Volume : 6, Issue : 6, June - 2017

ANALYSIS ON COASTAL SHIPPING OF CONTAINERIZED CARGO IN MARITIME TRANSPORTATION - A DETAILED STUDY

Dr. D. Rajasekar

Abstract :

<p>&nbsp;<span style="font-family: &quot;Times New Roman&quot;, serif; font-size: 12pt; text-align: justify;">The sea transportation in the financial improvement of India can be seen from the way that 95% of nation‘s exchange by volume and 77% by esteem moves via ocean. The Indian seaborne exchange has been developing at a CAGR of 11.38% for as far back as 10 years, and it was the most elevated, 12.25%, before the worldwide log jam. This development rate shows that the Indian seaborne exchange will be developed to the level of 2,134 million tons by the year 2020 from the present level of 598.70 million tons. At present Indian seaborne exchange constitutes just 3.66% of the worldwide seaborne exchange and with the sort of projections specified, it can come to a critical 9.3% by the year 2020. Notwithstanding having a rich and pleased Maritime convention and a long coastline of around 7517km studded with 13 noteworthy and 185 Non-Major (Minor/Intermediate) ports , the capability of beach front delivery has not yet been completely misused in India.</span></p> <p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:&quot;Times New Roman&quot;,serif"><o:p></o:p></span></p>