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20 September 2020 The on-line newspaper devoted to the world of transports 11:56 GMT+2

July 22, 2003

Essar Shipping ties up with US-based AMA to bid for SCI

Essar Shipping has reportedly forged an alliance with the New York-based AMA Shipping Equity Fund I (a part of the American Marine Advisors group) to bid for the 51 per cent equity stake in the Shipping Corporation of India (SCI). The financial requirements for the joint venture has already been tied up with a group of foreign and domestic banks and other lenders, it is learnt ......
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