Great Eastern ‘joins the race’ to buy Shipping Corporation
The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the government.
The Mumbai-based Great Eastern led by Bharat Sheth said it had “no comment” to offer on a query from BusinessLine on filing the EoI.
Other potential suitors
US-based Safesea Group, helmed by Indian origin shipping professional SV Anchan, is expected to file the EoI “any time” before the March 1 deadline set by the Department of Investment and Public Asset Management. Anchan, President, Safesea Group, confirmed the company’s interest in SCI.
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Indian ship set to leave China after more than 6 months’ wait
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(Photo: Hindustan Times)
. Updated: 10 Jan 2021, 02:13 PM IST Bloomberg
Indian ship Jag Anand with 23 crew members on board has been allowed to leave China’s Jingtang port after unsuccessfully waiting for more than 6 months for clearance to offload its cargo, Great Eastern Shipping, which operates the ship, said
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An Indian ship with 23 crew members on board has been allowed to leave China’s Jingtang port after unsuccessfully waiting for more than six months for clearance to offload its cargo, Great Eastern Shipping Co. Ltd., which operates the ship, said.