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Shipping revival unlikely before 2015: India Ratings

Last Updated: Sunday, February 03, 2013, 18:28

"Capacity overhang brought about by low levels of international trade and high fleet additions are likely to keep freight rates muted across the primary segments of dry bulk, tankers and container carriers in 2013," an India Ratings report said.

Fitch affirms negative outlook for shipping industry in 2012

Last Updated: Tuesday, January 31, 2012, 19:47

Credit ratings agency Fitch Tuesday affirmed a negative outlook for the Indian shipping industry in the year 2012 on account of lower international trade.