As of June 30, 2018, the Indian shipping industry had a fleet of 1,389 vessels of 12.69 million gross tonnage (GT) and 19.27 million dead-weight tonnage (DWT). Of the vessels, 938 were coastal vessels with a tonnage of 1.49 million GT (1.63 million DWT) and 451 were overseas vessels of 11.2 million GT (17.64 million DWT).