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Shipping Industry

The shipping industry in India has witnessed a tremendous structural and economic change during the past decade. Increased demand from China, for commodities like iron ore, steel, copper and aluminum has resulted in increased demand for ships that specialise in carrying such cargo.Today Indian shipping industry has a total fleet of more than 600 ships with a total capacity of 6.62 million tons. Big player in the industry are either shopping around or consolidating their operations to ride the boom.

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