Independent journal on economy and transport policy
15:42 GMT+2
Foreign ship cos race for stake in ABG Heavy
(The Economic Times)
October 3, 2007
Anto T Joseph, TNN
MUMBAI: Two foreign shipping lines, Zim of Israel and Geneva-based Mediterranean Shipping Company (MSC), the world’s second-largest container line, are believed to have approached ABG Heavy Industries (ABGHIL) to pick up an equity stake. The Mumbai-based port service provider, which recently offloaded 12% to the Port of Singapore Authority (PSA), has also been approached by a couple of private equity players ...... Read more on The Economic Times
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