The Baltic Dry Index, which tracks global freight rates for ships carrying dry-bulk commodities such as coal, iron ore and grains, has seen a fall of 32 percent. It fell from 1123 to 803 since start of December.
Going ahead, SCI will have to improve infrastructure and tonnage that supports shipping infrastructure, says company CMD AK Gupta.
AK Gupta, chairman and MD, Shipping Corporation of India (SCI) details his company‘s second numbers. He is positive about the third quarter and says SCI will be able to maintain momentum.