The war between India and Pakistan adversely
affected the Corporation’s operations. Although all its services continued to
operate normally but vessels transiting home waters had to be specially re-routed
for security reasons. As a result of rationalization of country’s import below
normal because of the prevailing market uncertainties, port congestion, the
seamen’s strike in the UK, the increased stevedoring, insurance, port dues and
cargo handling costs, affected the Corporation’s revenues. In spite of these
adverse factors the Corporation’s overall commercial operations showed adequate
and satisfactory profits
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