Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

SCI gets approval to buy six handymax vessels

Mumbai: The Shipping Corporation of India has received approval from the Cabinet Committee on Economic Affairs (CCEA) for the purchase of six handymax bulk carriers for $269.4m. The vessels, of 57,000dwt each will be primarily funded by external borrowings. SCI currently operates a fleet of 79 vessels and is keen to expand its assets in both the dry bulk and energy sectors.  [03/12/07]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish