Mumbai: A jv between two Indian state-owned firms - Shipping Corporation of India and Steel Authority of India Ltd - has made its first move to acquire ships, with SCI issuing three separate international tenders last week.
The first involves a newbuilding contract for a 155,000-dwt capesize, with an option for a second. The second is for two panamaxes of between 72,000 dwt and 76,000 dwt, either newbuilding resales or secondhand vessels under five years old. The third tender is for two 74,500-dwt panamaxes. [27/09/10]
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