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Regional Focus

“

it also allows them to increase eficiencies which is central to
maximising their competitive advantage.”
The Indian ship supply
Mr Joesph believes the shipping industry is moving
towards a more outsourced model, which is a “boon” for the
market has always had a
ship supply industry, as it gives ample opportunities for the

supply companies to expand their scope of business and also vast scope for business
prove vital for retaining customers.
since its origin - and
He said: “The ship supply market in India has grown to
such an extent that it can provide the entire logistic process i.e.
with globalisation and
the spares, sourcing and storing to delivery within the scale,
infrastructure, technical systems and purchasing strength to industrialisation the

streamline the whole procurement function.”
Other growth has also been seen in the ports business, current ship supply

which has benefited the ship supply business, including
Singapore Ports starting work on new projects at Jawaharial market in India is

Nehru Port Trust (JNPT), also known as Nhava Sheva, which booming at a rapid rate

is the largest container terminal in India. In addition Adani
Ports has tendered the VIZHINIJAM Port Project, which
Ajay Jospeh, Global
is going to be one of the largest transshipment ports in the
near future.Marine Supply
”
Mr Joseph said: “Many coastal shipping lines have
introduced more and more vessels to improve the transport

system between Indian coastal areas. All these have improved
the ship supply market as the requirements of these shipsthe supply market, its economichas led to the expansion of

are also huge. With the growth and expansion of the shipping development, and made it globally renowned.
industry there is a simultaneous growth in the supply market He added: “Not only does this enable them to save costs,

as well.” uwhich is clearly important in the current economic climate, but

The SHIP Supplier Issue 67 2015 11