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20 November 2008 The on-line newspaper devoted to the world of transports 09:12 GMT+1



April 5, 2004

Old Vessels May Drown Shipping Prospects

Kailash Rajwadkar

MUMBAI, APRIL 4: Shipping companies will have to invest $1 billion by 2007-08 to replace ageing tonnage of over 20 years.

The industry stands to lose its share in overseas trade, if the investment is not made at the earliest. Already India’s share in overseas trade has dipped from 31.5 per cent in 1999-00 to 17 per cent in 2003 ......
Read more on The Financial Express





ITAL-PRO-RA.MAR. Fortune International Trasport Autorità Portuale di Taranto


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