Marine Link
Thursday, December 12, 2024

SCI to buy 26 Ships

Maritime Activity Reports, Inc.

November 17, 2005

Shipping Corporation of India (SCI) will acquire 26 vessels over the next 16 months, according to a report published today in the Business Standard. The company proposed to acquire 16 vessels in four markets, it planned to go for block approval for 10 vessels, a Shipping, Road Transport and Highways Minister reported. On the issue of LNG shipping guidelines that make it mandatory for a company bringing in LNG into the country to have 26 percent Indian participation. Source: www.business-standard.com

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week