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Indian offshore vessel industry: Wait out for the good times to come
Jan 11: So, after disappointing global growth over the past few years, the recent allround economic pickup combined with the relatively subdued fleet growth provides an ideal window of opportunity for the shipping industry to enjoy good returns.
8So expect shipping companies to do better this year
8The expected uptick in oil & gas vessels may not happen this year but the worst is over. A rapid expansion is now projected going ahead, and increased activity will go on until 2027, as per projections already carried here
8The industry needs to just sit it out before the party begins
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