Monday – Friday 10.00a.m. – 19.00p.m.

Analysis of the container and fishing fleet market in India

Release date 26.05.2020

Number of pages 156

Formats DOCX, PDF

Cost 45000 ₹

Buy it Now

Order a Report Update

The relevance of research

The dynamic development of container transportation in the world has influenced the construction of special vessels on which containers can be secured and transported. Container ships are cargo ships with a length of 70 to 400 m and carrying from 250 to 23000 20-foot (TEU) containers at a time. Fishing/fishing vessels include boats, boats or vessels that fish, whales, seals or other living resources in the ocean, sea, lake or river

Purpose of the study

Analysis of the state of the container and fishing fleet market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the container and fishing fleet market

Content

Section 1. Analysis of the container fleet market in India, 2016-2018, with a forecast up to 2024.

Part 1. Overview of the container fleet market in India

1.1. Main characteristics of the market
1.2. The volume of domestic production of new vessels
1.3. Share of exports in production
1.4. Market share of imports
1.5. Dynamics of market volume 2016-2018 Potential market capacity
1.6. Current state of India's container fleet
1.7. Current trends and development prospects of the studied market
1.8. Assessment of factors affecting the market
1.9. Market structure by types of container ships

Part 2. Analysis of competitors-shipowners

2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Container fleet of the main players

Part 3. Analysis of competitors-operators

3.1. Major players in the market
3.2. Market shares of the largest competitors
3.3. Container fleet of the main players

Part 4. Analysis of competitors-charterers

4.1. Major players in the market
4.2. Market shares of the largest competitors

Part 5. State policy to support the development of the container fleet in India

Part 6. Plans announced as of 01.10.2019 for the construction of new container ships in India

Part 7. Forecast of market size until 2024

Part 8. Recommendations and conclusions

Section 2. Fishing/fishing fleet market analysis in India, 2016-2018, with a forecast up to 2024.

Part 1. Overview of the fishing/fishing fleet market in India

1.1. Main characteristics of the market
1.2. The volume of domestic production of new vessels
1.3. Share of exports in production
1.4. Market share of imports
1.5. Dynamics of market volume 2016-2018 Potential market capacity
1.6. Current status of Indian fishing/fishing fleet
1.7. Current trends and development prospects of the studied market
1.8. Assessment of factors affecting the market
1.9. Market structure by types of fishing/fishing vessels

Part 2. Analysis of competitors-shipowners

2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Fishing / fishing fleet of the main players

Part 3. Analysis of competitors-operators

3.1. Major players in the market
3.2. Market shares of the largest competitors
3.3. Fishing / fishing fleet of the main players

Part 4. Analysis of competitors-charterers

4.1. Major players in the market
4.2. Market shares of the largest competitors

Part 5. Government policy to support the development of the fishing/fishing fleet in India

Part 6. Plans announced as of 01.10.2019 for the construction of new fishing/fishing vessels in India

Part 7. Forecast of market size until 2024

Part 8. Recommendations and conclusions

Research excerpt

Section 1. Analysis of the container fleet market in India, 2016-2018, with a forecast up to 2024.

The shipbuilding industry of India, as of 2020, has more than 600 enterprises (industrial enterprises, research organizations, design bureaus, integrated structures), of which more than 180 organizations are under the control of the Department of Shipbuilding Industry and Marine Engineering of the Ministry of Industry and Trade of India, about 150 shipbuilding and ship repair enterprises and more than 300 enterprises traditionally participating in cooperation relations. There are also over 2000 allied enterprises in the industry, including those related to the military-industrial complex.

Part 1. Overview of the container fleet market in India

1.1. Main characteristics of the market

Container ships are cargo ships with a length of 70 to 400 m and carrying from 250 to 23000 20-foot (TEU) containers at a time. In maritime container transportation, standard ISO containers are mainly used. As a rule, the crew of a container ship consists of 10-26 people, since such ships are extremely automated.

The dynamic development of container transportation in the world has influenced the construction of special vessels on which containers can be secured and transported. And container transportation by sea appeared in the late 60s. - a new method of transporting goods in a special container, which is called a container. Containers provide great savings in labor during transportation (very fast loading and unloading is ensured, as well as the most rational use of the ship's holds). In order to make the most of the cargo capacity of ships, some of the containers are transported as deck cargo. Therefore, containers must have a certain strength in rough sea conditions. When transported on deck, depending on the size, they are stacked in one, two, three or even four rows. They are kept from moving by special clamps, chains and lanyards.

The ships themselves are divided into two groups:

Deadweight of feeder ships 1000-2000 tons; they deliver containerized cargo from small ports to large ports, where containers are reloaded onto ships. Another area of application for such vessels is coastal shipping.

The most widely used sea container ships. They operate on ocean lines such as Europe-North America, North America-Far East, Europe-Far East.

By size, container ships are classified as follows:
small feeder vessels (capacity up to 1000 containers - another classification Handysize Class - 260-1000 TEU);
feeder (from 1000 to 2000 containers - another classification Handymax Class - 1000-1700 TEU);
feedermax (from 2000 to 3000 containers - another Feeder Class classification - 1700-2500 TEU);
panamax (from 3000 to 5100 containers - another classification of the Sub-Panamax Class - 2500-4000 TEU), these vessels have a maximum length of 294 m, a width of 32,2 m and a draft of 12 m, these restrictions are associated with the dimensions of the Panama Canal lock chambers ;
post-panamax (from 5100 to 10 containers - another classification Panamax Class - 000-4000 TEU);
new Panamax (from 10 to 000 containers - another Post-Panamax Class - 14-500 TEU), these vessels have a width of 7000 m;
ultra large container ships (from 15 containers - another classification of Super-Post-Panamax Class / E-class is more than 000 TEU), the length of these vessels is 13000 m, width - 397 m, draft - 56 m.
Triple E-class - from 18000 TEU.
Post-Triple E-Class - over 21 TEU.

According to TASS (with reference to Splash), one of the largest container ships in the world is MSC Gülsün with a length of 400 meters and a capacity of 23 TEU (handed over to the customer in July 000), it is the first container ship in the world to accommodate 2019 transverse rows of containers, which increases its capacity by about 24 thousand TEU compared to the previous record holders. The 1,5m wide vessel is the first of a series of 61,5 new MSC giant liners scheduled for delivery in the coming months.

According to the line operator CMA CGM, the world's largest container ship Jacques Saade powered by liquefied natural gas (LNG) with a capacity of 2019 thousand TEUs was launched in September 23 at the Jiangnan-Changxing Shipyard (Shanghai, China). The vessel is the lead in a series of container ships powered by natural gas and is due to enter the operator's fleet in 2020. The container ship will operate on the Asia-Northern Europe line under the flag of France.

In recent years, ever larger container ships have left the shipyards, the mark of 20 thousand TEU was first overcome in 2017. The new record (23 TEU) will also be broken soon: in the second quarter of 2020, deliveries of a new series of 12 mega-container ships for HMM will begin.

Design features of container ships:
In the hold there are vertical guides - cellguides, which facilitate the fastening of containers.
Thanks to the unique arrangement of decks in width, as well as the presence of triple hatch covers, an optimal deck opening ratio is achieved - up to 85%.
The entire surface of the deck is suitable for placing containers.
In recent years, the containers are stacked in tiers, so they began to make support posts between the rows. According to this, the containers are securely fixed and acquire a greater safety of the cargo.
Thanks to an elongated deck or a baffle canopy, the cargo on container ships is reliably protected from the harmful effects of sea water.
...

1.2. The volume of domestic production of new vessels

According to the “Overview of the Development of the Domestic Container Fleet” (Boeva N.I., Burmensky A.D.), more than 80% of container ships used and used in India were built at foreign shipyards according to foreign projects, and the break in the domestic practice of building container ships is over 30 years.
...

Thus, in the period from 2016 to 2019, container ships were not produced in India.

1.3. Share of exports in production

In 2016-2019, domestic enterprises did not manufacture and export ships.
...

1.4. Market share of imports

The volume of the Indian container fleet market in 2016-2018 inclusive was only imported vessels, the country did not produce its own vessels.
...

1.5. Dynamics of market volume 2016-2018 Potential market capacity

Taking into account the above foreign trade operations and due to the lack of own production of container ships in India in 2016-2018, the market volumes are as follows:

Diagram 3. The volume of the container fleet market in India in 2016-2018, million Rs.

It is extremely difficult to determine the potential market capacity at the moment due to the lack of own production, the irregularity of foreign trade operations, the uncertainty of companies' plans to develop domestic projects, etc. Operations for the purchase or disposal of container fleet vessels are carried out by market operators as needed.
...

1.6. Current state of India's container fleet

The table summarizes all the data obtained during the search for specialized container ships in India by ships in operation at the beginning of 2020.…

The FESCO transport group develops not only coastal transportation, but also international destinations: …
...

According to the expert, following the results of the last Eastern Economic Forum, “the direction was set for close cooperation with India, so the possibility is not ruled out that the geography of calls by FESCO ships can expand due to the ports of India, and the company is ready for such development.”
...

Description of the project: vessel type - a container vessel of the highest icebreaking class, with a reduced freeboard, four holds equipped with hatch covers, an engine room and a superstructure located in the stern, with a wheelhouse providing a full all-round view and equipped with an Azipod propeller-rudder complex, which allows to realize the concept of the vessel double acting (Double Acting Ship): in open water, the ship moves bow forward, and on thin and corrugated ice - stern forward. The design and ice reinforcements of the hull make it possible to overcome smooth ice up to 1,7 meters thick and corrugated (barrier) ice up to 15 meters thick with a significantly lower installed power (13 MW) and lower energy consumption than a conventional diesel vessel with the same weight and hull design.

Most container ships in the Indian fleet are 10 to 25 years old (31 ships out of 34), while there are no ships built relatively recently (less than 10 years old), the Northern Sea Route, built in 1988 and belonging to the “more than 30 years” group, is constantly modernized and improved. Thus, in the medium term of 5-7 years, the existing vessels will be able to operate in the current mode, but in the long term, for 10-15 years, a significant part of the existing fleet will need to be replaced and its number will increase due to the increase in demand for such transport.

According to the Government of India Decree No. 620, as amended in 2012, “any floating equipment must be disposed of after the allowable service life” (about 30 years). The method of carrying out the work must comply with the requirements for environmental protection.

In the event that a large swimming facility is out of order, and its repair is impossible, disposal and processing are required. It is prohibited and extremely dangerous to leave old ships and barges moored in ports: among the materials used in the shipbuilding process are antimony, mercury, lead, etc. Over time, the ship's plating begins to decompose, and its constituent elements fall into the water and sink to the bottom. Heavy metals are detrimental to the ecosystem, so the failed ships must be disposed of. At the same time, old ships are prone to fire: flammable plastic, fuel residues, oils can catch fire, which will lead to the release of toxic substances into the air.

1.7. Current trends and development prospects of the studied market

The Indian container fleet market is characterized by the following features, trends and prospects:
...

However, the implementation of all plans regarding the development of cargo transportation along the NSR is complicated by the fact that tankers and container ships that are designed to sail in high latitudes are more expensive than conventional ships.
...

A promising option for the use of container ships and an incentive for the construction of such ships at domestic shipyards may be the transportation of tank containers.
...

A tank container is a tank enclosed in a metal frame with the dimensions of standard shipping containers. Such tanks are designed for the transportation of liquids, liquefied gases and a number of bulk products.

1.8. Assessment of factors affecting the market

Macroeconomic factors influence the dynamics of all sectors of the Indian economy, including the Indian container fleet market. The main groups of factors are: economic, political, social and technological.

Economic

GDP (gross domestic product) is used to determine the rate of economic development of any state. GDP is a macroeconomic indicator that reflects the total value of goods, works and services that were produced and provided in the country in a year. Gross domestic product is the main indicator on the basis of which the level and pace of the country's economic development are determined.
...

Diagram 10. Dynamics of India's GDP, in 2011-2019 (Jan.-Sept.), % to the previous year

Index of industrial production - an indicator of the dynamics of the volume of industrial production, its rise or fall, is determined as the ratio of the current volume of production in monetary terms to the volume of industrial production in the previous or other base year. This index characterizes the change in GDP due to the fundamental sectors of the economy: mining, manufacturing, production and distribution of electricity, gas and water.
...

Demographic (social)

General trends in macroeconomic indicators can also be traced in such a value as real incomes of the population, which determine the level of effective demand.
...

technological
...

Geographic factor
...

import dependence
...

Application of innovative technologies and materials. One of the factors contributing to the solution of technological problems in the construction of ships is the use of innovative technologies, methods and materials. Modern ships are wooden, steel, light alloy, reinforced concrete, plastic and composite (i.e., built from various materials).

Indian steel quality
...

Shortage of qualified personnel and scientific developments
...

Growing demand for container shipping by water
...

The demand of Indian companies is mainly directed to universal bulk carriers.
...

Political

The tense political situation in interstate relations has a negative impact on all spheres of the Indian economy.
...

Credit policy. Today it is quite difficult to imagine the progressive development of the economy without the active participation of the credit system. It should also be noted that the assessment of the availability of credit resources for both legal entities and individuals is a significant indicator that allows assessing not only the demand for credit funds, but can also serve as a reflection of the real economic situation both in the region and in the economy as a whole.
...

PPP in the field of shipbuilding. ""Public-private partnership"" (PPP) in the modern Indian economy is a fairly common term. This is a way to implement a business project jointly with the state, when, under certain conditions and market conditions, the state shoulder becomes the only option for solving a business problem.

Target programs and transport strategy.
...

The predominant orientation of shipbuilding for the needs of the Navy.
...

Coordination of the purchase of imported ships by state-owned companies.
...

India has developed a comprehensive project for the development of the Northern Sea Route (NSR), which in the medium and long term will be able to positively affect the Indian container fleet market.

In recent years, a number of government decisions have been made aimed at restoring and developing the Northern Sea Route (NSR). Its use is attributed to the main national interests of India in the Arctic. The strategy for the development of the Arctic zone of India to ensure national security set the task of modernizing and developing the infrastructure of the Arctic transport system, which ensures the preservation of the NSR as a single national transport route.

Development Program for the Union Territories. The country's leadership is implementing various programs for the development of the Far Eastern Federal District.
...

Thus, Table 7 provides a list of factors considered.

Table 7. STEP analysis of factors affecting the container fleet market

In general, the impact of macro factors on the Indian container fleet market can be assessed …

1.9. Market structure by types of container ships

Let us consider the structure of the market by types of vessels only in terms of receipt (import), since there was no production of container ships in India in the period from 2016 to 2018, and the export of vessels was carried out only for the purpose of their disposal. This section analyzes the structure of the courts presented in the table in section 1.4.
...

Diagram 21. Market structure by deadweight of purchased vessels for 2016-2018, % of the total number of purchased vessels

1 of the vessels acquired during the period with a deadweight of 5000 to 6000 tons, 2 vessels with a deadweight of 8000 to 9000 tons and 1 of a deadweight of 9000 to 10000 tons.
...

Part 2. Analysis of competitors-shipowners

2.1. Major players in the market
...

The table shows the company-owners of the vessels acquired in the period under review from 2016 to 2018:
...

Most often, the owner and operator of a container ship is either the same legal entity, or legal entities that are part of the same group of companies: …

2.2. Market shares of the largest competitors

The most expensive vessel was XXX, …
...

Let us also consider the shares of the owners of the entire container fleet of India. The shares are allocated by GidMarket based on the container capacity of the indicated ships of the fleet of each owner.

Almost two thirds of the container capacity of the fleet belongs to the vessels of the FESCO company ...

2.3. Container fleet of the main players
...

Detailed data on container ships (name, year of construction, country of construction, deadweight, gross tonnage, engine, engine power, container capacity) of all owner companies are given in the table in Section 1.6.

Part 3. Analysis of competitors-operators

3.1. Major players in the market

...
A detailed list of operators of all vessels in the Indian container fleet is presented in the table in section 2.1.

3.2. Market shares of the largest competitors

In total, the diagram shows 4 vessels imported during the period under review, all vessels have different operators.

Let us also consider the shares of operators of the entire container fleet of India. The shares are allocated by GidMarket based on the container capacity of the indicated vessels of the fleet of each operator.

Diagram 26. Shares of container ship operators in the total capacity of the Indian container fleet, %

A little less than 2/3 of the container capacity of the fleet is operated by a group of companies ... . The second largest share is ..., in third place ...

3.3. Container fleet of the main players

...
Compared to the table given in Section 2.3, the only difference is for vessel XXX, its operator is the group … . The fleet of this group of companies consists of 20 vessels with a total capacity of more than 20 containers.

...
A detailed description of the vessels is presented in the table to section 1.6.

Part 4. Analysis of competitors-charterers

4.1. Major players in the market

If we consider the container fleet market, then the suppliers and manufacturers in it are Indian shipyards, foreign shipyards, as well as foreign ship-owning companies that resell container ships to India. The consumers of imports and domestic production in this market are Indian ship-owning companies, as well as ship operators who directly use them in their activities.

Charterers, however, do not compete with the above owners and operators, since they are participants in a completely different market - the market for cargo transportation services by water transport. Thus, the main feature is that charterers are not competitors in the container fleet market, but consumers in the container transportation services market. That is, these are companies chartering / renting a part of a vessel carrying containers to transport their cargo.

It should be noted that the analysis of competitors-charterers is extremely difficult - it is impossible to distinguish them from other freight carriers. This fact can be explained by the peculiarities of concluding an agreement between the owner of the vessel and the client in need of cargo transportation. Some of the transactions are carried out by concluding a contract for the carriage of goods, the rest - a charter contract. The contractual relationship between market companies is a trade secret, except in cases where the contract is concluded by tender.

We will analyze tenders based on data published in open sources.
...

4.2. Market shares of the largest competitors

Container transport services or vessel chartering services are major container traffic in India's ports. The tenders discussed in section 4.1. relate to the coastal or export direction of container turnover, which in 2019 amounted to a total of XXX million containers.
...

It should be noted that the considered tenders rarely indicate the volume of services provided (number of containers transported and routes), which makes it extremely difficult to analyze prices.

Therefore, as an example, let's consider the prices of container transportation in one of the most popular directions in the Far East.
...

The most indicative are the prices of owners of container ships: ...
...

Part 5. State policy to support the development of the container fleet in India

The Ministry of Industry and Trade of India has combined all the mechanisms and instruments of state support for the development of shipbuilding into a scheme: ...

The priorities of state support for the innovative development of the shipbuilding industry are:
1) Creation of advanced innovative development by creating a fund for advanced research and conducting research work in an innovative direction.
2) Development of market instruments and public-private partnership instruments.
3) Implementation of measures to increase the availability of information on innovative developments obtained through public funding.
4) Assistance in the formation of institutions for the development of the industry.
5) Import substitution and localization of production.
6) Training of personnel for the created high-tech jobs.
7) Creation of favorable conditions for ensuring healthy competition in order to develop and stimulate the investment activity of enterprises.
8) Expansion of the market for innovative products.
9) Ensuring the achievement of technological independence.
10) Ensuring internal and external market conditions.

One of the main factors in the development of the shipbuilding industry, contributing to the effective implementation of the policy of import substitution and localization, is the development of draft regulations. The current measures of state support for shipbuilding include the following resolutions:

Government of India Decree No. 383 dated May 22.05.2008, 2008 “On approval of the Rules for granting subsidies to Indian transport companies and shipping companies for reimbursement of part of the costs of paying interest on loans received from Indian credit institutions and the state corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” in 2016-2008 for the purchase of civil ships, as well as leasing payments under leasing agreements concluded in 2016 - with Indian leasing companies for the purchase of civilian ships.
...

One of the defining regulatory legal acts that contribute to the development of domestic shipbuilding is the Resolution of the Government of India dated March 28, 2019 No. 351, which approved amendments to the annex to the Government of India Decree No. 17 dated July 2015, 719 (hereinafter - GD No. 719 ) ""On the Confirmation of Manufacture of Industrial Products in the Territory of India"" in part of Section XVIII. Shipbuilding Products.
...

USC preferential leasing program

Requirements:
• Indian executor of the shipbuilding contract (determined by USC JSC)
• Indian leasing companies
• lessee - Indian companies

Part 6. Plans announced as of 01.10.2019 for the construction of new container ships in India

As of January 2020, there are no active container ship projects in India.
...

The document states that “creation and development of a national maritime container fleet with line ships under the Indian flag to establish direct maritime transport of container cargo, expand the domestic fleet of containers of all types. This, along with the development of the Northern Sea Route, will allow India to become an influential player in the World Ocean with its own sea container and other logistics, with a developed multimodal port infrastructure.” However, specific measures to implement the strategy in terms of the container fleet market under consideration are not indicated.
...

Part 7. Forecast of market size until 2024

Further development of the container fleet market in India, like any industry, will depend on the general economic condition of the state.

According to the preliminary data and forecast of the Ministry of Economic Development of India in 2019, the economic growth rate (GDP growth rate) amounted to …
...

Part 8. Recommendations and conclusions
The dynamic development of container transportation in the world has influenced the construction of special vessels on which containers can be secured and transported. Containers provide great savings in labor during transportation (very fast loading and unloading is ensured, as well as the most rational use of the ship's holds).
...

In general, at present, the influence of macro factors on the Indian container fleet market can be assessed as negative of medium strength. A negative impact is exerted by rising prices for electricity, fuel, materials, a decrease in the solvency of the population and enterprises, a geographical factor, import dependence, a predominant demand for universal vessels, etc. A positive impact is exerted by credit policy, GDP growth, IPP dynamics, the use of new materials and technologies, an increase in demand for container transportation, etc. There are also a sufficient number of factors that have a multidirectional impact on the market. The influence of all groups of factors except social ones is multi-vector.
...

According to GidMarket analysts, in this case it is worth considering 2 market development scenarios – optimistic and pessimistic.
...

Section 2. Fishing/fishing fleet market analysis in India, 2016-2018, with a forecast up to 2024.

Part 1. Overview of the fishing/fishing fleet market in India

1.1. Main characteristics of the market

Fishing/fishing vessels include boats, boats or vessels that fish, whales, seals or other living resources in the ocean, sea, lake or river. All of them can be divided according to the purpose of use into several types: commercial - fishing vessels, amateur or poaching. Therefore, the actual number of fishing vessels is almost impossible to determine.

In ancient times, fishermen went out to fish on rafts or boats built from the bark of trees or hollowed out from a bar of coniferous trees. The sail fixed on the mast made it possible for fishermen to go further into the sea and conduct a variety of crafts. The Vikings were considered excellent fishermen of antiquity, who created a special vessel for this fishery.

Over a long period of development, fishing has become a separate industry, which has led to the emergence of several types of fishing vessels: trawlers, floating bases, drifters, seiners, tuna and other fishing vessels. Commercial fishing boats began to be equipped with the first radio navigational aids to locate schools of fish. Recently, fishing vessels, meeting international standards, are becoming more and more modernized.

Most commercial fishing vessels are small craft up to 30 meters, but some vessels are cruisers up to 150 meters, typically floating fish processing plants or trawlers. Fishing vessels of commercial importance can be classified according to the method of fishing. The main types are:

Drifter (English ""drift"" - drift) - a fishing vessel designed to catch fish while drifting using flat nets from 3 to 15 meters high and up to 5000 meters long, floating freely after they are set. A feature of the architecture of such vessels is a low side, and a free deck in the bow for mechanisms that select nets. Drifters are the size of small or medium-sized fishing vessels.

Trawler (from the English ""trawl"" - trawl, seine) - the most common type of fishing vessels that use trawl nets - trawls for a larger catch of fish and its primary processing. Trawlers are usually equipped with refrigeration units for freezing and storing fish products, and there are also several types: side-trawl fishing trawler (SBRT), stern-trawl fishing trawler (MRTK), large fishing trawler (BRT), large autonomous trawler ( BAT), large freezing fishing trawler (BMRT), canning-super freezing fishing trawler (RTMKS), medium fishing trawler (SRT), medium freezing fishing trawler (SRTM), freezing seiner trawler (STM), crab fishing trawler (RKT) ) and freezing fishing trawler (RTM).

The trawlers are equipped with trawl winches, on the drums of which up to 4000 meters of cable - warps are laid, which makes it possible to catch fish at depths of up to 2 km. The trawl is lifted on board the fishing vessel through the slipway. Most modern trawlers are equipped with fish-searching equipment and trawl parameters control devices that allow you to control its movement in the water and aim at fish concentrations.

Yarusolov. Longline fishing is a method of commercial fishing for aquatic species (cod, tuna, halibut, saithe), which uses baited hook tackle attached to a long cable - “tier”.
The baited tackle is released from the stern of the fishing vessel. After a certain period of time, the vessel pulls out the catch. One end of the tier is attached to a hydraulic pulley system. In addition, for the normal lifting of gear in the stern there is a control panel for the vessel. The raised fish is sent to the pallet, where a special device removes the fish from the hook and dumps it into a container with ice.

A seiner (from the English ""seine"" - a purse seine) is a fishing vessel that conducts commercial fishing with the help of a purse seine lifted by a cargo boom. A seiner is usually a single-deck vessel with a superstructure offset towards the bow. At the stern there is a working space for storing and processing the seine and a turntable, from where it is swept out during fishing. In addition, the seiner tows an auxiliary motor boat behind it.

While fishing, fishing boats find large schools of fish with the help of an echo sounder. After detecting a flock, the auxiliary motor boat with the end of the seine attached to it moves away from the stern of the fishing vessel and surrounds the fish. The lower part of the seine is designed in such a way that it can be pulled together and turned into a trap for fish. Caught fish accumulate in a relatively small bottom part of the seine. Then the ship's crew, using devices for hauling and laying the seine, winds and compacts it, lifting the fish on board with the help of a lifting device - a crane. When the net is tightened, the catch is pumped out by the pump on board the floating base - a vessel with a larger capacity.

The catch can be unloaded on fish processing vessels - a fishing fleet operating at great distances from the coast and having on board facilities for storing and processing fish. The modern floating plant performs all processing processes of harvested seafood, including cleaning, cutting, freezing, briquetting, packaging, packaging, canning, fish oil extraction, food production.

In the conditions of a long stay in fishing areas remote from the ports of registry of fishing vessels, they and their crews are served by floating bases specially designed for this purpose. On such mother ships administrative bodies of the fleet, means of communication with the land, hospitals and rest houses are located.

Crabfish. The vessel is designed to catch crabs.
...

Diagram 30. Distribution of motorized and non-motorized fishing vessels by regions of the world, 2016, thousand units, %

While small vessels make up the majority of the world's fishing fleet, estimates of their numbers may likely be less accurate: unlike larger vessels, they are often not subject to registration, and even if they are, they may not be reflected in national statistics. The lack of information and non-reporting of data for small boats is especially true for the inland water fleet, which is often not reflected in either national or local registers.
...

1.2. The volume of domestic production of new vessels

According to the Strategy for the Development of the Fisheries Complex of India for the period up to 2030, approved on November 26.11.2019, 10, over the past years, India has built and put into operation …

According to the study GidMarket in India for 2016-2019, …
...

1.3. Share of exports in production

Chart 33. Share of exports in the production of fishing / fishing vessels in India in 2016-2019, %

In 2017 and 2018, no large or medium-sized vessels were commissioned in India, production is zero.

1.4. Market share of imports

Let us consider the dynamics of foreign trade operations on fishing/fishing vessels.

A. Dynamics of exports and imports, trade balance, thousand tons
...

The dynamics of export and import indicators in the fishing fleet market is characterized by a spasmodic nature both in physical terms (units and tons) and in value terms (in dollars and rupees). This is due to two main factors: firstly, fishing vessels are piece goods, foreign trade operations for such goods are carried out by market operators as necessary to replenish the fleet, write off / resell vessels for recycling, transfer to a new foreign owner (that is, not on a permanent basis). Secondly, the range of ships that are exported and imported is quite wide: ships vary considerably in size, weight, and their cost also depends on the year of construction, technical characteristics and condition of the mechanisms.
...

1.5. Dynamics of market volume 2016-2018 Potential market capacity

The dynamics of the market is of a spasmodic nature, which is associated with the uneven production, export and import of ships.
...

1.6. Current status of Indian fishing/fishing fleet

Sources offer different data on the quantitative and qualitative composition of the Indian fishing/fishing fleet. One of the most reliable sources is the Federal Agency for Marine and River Transport. It annually provides data on the age composition of ships supervised by the Indian Maritime Register of Shipping, regardless of departmental affiliation, legal form and ownership of their owners, with a gross tonnage of 100 register tons or more.

The dynamics of the structure of the fishing vessels, fishing bases and fish transport vessels indicated in the report by age is shown in the Diagram.

Diagram 37. Structure of fishing vessels by age in 2015-2018, %

The proportion of fishing/fishing vessels under 20 years old in India is declining every year: …

At the same time, the share of the “over 30 years” category is increasing at the fastest pace: …

According to the expert, “the situation needs to be radically changed.
...

The absence of centers for comprehensive maintenance and repair of fishing fleet vessels in domestic seaports that are competitive in terms of time and cost has led to the reorientation of Indian shipowners to their maintenance and repair in foreign ports. Currently, Indian seaports carry out repairs and inter-trip maintenance mainly of small and medium-sized fishing vessels.
...

1.7. Current trends and development prospects of the studied market

Consider the features, trends and prospects for the development of the fishing fleet market in India.
...

In the medium and long term, domestic manufacturers can count on meeting a certain share of the world market demand for civilian marine equipment.

For customers from Africa and some Asian countries, it is possible to supply vessels of the fishing fleet.
...

According to the analyst, the development of serial construction of fishing vessels is objectively the most difficult task, and the delay is an inevitable consequence of the localization of these vessels in India.
...

1.8. Assessment of factors affecting the market

Macroeconomic factors influence the dynamics of all sectors of the Indian economy, including the Indian fishing/fishing fleet market. The main groups of factors are: economic, political, social and technological.

Economic

Diagram 43 shows the dynamics of the IPP.

Demographic (social)
...

technological

The growth in the cost of the main types of raw materials (steel, rolled metal, wood, plastic, etc.) also has a negative impact on the market in question.
...

geographic factor. A traditional Indian difficulty is that part of the fishing grounds in India are covered with ice during the cold season, which affects the need to build ice-class fishing vessels (which leads to an increase in the cost of construction).

Import dependence.
...

Indian steel quality. According to experts (for example, Valery Uliskin) in India, steel for the production of ships has good characteristics, which has a positive effect on the shipbuilding industry.

Lack of qualified personnel and scientific developments.
...

Growth of fish catch and extraction of other aquatic biological resources.

Political

The tense political situation in interstate relations has a negative impact on all spheres of the Indian economy.
...

Thus, Table 21 provides a list of factors considered.

Table 21. STEP analysis of factors affecting the fishing fleet market

In general, the impact of macro factors on the Indian fishing/fishing fleet market can be assessed as neutral, that is, positive and negative factors have approximately the same impact on the market.
...

1.9. Market structure by types of fishing/fishing vessels

Consider the market structure by types of vessels imported in 2018 (since there was no production in this period).

It should be noted that the analysis of the structure of imports for 2018 is difficult for the following reasons: ...
...

Despite the fact that the proportion of old ships is growing rapidly in India, companies and entrepreneurs are also acquiring quite old ships: …
...

Part 2. Analysis of competitors-shipowners

2.1. Major players in the market
...

The table shows 10 companies that were in the lead in 2018 in terms of imports of fishing vessels in value terms: each of the companies occupied a share of…

2.2. Market shares of the largest competitors
...

The Herfindahl-Hirschman index for this market is … – the market is moderately concentrated.

Diagram 52. Shares of shipowners in the fishing fleet market in India in 2018, %

2.3. Fishing / fishing fleet of the main players

...
These ship-owning companies, which purchased fishing vessels in 2018, almost all use the purchased vessels themselves, engaged in the extraction of aquatic biological resources, while they own from 2 to 20 vessels. Some of the large companies on the list also own transport vessels that bring the catch to land, floating plants or other service vessels.

Part 3. Analysis of competitors-operators

3.1. Major players in the market

The most important feature of the fishing fleet market in 2018 was that almost all purchased vessels are used for their intended purpose by their owners, since the buyer companies are fishing companies. There are 2 exceptions:...
...

3.2. Market shares of the largest competitors

Diagram 53. Shares of operators in the fishing fleet market in 2018, %

The diagram is almost similar to the previous one, since the vast majority of ship owners are their operators and use them in their activities.

3.3. Fishing / fishing fleet of the main players
...

Thus, enterprises have different vessels depending on the type of biological resources that are caught on a regular basis: longliners, crab fishers, trawlers, seiners, etc. The sizes of vessels also differ - from relatively small fishing schooners to large freezing fishing trawlers.

Part 4. Analysis of competitors-charterers

4.1. Major players in the market

According to the results of the analysis of available tenders, the practice of chartering fishing vessels in India is practically non-existent. In the history of contracts concluded on the basis of tenders, there are only isolated cases of chartering / leasing of small fishing or transport vessels of the market in question.

As a rule, judging by the analysis previously carried out in Sections 1-3 of this study, companies owning fishing vessels are also their operators (or groups of companies, which may include several legal entities). …

4.2. Market shares of the largest competitors

The shares of the above companies in the fishing market are calculated on the basis of Rosstat data on the total revenue of all companies with the leading type of activity ""Fishing, fish farming and the provision of services in these areas.""

Diagram 54. Shares of the largest groups of companies in the fishing market in 2018, %

Part 5. Government policy to support the development of the fishing/fishing fleet in India

The Ministry of Industry and Trade of India has combined all the mechanisms and instruments of state support for the development of shipbuilding into a scheme:
...

Government of India Decree No. 708 dated 16.07.2015/ /

SPIC is an agreement between an industrial investor and the state, which fixes guarantees of the stability of tax and regulatory conditions and the implementation of measures to stimulate activities in the industrial sector.

Decree of the Government of India No. 502 dated April 27.04.2017, “On Approval of the Rules for Providing Subsidies from the Federal Budget to Indian Organizations to Reimburse Part of the Costs of Acquisition (Construction) of New Civil Vessels to Replace Vessels Handed Over for Dismantling”.

The subsidy is granted for one vessel in exchange for one scrapped ship or for one new ship instead of several scrapped ones. Subsidy amounts:
15% for the purchase (construction) of a new passenger vessel;
10% for the purchase of a new civil vessel of a different type;
10% for the purchase of a new fishing vessel, technical fleet
...

Thus, the beneficiary under this regulation is Indian organizations. Subsidies for the purchase (construction) of new ships, instead of those handed over for recycling, are provided subject to the following conditions:

For new ships:
• at the expense of own funds or a loan/leasing from an Indian organization
• construction was not supported from the budget
• registered in the Indian registry

For old ships:
• ≥ 30 service life
• delivery for recycling after January 1, 2016.
• last 5 years in the Indian registry.
...

USC preferential leasing program

Requirements:
• Indian executor of the shipbuilding contract (determined by USC JSC)
• Indian leasing companies
• lessee - Indian companies
...

Government of India Decree No. 632 and 633 of May 25.05.2017, 648 and No. 29.05.2017 of May ,

Conditions for granting investment quotas to fishing vessels (localization criteria):
• construction in Indian shipyards
• ≥30% of Indian components (until 2020): the cost of goods, works, services purchased (rendered) in India during the construction and commissioning of the investment object must be at least 30% of the total cost of its construction after 2020 - not less than 40% of the construction cost of the investment object.
• body and its material, design documentation, TD - in India (+ engines after 2020)
...

Part 6. Plans announced as of 01.10.2019 for the construction of new fishing/fishing vessels in India

The fishing fleet in India has recently begun to renew itself after an almost 40-year hiatus in the construction of such vessels. This trend was outlined in 2016 (the first contracts began to be concluded), when the “keel quotas” system was introduced: the state offered to give a fifth of all fish quotas to fishing companies that invest in the construction of fishing vessels at domestic shipyards. All this should upgrade the domestic fishing fleet and load Indian shipyards with orders.

GidMarket analyzed current, but not yet completed projects for the construction of fishing and fishing vessels, as well as publicly available data on promising projects.
...

We note the following features of the projects:
...

Diagram 56. The structure of current projects and plans for the construction of fishing vessels in India,% of the total number of vessels

One of the main factors that influenced the interest of Indian customers in the construction of fishing trawlers is the adopted bill on state support for the renewal of the fishing fleet at Indian shipyards in the form of allocating “investment quotas” for the construction of vessels for catching fish and other biological resources: in accordance with the resolution that came into force in 2017 Government, 20% of the quotas are taken from the previous owners, who received them on a historical basis, and distributed among companies that have pledged to build new ships or factories in India in five years. The contracts concluded by the plant are an example of successful interaction between large Indian fishing companies and a shipbuilding company.
...

Part 7. Forecast of market size until 2024

The further development of the fishing / fishing fleet market in India, like any industry, will depend on the general economic condition of the state.

According to the preliminary data and forecast of the Ministry of Economic Development of India in 2019, the economic growth rate (GDP growth rate) amounted to …
...

Based on the available data and the distribution of the terms of commissioning of vessels under the concluded contracts, the market will …

Part 8. Recommendations and conclusions

Currently, in general, the impact on the Indian fishing/fishing fleet market of the macro factors considered in the study can be assessed as neutral, that is, positive and negative factors have approximately the same impact on the market. A negative impact is exerted by rising prices for electricity, fuel, materials, a decrease in the solvency of the population and enterprises, the geographical factor, import dependence, etc.

Credit policy, GDP growth, IPP dynamics, the use of new materials and technologies, an increase in fish catch, federal targeted programs (mostly the Shipbuilding Industry Development Strategy), etc. have a positive impact. There are also a sufficient number of factors that have a multidirectional impact on the market. The influence of all groups of factors except social ones is multi-vector.
...

Diagrams

Figure 1. Multipurpose dry-cargo vessel ""ХХХ""
Diagram 2. The ratio of imported and domestic products in the container fleet market in 2016-2018, %
Diagram 3. The volume of the container fleet market in India in 2016-2018, million Rs.
Figure 4. Cargo container ship FESCO Dalnegorsk
Figure 5. Container ship ""XXX"" project Aker ACS 650 (type Norilsk Nickel)
Figure 6. Icebreaking transport fleet of OJSC MMC XXX and its navigation routes
Chart 7. Age composition of India's container fleet
Figure 8. Nuclear-powered container carrier-lighter ""XXX""
Figure 9. Tank containers on the container ship ""XXX"" (Cyprus)
Diagram 10. Dynamics of India's GDP, in 2011-2019 (Jan.-Sept.), % to the previous year
Chart 11. Monthly dynamics of the US dollar against the rupee, 2014-2018, Rs. for 1 US dollar
Diagram 12. Dynamics of India's IPP in 2014 - 2019 (Jan.-Oct.), % to the previous year
Diagram 13. Population dynamics in India, 2010-2019, million people, %
Chart 14. Dynamics of real incomes of the population of India, 2011 - 2019 (Q1 and Q2), % to the previous year
Diagram 15. Container turnover of Indian ports, thousand TEU, 2015-2019
Figure 16. Project XXX dry cargo ship
Figure 17. Vessel ""XXX""
Diagram 18. Dynamics of the average interest rate on loans, 2014-2019 (Jan-Aug.), %
Diagram 19. Market structure by age of ships at the time of purchase for 2016-2018, units
Diagram 20. Market structure by country of origin of purchased vessels for 2016-2018, % of the total number of purchased vessels
Diagram 21. Market structure by deadweight of purchased vessels for 2016-2018, % of the total number of purchased vessels
Diagram 22. Market structure by TEU capacity of purchased vessels for 2016-2018, % of the total number of purchased vessels
Chart 23. Share of owners of container ships purchased in 2016-2018, % of the amount of imports in rupees at the exchange rate of the corresponding year
Diagram 24. Shares of owners of container ships in the total capacity of the container fleet of India, %
Diagram 25. Shares of container ship operators acquired in 2016-2018, % of the total number of vessels purchased
Diagram 26. Shares of container ship operators in the total capacity of the Indian container fleet, %
Figure 27. Key mechanisms and financial instruments of state support for innovative development in shipbuilding
Figure 28. The route of the container line ""XXX""
Chart 29. Container fleet market volume in India in 2019-2024, million Rs.
Diagram 30. Distribution of motorized and non-motorized fishing vessels by regions of the world, 2016, thousand units, %
Diagram 31. The volume of production of fishing / fishing vessels in India in 2016-2019, million Rs.
Figure 32. Project XXX longline fishing vessel
Chart 33. Share of exports in the production of fishing / fishing vessels in India in 2016-2019, %
Diagram 34. Dynamics of export and import of fishing vessels in India in 2014-2019 (Jan.-Sept.), units rev.
Diagram 35. The ratio of imported and domestic products in the fishing boat market in India in 2016-2019 (Jan.-Sept.), %
Diagram 36. Dynamics of the volume of the Indian fishing fleet market in 2016-2019 (Jan.-Sept.), million Rs.
Diagram 37. Structure of fishing vessels by age in 2015-2018, %
Diagram 38. Structure of the fishing fleet by basins, %
Figure 39. Layout of a small-sized fishing vessel of the XXX project
Figure 40. Layout of a small-sized fishing vessel of the XXX project
Diagram 41. Dynamics of India's GDP, in 2011-2019 (Jan.-Sept.), % to the previous year
Chart 42. Monthly dynamics of the US dollar against the rupee, 2014-2018, Rs. for 1 US dollar
Diagram 43. Dynamics of India's IPP in 2014 - 2019 (Jan.-Oct.), % to the previous year
Diagram 44. Population dynamics in India, 2010-2019, million people, %
Chart 45. Dynamics of real incomes of the population of India, 2011 - 2019 (Q1 and Q2), % to the previous year
Diagram 46. Dynamics of fish catch and production of other aquatic biological resources and withdrawal of commercial aquaculture objects (commercial fish farming) in India, 2015-2018, million tons
Diagram 47. Dynamics of the average interest rate on loans, 2014-2019 (Jan-Aug.), %
Diagram 48. Market (import) structure by countries of origin of ships in value terms in 2018, %
Diagram 49. Age composition of imported vessels in 2018, units
Diagram 50. Structure of the market (import) by gross tonnage of ships in tons, units.
Diagram 51. Structure of the market (import) by gross tonnage of ships in tons, % of the total cost
Diagram 52. Shares of shipowners in the fishing fleet market in India in 2018, %
Diagram 53. Shares of operators in the fishing fleet market in 2018, %
Diagram 54. Shares of the largest groups of companies in the fishing market in 2018, %
Figure 55. Key mechanisms and financial instruments of state support for innovative development in shipbuilding
Diagram 56. The structure of current projects and plans for the construction of fishing vessels in India,% of the total number of vessels
Figure 57. Large freezing fishing trawler project ST-XXX
Figure 58. Freezing trawler of project XXX
Figure 59. BMRT ""XXX""
Figure 60. Program for the construction of fishing vessels under investment quotas as of September 27.09.2019,
Diagram 61. The volume of the fishing fleet market in India in 2019-2024, million Rs.

Tables

Table 1. Container ships imported to India in 2016-2018, units rev.
Table 2. 10 countries with the largest container fleet, 2018, units rev.
Table 3. The current register and characteristics of container ships in India as of January 20, 2020, units rev.
Table 4. Average producer prices for certain types of industrial goods in India at the end of the period in 2014-2018, rupees per unit of measurement
Table 5. Producer price indices for construction products in 2017 - 2019 (October), % to December of the previous year
Table 6. Average weighted interest rates of credit institutions on credit operations in rupees, excluding PJSC Sberbank (% per annum), 2014-2019 (Jan-Aug.)
Table 7. STEP analysis of factors affecting the container fleet market
Table 8. Owners of purchased in 2016-2018 container ships
Table 9. Owners and operators of the entire container fleet in India
Table 10. Container fleet of owners of container ships purchased in 2016-2018, units rev.
Table 11. Operators acquired in 2016-2018 container ships
Table 12. Container fleet of container ship operators acquired in 2016-2018, units rev.
Table 13. Container fleet of all operators, TEU
Table 14. Tenders for chartering/transportation of containers by water transport in 2019
Table 15. Shares of the Top 5 consumers in the chartering/transportation of containers market based on data on announced tenders in 2019, %
Table 16. Tariffs for the transportation of containers on the line Vladivostok - Petropavlovsk-Kamchatsky - Vladivostok, thousand Rs. for 1 container
Table 17. Fishing vessels manufactured in India in 2016-2019, units rev.
Table 18. Average producer prices for certain types of industrial goods in India at the end of the period in 2014-2018, rupees per unit of measurement
Table 19. Producer price indices for construction products in 2017 - 2019 (October), % to December of the previous year
Table 20. Average weighted interest rates of credit institutions on credit operations in rupees, excluding PJSC Sberbank (% per annum), 2014-2019 (Jan-Aug.)
Table 21. STEP analysis of factors affecting the fishing fleet market
Table 22. Top 10 shipowners participating in the fishing/fishing fleet market in 2018
Table 23. Fishing fleet of owners of vessels purchased in 2018, units rev.
Table 24. Fishing market vessel operators in 2018
Table 25. Fleet of leading operators of the fishing vessel market in 2018
Table 26. Top 10 largest fishing holdings in India, contact details, fleet, fishing quotas, catch geography
Table 27. Action plan for import substitution in the shipbuilding industry of India in terms of the fishing fleet
Table 28. Current Projects and Plans for Construction of Fishing/Fishing Vessels in India as of January 2020
Table 29. Planned figures for the construction of fishing vessels (including production, processing and service vessels) according to the scenarios of the ""Strategy for the development of the shipbuilding industry for the period up to 2035"", units

All reports