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Bharatbook.com : Indian Shipping Industry Implications

Indian Shipping Industry

The report elucidates facts about the Indian Shipping Industry, supplemented by latest statistical data and comprehensive analysis. Emphasis is laid on the following key subject matters to accomplish the report. ( http://www.bharatbook.com/Market-Research-Reports/Indian-Shipping-Industry.html )

Section 1: Market in 2007

The performance of Wet Bulk, Dry Bulk and Containership Freight Market in 2007 is focused on. The new building and second hand asset price is provided. The orderbook position for all the categories and their delivery schedule as per vessel size as on January 1, 2008 is given. The report gives detailed analysis of past and future cargo volumes for the above three segments. Finally, outlook for these three markets for the medium and long term is arrived at. Cost & Profitability of the Indian Shipping Companies are provided. The main cost heads analyzed are bunker expense, crew expense, dry-docking, repair & maintenance expense, port calling dues, insurance expense and depreciation expense.

Section II: Industry Basics & SWOT

The characteristics of the industry are explained. These include: demand-supply dynamics of ships, cyclicality, capital intensity, pricing power, regulatory requirements, ways of vessel deployment, ship financing, tonnage taxation, age profile, vessel flag, vessel productivity. A detailed analysis of the challenges faced by the Indian shipping Industry is provided. The challenges discussed include: onerous tax regime, multiplicity of regulations, declining share of Indian shipping tonnage in India’s overseas trade, declining cargo support from TRANSCHART, manpower shortage, high port calling dues, port congestion and poor connectivity with hinterland, underdeveloped coastal shipping. This is followed by a SWOT analysis of the industry.

Section III: Company Profile

The companies covered include: Shipping Corporation of India Limited, Great Eastern Shipping Limited, Mercator Lines Limited. For each of these companies its financial profile, fleet profile, vessels on order and their delivery schedule, strengths & weaknesses along with corporate action are presented. 

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The importance of pat test labels

The Importance of PAT Test Labels

PAT testing is the required evaluation of electronic appliances which are used in the workplace.  Government standards dictate that any business within the UK must evaluate the electronic tools which their workers use to make sure that they are safe for use.  Without the regular testing of these appliances, there is no way to determine if the machine itself is still working within safe, regulated zones and it could end up causing serious injury.  When these appliances are tested, they must have PAT test labels applied to verify that they have been properly tested.  These PAT labels can help ensure that no one risks their safety by using a machine which is outdated and potentially malfunctioning.

PAT test labels themselves come in a variety of colors, each of them designed to give a clear indication about the state of the appliance itself.  Red, the color generally associated with stop, is placed on appliances which no longer test at safe levels.  When red PAT labels are used, the appliance should no longer be used until it is repaired or replaced.  Both green and blue labels traditionally indicate that an appliance has tested safely and can continue to be used.  Both green and blue, however, will indicate various levels of safety.  A blue PAT label means that this particular appliance should be tested again soon and is normally used on the appliances which need a frequent attention.  The green label means that appliance should work without problems long into the future.

The PAT test labels will have further indication about the state of the appliance, however.  Each tag is required to say “PASSED” or “FAILED” based on the results of the test, just so there is never any confusion about the color.  With this clear indication, no one should accidentally use a bad appliance and potentially harm themselves.  PAT labels are designed to be displayed in a clear place, making the state of the electronic appliance clear to anyone who picks the machine up.

When your business has a number of electronic appliances which your workers regularly use, you’ll want to take steps to have these pieces regularly PAT tested.  You want to make sure that your workers are in the safest possible working conditions.  It is never smart to have a dangerous scenario in your workspace and you will need to immediately take the necessary steps to fix the problem.  The use of PAT test labels can make sure that all of your appliances are up to code.  When you have a PAT tester come in and look at each of the appliances, you will know the state of your equipment.  Any green levels should work well for a long period of time.  You’ll want to have the blue PAT labels looked at again before long and the red labels must immediately be replaced or repaired.  Relying on the indications that PAT test labels provide will allow you to easily keep your business in the best working condition.  Don’t slack and make sure that your PAT testing, as well as your PAT labels are conducted and used regularly.