The year 2004 has been pretty volatile for the global shipping industry, including the Indian players, as freight rates were impacted by uncertain moods of the oil market and a natural disaster towards the end of the year. Rising global oil production and demand led to shipping companies ramping up capacities (especially tanker tonnage) on a fast footing.
News
about 21 years ago
Global shipping: Riding the tide!
The year 2004 has been pretty volatile for the global shipping industry, including the Indian players, as freight rates were impacted by uncertain moods of the oil market and a natural disaster towards the end of the year. Rising global oil production and demand led to shipping companies ramping up
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