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Boasting of a sufficiently long history in supporting the maintenance of marine machinery including marine diesel engines and others, marine lubricants still continue to have had a drastic impact on the smooth running of sea transits.
The maritime industry brings solutions through regulation and not innovation. The industry is traditional and reluctant to embrace change. It is, however, more complex than that. Regulation is an obvious hurdle caused by the cross-border aspect of the industry.
After a positive autumn and winter, recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market. In short, factors contributing to supply growth and demand constriction have combined to bring down Tanker rates.
This year’s India’s budget has come with a number of positive updates for the logistics and transport sector. A fund allocation of INR 1.7 lakh crores for transport and infrastructure including railway infrastructure enhancement, and investments in warehousing and
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