Shipping Corp gets govt nod for 12 vessels
Public sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a total cost of Rs 3,193.68 crore.
By PTI |
MUMBAI: Public sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a total cost of Rs 3,193.68 crore.
The approval is for four Aframax Tankers, two LR-II size product tankers, four Panamax bulk carriers and two cellular container vessels, the shipping services provider said in a filing to the Bombay Stock Exchange.
Currently, Shipping Corp would place orders for only four Aframax Tankers and two LR-II size Product Tankers with Korea's Hyundai Heavy Industries and for that it has signed an agreement with the foreign firm.
The rest of the vessels would be acquired at a later date, it said.
The approval is for four Aframax Tankers, two LR-II size product tankers, four Panamax bulk carriers and two cellular container vessels, the shipping services provider said in a filing to the Bombay Stock Exchange.
Currently, Shipping Corp would place orders for only four Aframax Tankers and two LR-II size Product Tankers with Korea's Hyundai Heavy Industries and for that it has signed an agreement with the foreign firm.
The rest of the vessels would be acquired at a later date, it said.
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