In an interview to CNBC-TV18, S Hajra, chairman and managing director of Shipping Corporation says, 2012 is going to be a very difficult year for shipping. "I don’t think the situation will improve till maybe middle of 2013 or thereabout," he adds.
In an interview to CNBC-TV18, S Hajra, chairman and managing director of SCI, spoke about the reasons behind the subdued demand and excess capacity in the industry.
S Hajra, chairman and managing director of Shipping Corporation of India (SCI) in an interview to CNBC-TV18 clarified that Shipping Ministry has not raised any concerns regarding SCI’s profitability.
Navratna public company, Shipping Corporation of India, is planning to buy stakes in shipyards like Bharti Shipyard and Pipavav Shipyard. In an interview with CNBC-TV18's Gautam Broker and Soniya Shenoy, S Hajra, chairman and managing director of Shipping Corporation of India spoke about the company's stake buying ventures.
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.