
Director, Mantrana Maritime Advisory Pvt. Ltd
Member of the Transportation Council
Anand Sharma is the Director of Mantrana Maritime Advisory providing business consulting to Shipyards, Shipping, Ports and Offshore Drilling & Logistics segment. He has advised several upcoming shipyards in India on their target market segment, investment and planning. He has advised companies on fleet diversification and market focus and has helped them on preparing their business plans. He has also carried out due diligence on behalf of investor intending to invest on shipyards in India and companies in Offshore Drilling & logistics segment. Mr. Sharma looks at the maritime sector with a holistic eye and studies macro economic factors that are having an impact on the maritime industry particularly in the context of the Indian sub-continent. A Naval Architect from IIT-Kharagpur, he is conversant with major & minor ports of India, equipment, infrastructure, cargo handling capacities, traffic trends, technical & commercial capabilities, order books etc. (This is me - Update Profile)
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India is Planning More Seaports than its Trade and Economy can Afford
May 18, 2011
New port projects run into rough weather in Gujarat | www.livemint.com
There are more ports planned in India than the country actually needs.There seems to be a herd race for developing ports. The cumulative capacity of all port projects being discussed if added could surpass current global trade. Government is certain that some will be realized and in 2020 the capacity will be 2.2 bn tones, roughly 3 times current traffic and about 25% of current global trade. Is there something seriously wrong with Indian Ports Sector?
Deregulating Major Port will help more than regulating private ports in India
May 6, 2011
A regulatory threat to ports | www.livemint.com
The Government of India’s controlled major ports are at disadvantage. So in order to bring parity, it proposes to put non-major ports under regulation as well. In the name of bringing equality, this would be an act of penalizing high performer by forcing it to match low performer in the Indian ports sector. The dynamics of trade and parameters influencing choice of ports for a particular cargo is more complicated, and controlling tariff would only aggravate the problem not mitigate it.
Proposal to Reserve Coastal Shipping for India Built Ships would not be Accepted
June 23, 2010
Promotion of India-made vessels adds to INSA worries | economictimes.indiatimes.com
Ships in Indian coastal waters get first preference for employment if they match the commercial terms. The shipyards in India want to extend the guidelines to benefit local shipbuilders. They propose that Indian built ships should only be used for coastal trade and offshore oil & gas services sector. The proposal would certainly face stiff resistance from shipping companies and offshore oil & gas companies which charter the vessels and is unlikely to be accepted.
Cabotage law of India is too flexible to protect Coastal Shipping in India
March 15, 2010
India wants major oil refiners to favour domestic owners | www.tradewinds.no
State owned refineries namely Hindustan Petroleum, Bharat Petroleum , Indian Oil are being requested to charter local ships for coastal cargo. The request, if accepted, would benefit Shipping Corporation of India, Great Eastern and other of Indian origin over new entrants such as American Eagle Tanker, Aurora Tankers, etc. However, the cabotage law of India is quite flexible and does not provide enough teeth to the shipping sector, which could help them increase protection for themselves.
Indian Shipping Requests, Shipping Ministry Would Consider it Temporarily
October 26, 2009
Delhi signals willingness on shipping aid package | www.tradewinds.no
Shipping Industry requested Shipping Ministry for financial aid and cargo support. It is unlikely to be accepted in the current economic scenario.
| Study Group Name | No. Members |
|---|---|
| Drilling Rig Experts | 464 |
| Offshore Drilling Rig Experts | 211 |
| Oil and Gas Well Drilling Experts | 198 |
Anand Sharma has not participated in any GLG Live Meetings.