Shipping confidence reached its equal highest rating in the past three years in the three months to end-May 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
At present, over 90% of India’s foreign trade by volume is carried by foreign-registered ships.
Indian shipping firms, hit by the downturn in the trade cycle, are asking that 25% of the country’s imports of crude oil, liquified petroleum gas (LPG) and dry cargo be reserved for them.
A vote for independence from the UK would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international accountant and shipping adviser Moore Stephens.
