Prime Minister Narendra Modi´s ´Make in India´ initiative may come to the rescue of an industry that has its fate closely tied to economic cycles - shipbuilding.
Tag: shipbuilders
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Growth in marine-hull insurance segment may slowdown
Weak financial position of shipping companies may slowdown growth in the marine-hull segment of the insurance industry, reports indicate. Marine-hull insurance is purchased by port authorities, shipowners, shipbuilders, oil- and energy-sector companies, bankers and financiers of ships or vessels who have insurable interest