Page 24 - Annual Review 2021 full

Indian National Shipowners’ Association

Update On Indian Shipping

Update on the Indian flag shipping fleet

CY18 CY19 CY20 CY21
Particulars No of In million No of In million No of In million No of In million
ships GT ships GT ships GT ships GT
Tankers (crude, product, LPG and ethylene)
Additions 11 0.34 14 0.38 16 0.66 16 0.78
Deletions 5 0.19 8 0.21 14 0.49 19 0.87
Total 177 7.13 184 7.3 187 7.48 184 7.3
YoY growth of tanker tonnage 2.10% 2.40% 2.40% -2.40%
World average growth (%) 5.30% 2.40% 5.80% 3.30%
Bulk carriers
Additions 7 0.13 1 0.02 5 0.11 4 0.16
Deletions 5 0.15 5 0.13 3 0.09 2 0.06
Total 124 3.31 120 3.2 121 3.21 123 3.29
YoY growth of bulk carrier tonnage -0.40% -3.30% 0.40% 2.20%
World average growth (%) 3.00% 1.70% 3.40% 4.30%
Containers
Additions 6 0.18 1 0.02 1 0.04 3 0.11
Deletions - - 4 0.03 1 0.02 3 0.06
Total 37 0.61 34 0.6 34 0.61 34 0.65
YoY growth of container tonnage 41.90% -1.50% 2.10% 6.60%
World average growth (%) 3.40% 5.50% 3.80% 2.50%
Offshore vessels (OSV and PSV)
Additions 3 0.01 6 0.01 8 0.01 9 0.02
Deletions 11 0.02 2 0 3 0 1 0
Total 213 0.44 217 0.45 221 0.45 229 0.47
YoY growth of OSV tonnage -2.80% 1.70% 1.70% 3.80%
Dredgers
Additions 2 0.01 - - - - - -
Deletions - - - - - - 1 -
Total 44 0.22 44 0.22 44 0.22 43 0.21
YoY growth of dredger tonnage 7.10% 0.00% 0.00% 0.00%
Grand Total 1408 12.68 1429 12.75 1463 13.01 1491 12.99
YoY growth of total Indian tonnage 2.70% 0.50% 2.10% -0.20%
World average growth (%) 3.50% 3.10% 4.20% 3.00%
Source: Directorate General of Shipping (DGS), Shipping Statistics and Market Review 2021 of the Institute Of Shipping Economics and Logistics.

Labour Issues The agreement has been drafted in full compliance
1. INSA/NMB Agreement 2019-2023 with all terms and conditions in line with the MLC
2006, Labour Rules 2016 and MS Notice 7 of 2020.
The negotiations for the current INSA/NMB
Agreement were concluded and a draft of the same 2. INSA MUI Agreement 2019-2023
has been submitted to the Directorate General of
Shipping in December 2020. The negotiations of INSA/MUI Agreement 2019-
2023 were concluded and a MOA was executed on
13-03-2021. A copy of signed MOA was circulated
A copy of signed MOA with revised wages and
service conditions of seafarers was circulated to to the members for implementation of revised
the members for implementation with effect from wages with affect from 01-01-2021.
01-01-2021.
The INSA-MUI agreement has been drafted bearing
in mind the need to comply with all terms and

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