Report : Shipping and port market in india 2014 - SampleMarket Research Report : Shipping and port market in india 2014 - Sample
Market Research Report : Shipping and port market in india 2014 - SampleNetscribes, Inc.
 

Similar to Ppt on growth of shipping industry (20)

India :Ports Sector Report_August 2013
India :Ports Sector Report_August 2013India :Ports Sector Report_August 2013
India :Ports Sector Report_August 2013
 
Importance of shipping in international business
Importance of shipping in international businessImportance of shipping in international business
Importance of shipping in international business
 
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian Ocean
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian OceanIONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian Ocean
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian Ocean
 
Ijmet 06 10_006
Ijmet 06 10_006Ijmet 06 10_006
Ijmet 06 10_006
 
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies
AN ANALYSIS ON SEABORNE VESSEL TRAFFIC & ECONOMY | Maritime Studies
 
Market Outlook
Market OutlookMarket Outlook
Market Outlook
 
Asia Days 2013 - Indian maritime sector
Asia Days 2013 - Indian maritime sectorAsia Days 2013 - Indian maritime sector
Asia Days 2013 - Indian maritime sector
 
The Irish Maritime Transport Economist, Volume 14 2017
The Irish Maritime Transport Economist, Volume 14 2017The Irish Maritime Transport Economist, Volume 14 2017
The Irish Maritime Transport Economist, Volume 14 2017
 
Kandla port
Kandla portKandla port
Kandla port
 
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...
Measurement of Efficiency Level in Nigerian Seaport after Reform Policy Imple...
 
Multimodal transport development
Multimodal transport developmentMultimodal transport development
Multimodal transport development
 
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...
AN APPRAISAL OF PORT CONCESSIONS IN NIGERIA AND ITS ROLE IN ACHIEVING THE MAR...
 
Blue water navy and india
Blue water navy and indiaBlue water navy and india
Blue water navy and india
 
Irish Maritime Transport Economist Volume 13, 2016
Irish Maritime Transport Economist Volume 13, 2016Irish Maritime Transport Economist Volume 13, 2016
Irish Maritime Transport Economist Volume 13, 2016
 
MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...
 MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV... MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...
MAJOR RESEARCH PROJECT REPORT ON A COMPARATIVE STUDY OF SELECT PUBLIC & PRIV...
 
MIP - Executive Summary Report
MIP - Executive Summary ReportMIP - Executive Summary Report
MIP - Executive Summary Report
 
Inland Waterway Transportation (IWT) in INDIA
Inland Waterway Transportation (IWT) in INDIAInland Waterway Transportation (IWT) in INDIA
Inland Waterway Transportation (IWT) in INDIA
 
An Analysis Of Turnaround Time In Ref. To Chennai Port Trust
An Analysis Of Turnaround Time In Ref. To Chennai Port TrustAn Analysis Of Turnaround Time In Ref. To Chennai Port Trust
An Analysis Of Turnaround Time In Ref. To Chennai Port Trust
 
econoMAX - Sea transport and its impact on globalisation
econoMAX - Sea transport and its impact on globalisationeconoMAX - Sea transport and its impact on globalisation
econoMAX - Sea transport and its impact on globalisation
 
Market Research Report : Shipping and port market in india 2014 - Sample
Market Research Report : Shipping and port market in india 2014 - SampleMarket Research Report : Shipping and port market in india 2014 - Sample
Market Research Report : Shipping and port market in india 2014 - Sample
 

Recently uploaded

Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...Suhani Kapoor
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfAdnet Communications
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdfHenry Tapper
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managmentfactical
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...yordanosyohannes2
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionMuhammadHusnain82237
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 

Recently uploaded (20)

Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
VIP Call Girls LB Nagar ( Hyderabad ) Phone 8250192130 | ₹5k To 25k With Room...
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Lundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdfLundin Gold April 2024 Corporate Presentation v4.pdf
Lundin Gold April 2024 Corporate Presentation v4.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdf
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
SBP-Market-Operations and market managment
SBP-Market-Operations and market managmentSBP-Market-Operations and market managment
SBP-Market-Operations and market managment
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th edition
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 

Ppt on growth of shipping industry

  • 1.
  • 2.  The Indian Shipping has shown good growth from the year 2000 to the year 2014 in terms of the number of vessels as well as Gross Registered Tonnage (GRT). Gross Registered Tonnage (GRT) applies to the vessel and not to cargo. It is the weight of the volume occupied by the closed in space of a ship taking 100 cubic feet of such closed in spaces as equivalent to one vessel ton. It thus refers to the cubic capacity of the vessels.
  • 3.  At the time of Independence, The total number of vessels in India was 59 with the total Gross Registered Tonnage (GRT) amounting to 192 vessel tonnes during the year 1947.  The total number of vessels in India was 1204 with the total Gross Registered Tonnage (GRT) amounting to 10309 tonnes during the year 2014.  Thus, during the period between the year 1947 and the year 2014, the absolute growth of 1145 was recorded in the number of vessels with percentage growth of 1940.70%. In terms of GRT, the absolute growth of 10117 vessel tonnes was recorded in GRT with percentage growth of 5269%.
  • 4.
  • 5.  The Indian Shipping has shown good growth from the year 1951 to the year 2014 in terms of Gross Registered Tonnage (GRT).  The total Gross Registered Tonnage (GRT) of Indian Fleet was 391 tonnes with the average GRT amounting to 3.8 tonnes in the year 1951  The total GRT of Indian Fleet was 901 tonnes with the average GRT amounting to 5.2 tonnes in the year 1961  The total GRT increased by 510 tonnes (130.43%) as compared to the year 1951 with the average GRT increasing by 1.4 tonnes (36.84%).
  • 6.  The total GRT of Indian Fleet was 2500 tonnes with the average GRT amounting to 9.8 tonnes in the year 1971.The total GRT increased by 1599 (177.47%) as compared to the year 1961 with the average GRT increasing by 4.6 tonnes (88.46%).  The total GRT of Indian Fleet was 11061 tonnes with the average GRT amounting to 9.9 tonnes in the year 2011.The total GRT increased by 4093 tonnes (58.74%) as compared to the year 2001 with the average GRT decreasing by -2.6 tonnes (-20.8%).
  • 7.
  • 8. Current scenario  The Ministry of Shipping decided to rescind 13 Rules under the Merchant Shipping Act, 1958 (as amended), having found them to be obsolete and unnecessary.  Out of the 13 Rules, 6 has been rescinded and 7 have been pre-published before rescindments. The Ministry simplified the procedure and eliminated the requirement of registration of Ship Repair Units (SRUs) with Directorate General (Shipping).
  • 9.
  • 10.  INDIAN SHIPPING INDUSTRY IN 2010-2011  Shipping play a important role in an Indian economy with around 95 percent of the country trade by volume of 68 percent in terms of value being transport by sea as on 1 jan 2012. India had afleet strength of 1,122 ship with 10.01 million GT cater to india overseas trade and the rest to coastal trade.  Gross foregion exchange earning/savings of india ships in 2010-11 were 10,666.45 crores. The country with the highest death weight tonnage (DWT) is Hong Kong.  Though india has one of the largest merchant shipping fleets among development countries,it is ranked 18th in the world in terms of DWT with a share of only 1.09 percent as on 1 jan 2011.in comparison to china is ranked 9th with a share of 3.78 percent
  • 11. Major Trading Nations (2008 trade data  USA 10.68  Germany 8.22  China 7.91  Japan 4.78  France 4.04  Netherlands 3.72  Italy 3.37  UK 3.36  Belgium 2.91  Canada 2.70  Taiwan 1.53  India 1.45  Saudi Arabia 1.27  Australia 1.19   
  • 12.  Challenges faced by coastal shipping in India  It is cost-effective, environment friendly and more favored than alternative modes of cargo transport in developed countries. Despite its wide scope and popularity in other nations, India has sadly never realized coastal shipping’s true potential.
  • 13. Situation in India  12 of India’s 26 states are covered by the seacoast, spreading across 7,517 kms and about 200 small harbours. Despite a strong platform, the government has so far failed to transform coastal shipping into a lucrative business opportunity in India. Most cargo that can be transported via costal shipments are still being transported in traditional modes like Rail and Road.
  • 14.  Major challenges in India’s coastal shipping  Lack of infrastructure: it is one of the biggest obstacles faced in coastal shipping industry. The government has failed to develop infrastructure that is expected to make shipment easy and efficient.  Lack of lucrative government schemes: Unlike other channels of transportation, the government has not made any efforts to benefit coastal shipping users financially.
  • 15. 5 Problems Affecting Seafarers  1. Lenient Registries: Today, maximum seafarers working on ships belongs to countries such as Philippines, Ukraine, China, Bangladesh, Pakistan, .  2. Mindless Security Measures at Ports: Until some years back, before the International ship and port facility security (ISPS) code, it was very convenient for ship’s crew to finish the work by late afternoon and then easily go out to refresh themselves ashore.
  • 16.  3. Difficulty to Join Ship: With fast loading and discharging rates of the cargo at ports, especially for the former, it has become increasingly difficult for a seafarer to fly out and join a ship in a distant port.  4. Lack of Proper Training: In the matter of seafarer training, greater emphasis should be given to on-board training involving marine equipment manufacturers and shipyard personnel.
  • 17.  CHALLENGES TROUBLING THE SHIPPING INDUSTRY  Low demand and oversupply = Demand from China, the world’s largest importer of bulk commodities is slowing down, more quickly than expected. And pouring to the existing woes is the delivery of ships whose orders were placed before the financial crisis.
  • 18.  Security threat The high number of incidents of piracy and armed robbery against ships, off the Somali coast and in the Gulf of Aden is something that the whole world is aware of, and is a growing concern for the maritime industry that is heavily affected by these incidents.  Environmental regulations Maritime transport emits around 1000m tonnes of CO2 annually and is responsible for about 2.5% of global greenhouse gas emissions. These emissions are predicted to increase utp 250% by 2050 in absence of installation of newer energy saving technologies.