G Shivakumar, CFO, GE Shipping, says that the outlook does not look very good on the shipping side. Our earnings have been very low in dry bulk. The offshore continued to be quite strong over the last couple of years, especially driven by the price of oil and the kind of developments that is happening offshore.
In an interview with CNBC-TV18, S Hajra, CMD, Shipping Corporation of India gave his perspective on the budget and also spoke on the unmet demands of the shipping industry in the budget.