Independent journal on economy and transport policy
19:01 GMT+2
INDIAN MERCHANT FLEET DECLINES
(Fairplay)
September 12, 1997
The Indian Merchant Fleet has declined to 476 ships aggregating 6.89m grt (11.29m dwt) as on July 1 this year, compared with 484 vessels totalling 7.05m grt (11.52m dwt) at the beginning of the year, according to the Indian National Shipowners Association. Just seven ships were added to the fleet during January-July 97 while 15 were scrapped. 245 ships are ...... Read more on Fairplay
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