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.:Maritime News :.
May-2019
23-May-2019 [18]
22-May-2019 [14]
21-May-2019 [15]
20-May-2019 [14]
17-May-2019 [17]
16-May-2019 [15]
15-May-2019 [17]
14-May-2019 [11]
13-May-2019 [13]
11-May-2019 [11]
9-May-2019 [12]
8-May-2019 [12]
7-May-2019 [14]
6-May-2019 [12]
3-May-2019 [13]
2-May-2019 [11]
April-2019
30-Apr-2019 [11]
27-Apr-2019 [5]
26-Apr-2019 [7]
25-Apr-2019 [14]
24-Apr-2019 [16]
23-Apr-2019 [14]
22-Apr-2019 [14]
18-Apr-2019 [15]
17-Apr-2019 [18]
16-Apr-2019 [13]
15-Apr-2019 [13]
13-Apr-2019 [8]
12-Apr-2019 [15]
11-Apr-2019 [15]
10-Apr-2019 [11]
9-Apr-2019 [13]
8-Apr-2019 [16]
5-Apr-2019 [11]
4-Apr-2019 [14]
3-Apr-2019 [17]
2-Apr-2019 [15]
1-Apr-2019 [14]
March-2019
30-Mar-2019 [7]
29-Mar-2019 [9]
28-Mar-2019 [14]
27-Mar-2019 [11]
25-Mar-2019 [9]
23-Mar-2019 [7]
22-Mar-2019 [18]
20-Mar-2019 [16]
19-Mar-2019 [16]
18-Mar-2019 [11]
16-Mar-2019 [9]
15-Mar-2019 [16]
14-Mar-2019 [13]
13-Mar-2019 [16]
12-Mar-2019 [15]
11-Mar-2019 [9]
9-Mar-2019 [5]
8-Mar-2019 [18]
7-Mar-2019 [13]
6-Mar-2019 [16]
4-Mar-2019 [12]
1-Mar-2019 [17]
February-2019
28-Feb-2019 [9]
27-Feb-2019 [14]
25-Feb-2019 [14]
23-Feb-2019 [10]
22-Feb-2019 [15]
21-Feb-2019 [16]
20-Feb-2019 [16]
19-Feb-2019 [14]
18-Feb-2019 [11]
16-Feb-2019 [10]
15-Feb-2019 [9]
14-Feb-2019 [15]
13-Feb-2019 [15]
12-Feb-2019 [14]
11-Feb-2019 [14]
7-Feb-2019 [14]
6-Feb-2019 [13]
5-Feb-2019 [14]
4-Feb-2019 [11]
2-Feb-2019 [9]
1-Feb-2019 [12]
January-2019
31-Jan-2019 [14]
30-Jan-2019 [12]
29-Jan-2019 [13]
28-Jan-2019 [14]
25-Jan-2019 [8]
24-Jan-2019 [14]
23-Jan-2019 [13]
22-Jan-2019 [15]
21-Jan-2019 [10]
18-Jan-2019 [15]
16-Jan-2019 [19]
12-Jan-2019 [8]
11-Jan-2019 [18]
10-Jan-2019 [18]
9-Jan-2019 [15]
8-Jan-2019 [12]
7-Jan-2019 [14]
5-Jan-2019 [8]
4-Jan-2019 [16]
3-Jan-2019 [13]
2-Jan-2019 [9]
December-2018
31-Dec-2018 [5]
29-Dec-2018 [12]
27-Dec-2018 [9]
26-Dec-2018 [11]
22-Dec-2018 [7]
21-Dec-2018 [15]
18-Dec-2018 [9]
17-Dec-2018 [11]
15-Dec-2018 [8]
14-Dec-2018 [13]
13-Dec-2018 [16]
12-Dec-2018 [15]
11-Dec-2018 [15]
10-Dec-2018 [17]
7-Dec-2018 [14]
6-Dec-2018 [14]
5-Dec-2018 [14]
4-Dec-2018 [14]
3-Dec-2018 [12]
1-Dec-2018 [8]
November-2018
30-Nov-2018 [13]
29-Nov-2018 [13]
28-Nov-2018 [14]
27-Nov-2018 [13]
26-Nov-2018 [13]
23-Nov-2018 [14]
22-Nov-2018 [11]
21-Nov-2018 [17]
20-Nov-2018 [13]
17-Nov-2018 [10]
16-Nov-2018 [13]
15-Nov-2018 [14]
14-Nov-2018 [16]
13-Nov-2018 [14]
12-Nov-2018 [13]
10-Nov-2018 [9]
8-Nov-2018 [13]
6-Nov-2018 [12]
5-Nov-2018 [12]
3-Nov-2018 [10]
2-Nov-2018 [12]
1-Nov-2018 [17]
October-2018
31-Oct-2018 [16]
29-Oct-2018 [14]
26-Oct-2018 [15]
25-Oct-2018 [11]
22-Oct-2018 [11]
20-Oct-2018 [11]
19-Oct-2018 [20]
17-Oct-2018 [17]
16-Oct-2018 [15]
15-Oct-2018 [15]
13-Oct-2018 [10]
12-Oct-2018 [15]
11-Oct-2018 [17]
10-Oct-2018 [14]
9-Oct-2018 [17]
6-Oct-2018 [10]
5-Oct-2018 [15]
4-Oct-2018 [14]
3-Oct-2018 [15]
1-Oct-2018 [13]
September-2018
29-Sep-2018 [10]
28-Sep-2018 [14]
27-Sep-2018 [18]
26-Sep-2018 [16]
25-Sep-2018 [20]
24-Sep-2018 [12]
22-Sep-2018 [4]
21-Sep-2018 [17]
20-Sep-2018 [15]
19-Sep-2018 [15]
18-Sep-2018 [15]
17-Sep-2018 [12]
15-Sep-2018 [11]
12-Sep-2018 [16]
11-Sep-2018 [15]
10-Sep-2018 [8]
7-Sep-2018 [13]
6-Sep-2018 [15]
5-Sep-2018 [10]
4-Sep-2018 [17]
3-Sep-2018 [11]
August-2018
30-Aug-2018 [14]
27-Aug-2018 [15]
24-Aug-2018 [11]
23-Aug-2018 [16]
22-Aug-2018 [15]
21-Aug-2018 [16]
20-Aug-2018 [12]
18-Aug-2018 [9]
17-Aug-2018 [17]
16-Aug-2018 [17]
14-Aug-2018 [20]
13-Aug-2018 [8]
11-Aug-2018 [9]
10-Aug-2018 [16]
9-Aug-2018 [18]
8-Aug-2018 [16]
7-Aug-2018 [13]
6-Aug-2018 [14]
4-Aug-2018 [9]
3-Aug-2018 [16]
2-Aug-2018 [18]
1-Aug-2018 [17]
July-2018
31-Jul-2018 [15]
30-Jul-2018 [11]
28-Jul-2018 [9]
27-Jul-2018 [12]
26-Jul-2018 [11]
25-Jul-2018 [13]
21-Jul-2018 [11]
19-Jul-2018 [9]
18-Jul-2018 [13]
17-Jul-2018 [13]
16-Jul-2018 [10]
14-Jul-2018 [6]
13-Jul-2018 [17]
12-Jul-2018 [13]
11-Jul-2018 [15]
10-Jul-2018 [18]
9-Jul-2018 [16]
6-Jul-2018 [16]
5-Jul-2018 [16]
4-Jul-2018 [16]
3-Jul-2018 [15]
June-2018
30-Jun-2018 [8]
29-Jun-2018 [17]
28-Jun-2018 [12]
27-Jun-2018 [19]
26-Jun-2018 [16]
25-Jun-2018 [15]
22-Jun-2018 [14]
21-Jun-2018 [16]
20-Jun-2018 [11]
19-Jun-2018 [11]
18-Jun-2018 [18]
16-Jun-2018 [7]
15-Jun-2018 [13]
14-Jun-2018 [18]
13-Jun-2018 [17]
12-Jun-2018 [11]
11-Jun-2018 [14]
8-Jun-2018 [15]
7-Jun-2018 [15]
6-Jun-2018 [15]
5-Jun-2018 [18]
4-Jun-2018 [11]
2-Jun-2018 [9]
1-Jun-2018 [16]
May-2018
31-May-2018 [19]
30-May-2018 [21]
29-May-2018 [18]
28-May-2018 [17]
26-May-2018 [10]
25-May-2018 [18]
24-May-2018 [21]
23-May-2018 [13]
22-May-2018 [10]
21-May-2018 [10]
19-May-2018 [17]
17-May-2018 [15]
16-May-2018 [12]
15-May-2018 [20]
14-May-2018 [14]
12-May-2018 [12]
10-May-2018 [18]
9-May-2018 [13]
8-May-2018 [18]
7-May-2018 [14]
4-May-2018 [14]
3-May-2018 [15]
2-May-2018 [21]
April-2018
30-Apr-2018 [11]
28-Apr-2018 [9]
27-Apr-2018 [15]
26-Apr-2018 [11]
25-Apr-2018 [17]
24-Apr-2018 [14]
23-Apr-2018 [12]
20-Apr-2018 [15]
18-Apr-2018 [14]
17-Apr-2018 [11]
16-Apr-2018 [12]
13-Apr-2018 [17]
12-Apr-2018 [15]
11-Apr-2018 [16]
10-Apr-2018 [18]
7-Apr-2018 [8]
6-Apr-2018 [14]
5-Apr-2018 [8]
4-Apr-2018 [15]
3-Apr-2018 [10]
2-Apr-2018 [17]
March-2018
31-Mar-2018 [9]
30-Mar-2018 [15]
29-Mar-2018 [13]
28-Mar-2018 [16]
27-Mar-2018 [14]
26-Mar-2018 [13]
24-Mar-2018 [7]
23-Mar-2018 [12]
22-Mar-2018 [13]
21-Mar-2018 [14]
20-Mar-2018 [11]
19-Mar-2018 [15]
16-Mar-2018 [12]
15-Mar-2018 [15]
14-Mar-2018 [2]
13-Mar-2018 [14]
12-Mar-2018 [11]
10-Mar-2018 [8]
9-Mar-2018 [15]
8-Mar-2018 [10]
7-Mar-2018 [14]
6-Mar-2018 [12]
5-Mar-2018 [15]
3-Mar-2018 [16]
1-Mar-2018 [17]
February-2018
28-Feb-2018 [16]
27-Feb-2018 [16]
24-Feb-2018 [8]
23-Feb-2018 [15]
22-Feb-2018 [13]
21-Feb-2018 [19]
19-Feb-2018 [12]
16-Feb-2018 [13]
15-Feb-2018 [18]
14-Feb-2018 [15]
13-Feb-2018 [18]
12-Feb-2018 [12]
10-Feb-2018 [8]
9-Feb-2018 [16]
8-Feb-2018 [15]
7-Feb-2018 [15]
6-Feb-2018 [15]
5-Feb-2018 [16]
3-Feb-2018 [9]
2-Feb-2018 [18]
1-Feb-2018 [14]
January-2018
31-Jan-2018 [15]
30-Jan-2018 [15]
29-Jan-2018 [17]
27-Jan-2018 [14]
25-Jan-2018 [20]
24-Jan-2018 [15]
23-Jan-2018 [18]
22-Jan-2018 [19]
19-Jan-2018 [18]
18-Jan-2018 [18]
17-Jan-2018 [14]
16-Jan-2018 [2]
15-Jan-2018 [12]
13-Jan-2018 [15]
12-Jan-2018 [17]
11-Jan-2018 [15]
10-Jan-2018 [17]
9-Jan-2018 [13]
8-Jan-2018 [15]
6-Jan-2018 [8]
5-Jan-2018 [14]
4-Jan-2018 [17]
3-Jan-2018 [13]
2-Jan-2018 [16]
December-2017
30-Dec-2017 [8]
29-Dec-2017 [16]
28-Dec-2017 [13]
27-Dec-2017 [15]
23-Dec-2017 [12]
22-Dec-2017 [12]
21-Dec-2017 [17]
20-Dec-2017 [17]
19-Dec-2017 [15]
18-Dec-2017 [17]
16-Dec-2017 [12]
15-Dec-2017 [14]
14-Dec-2017 [17]
13-Dec-2017 [18]
12-Dec-2017 [12]
11-Dec-2017 [15]
9-Dec-2017 [11]
8-Dec-2017 [15]
7-Dec-2017 [16]
6-Dec-2017 [16]
5-Dec-2017 [15]
4-Dec-2017 [16]
2-Dec-2017 [10]
1-Dec-2017 [15]
November-2017
30-Nov-2017 [15]
29-Nov-2017 [16]
28-Nov-2017 [18]
27-Nov-2017 [14]
25-Nov-2017 [6]
24-Nov-2017 [14]
23-Nov-2017 [15]
22-Nov-2017 [14]
21-Nov-2017 [15]
20-Nov-2017 [12]
18-Nov-2017 [9]
17-Nov-2017 [18]
16-Nov-2017 [19]
15-Nov-2017 [19]
14-Nov-2017 [16]
13-Nov-2017 [17]
11-Nov-2017 [11]
10-Nov-2017 [20]
9-Nov-2017 [7]
8-Nov-2017 [16]
7-Nov-2017 [16]
6-Nov-2017 [19]
4-Nov-2017 [19]
3-Nov-2017 [18]
1-Nov-2017 [13]
October-2017
31-Oct-2017 [15]
30-Oct-2017 [12]
28-Oct-2017 [14]
27-Oct-2017 [9]
26-Oct-2017 [10]
25-Oct-2017 [9]
24-Oct-2017 [9]
23-Oct-2017 [5]
18-Oct-2017 [3]
16-Oct-2017 [5]
13-Oct-2017 [1]
12-Oct-2017 [2]
11-Oct-2017 [1]
10-Oct-2017 [1]
9-Oct-2017 [2]
September-2017
22-Sep-2017 [1]
August-2017
11-Aug-2017 [1]
July-2017
27-Jul-2017 [1]
12-Jul-2017 [1]
10-Jul-2017 [1]
7-Jul-2017 [1]
3-Jul-2017 [1]
June-2017
30-Jun-2017 [1]
29-Jun-2017 [1]
23-Jun-2017 [1]
22-Jun-2017 [1]
21-Jun-2017 [1]
13-Jun-2017 [1]
May-2017
31-May-2017 [1]
29-May-2017 [1]
26-May-2017 [1]
25-May-2017 [1]
23-May-2017 [1]
22-May-2017 [2]
18-May-2017 [1]
16-May-2017 [1]
15-May-2017 [1]
12-May-2017 [1]
8-May-2017 [1]
4-May-2017 [1]
3-May-2017 [1]
2-May-2017 [1]
April-2017
28-Apr-2017 [1]
26-Apr-2017 [1]
25-Apr-2017 [1]
20-Apr-2017 [1]
18-Apr-2017 [1]
10-Apr-2017 [1]
7-Apr-2017 [1]
5-Apr-2017 [1]
3-Apr-2017 [1]
March-2017
31-Mar-2017 [1]
29-Mar-2017 [1]
27-Mar-2017 [1]
21-Mar-2017 [1]
17-Mar-2017 [1]
15-Mar-2017 [1]
8-Mar-2017 [1]
7-Mar-2017 [1]
6-Mar-2017 [1]
3-Mar-2017 [1]
2-Mar-2017 [1]
1-Mar-2017 [1]
February-2017
28-Feb-2017 [1]
27-Feb-2017 [1]
24-Feb-2017 [1]
23-Feb-2017 [1]
22-Feb-2017 [2]
20-Feb-2017 [1]
17-Feb-2017 [1]
16-Feb-2017 [1]
15-Feb-2017 [1]
13-Feb-2017 [1]
10-Feb-2017 [1]
9-Feb-2017 [1]
7-Feb-2017 [1]
6-Feb-2017 [1]
2-Feb-2017 [1]
1-Feb-2017 [2]
January-2017
30-Jan-2017 [1]
27-Jan-2017 [1]
25-Jan-2017 [2]
24-Jan-2017 [1]
23-Jan-2017 [1]
18-Jan-2017 [1]
16-Jan-2017 [1]
13-Jan-2017 [1]
12-Jan-2017 [1]
11-Jan-2017 [1]
10-Jan-2017 [1]
9-Jan-2017 [2]
6-Jan-2017 [2]
4-Jan-2017 [1]
3-Jan-2017 [1]
December-2016
30-Dec-2016 [1]
28-Dec-2016 [1]
27-Dec-2016 [1]
26-Dec-2016 [1]
22-Dec-2016 [1]
21-Dec-2016 [1]
20-Dec-2016 [1]
19-Dec-2016 [1]
15-Dec-2016 [1]
14-Dec-2016 [1]
13-Dec-2016 [1]
12-Dec-2016 [2]
9-Dec-2016 [1]
8-Dec-2016 [1]
7-Dec-2016 [1]
5-Dec-2016 [1]
2-Dec-2016 [1]
November-2016
30-Nov-2016 [1]
29-Nov-2016 [1]
28-Nov-2016 [1]
25-Nov-2016 [2]
24-Nov-2016 [2]
23-Nov-2016 [1]
22-Nov-2016 [1]
21-Nov-2016 [2]
18-Nov-2016 [1]
17-Nov-2016 [1]
16-Nov-2016 [1]
15-Nov-2016 [1]
14-Nov-2016 [1]
11-Nov-2016 [1]
10-Nov-2016 [1]
9-Nov-2016 [1]
8-Nov-2016 [1]
7-Nov-2016 [2]
3-Nov-2016 [1]
2-Nov-2016 [1]
October-2016
28-Oct-2016 [1]
27-Oct-2016 [1]
26-Oct-2016 [1]
25-Oct-2016 [1]
24-Oct-2016 [1]
20-Oct-2016 [1]
19-Oct-2016 [1]
17-Oct-2016 [1]
14-Oct-2016 [1]
13-Oct-2016 [1]
12-Oct-2016 [1]
10-Oct-2016 [1]
7-Oct-2016 [1]
6-Oct-2016 [1]
5-Oct-2016 [1]
4-Oct-2016 [2]
3-Oct-2016 [2]
September-2016
30-Sep-2016 [1]
29-Sep-2016 [1]
28-Sep-2016 [1]
27-Sep-2016 [1]
26-Sep-2016 [1]
23-Sep-2016 [1]
22-Sep-2016 [1]
21-Sep-2016 [1]
20-Sep-2016 [1]
16-Sep-2016 [1]
14-Sep-2016 [1]
9-Sep-2016 [2]
8-Sep-2016 [2]
7-Sep-2016 [2]
6-Sep-2016 [1]
2-Sep-2016 [1]
1-Sep-2016 [1]
August-2016
31-Aug-2016 [1]
30-Aug-2016 [1]
29-Aug-2016 [1]
26-Aug-2016 [2]
24-Aug-2016 [1]
23-Aug-2016 [1]
22-Aug-2016 [1]
19-Aug-2016 [2]
17-Aug-2016 [1]
16-Aug-2016 [2]
12-Aug-2016 [2]
11-Aug-2016 [3]
10-Aug-2016 [2]
9-Aug-2016 [1]
8-Aug-2016 [1]
2-Aug-2016 [2]
1-Aug-2016 [1]
July-2016
29-Jul-2016 [1]
28-Jul-2016 [1]
27-Jul-2016 [1]
26-Jul-2016 [1]
25-Jul-2016 [2]
22-Jul-2016 [2]
21-Jul-2016 [2]
20-Jul-2016 [3]
19-Jul-2016 [1]
18-Jul-2016 [1]
14-Jul-2016 [4]
13-Jul-2016 [2]
12-Jul-2016 [1]
11-Jul-2016 [2]
8-Jul-2016 [1]
7-Jul-2016 [1]
6-Jul-2016 [1]
5-Jul-2016 [1]
4-Jul-2016 [2]
1-Jul-2016 [1]
June-2016
30-Jun-2016 [1]
29-Jun-2016 [1]
28-Jun-2016 [1]
27-Jun-2016 [2]
23-Jun-2016 [1]
22-Jun-2016 [1]
21-Jun-2016 [2]
20-Jun-2016 [1]
16-Jun-2016 [1]
13-Jun-2016 [2]
10-Jun-2016 [2]
9-Jun-2016 [1]
8-Jun-2016 [2]
7-Jun-2016 [1]
6-Jun-2016 [1]
3-Jun-2016 [2]
2-Jun-2016 [2]
1-Jun-2016 [1]
May-2016
31-May-2016 [2]
30-May-2016 [2]
27-May-2016 [1]
26-May-2016 [2]
25-May-2016 [1]
24-May-2016 [2]
23-May-2016 [3]
20-May-2016 [2]
19-May-2016 [3]
18-May-2016 [2]
13-May-2016 [1]
12-May-2016 [2]
11-May-2016 [2]
10-May-2016 [2]
9-May-2016 [3]
6-May-2016 [2]
5-May-2016 [1]
April-2016
28-Apr-2016 [2]
27-Apr-2016 [3]
25-Apr-2016 [3]
22-Apr-2016 [2]
21-Apr-2016 [2]
20-Apr-2016 [2]
19-Apr-2016 [3]
18-Apr-2016 [2]
15-Apr-2016 [3]
14-Apr-2016 [2]
12-Apr-2016 [2]
11-Apr-2016 [3]
5-Apr-2016 [1]
4-Apr-2016 [2]
1-Apr-2016 [2]
March-2016
31-Mar-2016 [3]
30-Mar-2016 [2]
29-Mar-2016 [2]
28-Mar-2016 [1]
23-Mar-2016 [2]
18-Mar-2016 [2]
17-Mar-2016 [2]
16-Mar-2016 [2]
11-Mar-2016 [2]
10-Mar-2016 [2]
9-Mar-2016 [2]
8-Mar-2016 [2]
4-Mar-2016 [3]
2-Mar-2016 [2]
1-Mar-2016 [2]
February-2016
23-Feb-2016 [3]
19-Feb-2016 [2]
12-Feb-2016 [2]
9-Feb-2016 [3]
January-2016
29-Jan-2016 [1]
28-Jan-2016 [1]
27-Jan-2016 [1]
25-Jan-2016 [1]
21-Jan-2016 [2]
20-Jan-2016 [1]
19-Jan-2016 [1]
18-Jan-2016 [1]
14-Jan-2016 [1]
13-Jan-2016 [1]
12-Jan-2016 [1]
8-Jan-2016 [2]
7-Jan-2016 [2]
6-Jan-2016 [1]
5-Jan-2016 [1]
4-Jan-2016 [1]
December-2015
30-Dec-2015 [1]
29-Dec-2015 [1]
28-Dec-2015 [1]
24-Dec-2015 [1]
23-Dec-2015 [1]
22-Dec-2015 [1]
17-Dec-2015 [2]
16-Dec-2015 [1]
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.: 2-Jun-2016 :.
Steps to develop Azhikkal port


Ports Minister Ramachandran Kadannappally has said that Azhikkal port here will be developed into a major facility equipped for the operation of service of container vessels, as plans are afoot for the development of minor ports across the State.

"Azhikkal port will occupy an important place on the ports map of the State," the Minister said while addressing a meet-the-press programme here on Tuesday.

Efforts would be taken to increase the cargo movement from the port.

Dredging work using cutter suction dredger would start soon to increase the depth of the port basin and the channel.

Increasing depth

The depth of the basin would be increased from the present 3.5 metres to 5 metres, while that of the channel would be increased to seven metres. Increased depth was necessary for the operation of bigger vessels including container ships, he pointed out. He said connectivity to the port would also be developed.

Coordination of various government departments would be ensured for exploring the development potential of Azhikkal port.

Kadannappally says LDF government will never abandon Vizhinjam project
Source: The Hindu

Posted On:2-Jun-2016

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Credits:
www.bunkerportsnews.com

Indian seafarers well recognised, says top shipping official


Fleet Management Limited, one of the leading companies offering comprehensive ship management services to cargo ship owners world-wide, finds a bright future for Visakhapatnam in catering to the manpower requirement of the shipping industry.

The company with nearly 400 ships under its management with an asset value of $9 billion has its office located in the city, one among nine in India.

The city office has been extending technical and crew management of their ships for several years.

Executive Director FML M.S. Nagarajan (Aga) told The Hindu that of the 14,000 seafarers recruited by them, 10,000 were Indians. It has nearly 300 to 500 from Visakhapatnam.

He said Indians all over the world were being held in reverence for their discipline, sincerity and competence level. "We as an Indian-owned fleet management company do prefer Indians and due to our welfare measures, our retention level is over 85 per cent," he stated.

FML is part of Hong Kong-headquartered Caravel Group, a diversified conglomerate focused on providing leading maritime services, trading and logistics of dry bulk raw materials, investment management and strategic asset ownership. Mr. Nagarajan, who flew to the city from Hong Kong to attend a family get-together of officers, said there were a lot of opportunities for freshers and the experienced in the deck and engine areas.

The company is training and sponsoring bright Plus Two students for a 18-month diploma in nautical sciences or B.Sc. (Nautical Sciences).

Such candidates become a captain in 10 years, he added.

FML, set up in 1994, has emerged as the largest firm in chemical tank management. According to an estimate, Indians account for six per cent of world's seafarers.

Over one lakh Indians are working for various types of ships and tankers.

Admitting that the shipping industry had been facing a glut for a long time, Mr. Nagarajan said that at present there were more ships than the cargo.

According to Baltic Index Freight, it has remained very low. He hoped that the situation would improve shortly.

Elegant Marine Services COO Capt. Prashant S. Rangnekar, who is in-charge of FML's India operations, said shipping was a highly challenging career with good returns compared to other professions.

Posted On:2-Jun-2016

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Credits:
www.thehindu.com