Local media is detailing that Indian proprietor Great Eastern Shipping resembles to present an offer to procure government-claimed Shipping Corporation of India (SCI).
The Indian government has been preparing the privatization of SCI, welcoming articulations of premium for its 63.75% stake in the organization. Sprinkle revealed before of plans for an administration buyout of the state-run line. All offers are expected to be postponed inside the following month.
SCI runs a fleet of 59 vessels comprising of two compartment vessels, 18 unrefined petroleum big haulers, 15 dry mass transporters, one LPG/smelling salts transporter, two multipurpose vessels, eight seaward stock vessels and 13 item big haulers.