India Approves Sale of State-owned Dredging Co

by Alasdair Pal
Thursday, November 8, 2018

India has approved the sale of its entire 73.44 percent stake in Dredging Corporation of India to a consortium of four ports, government minister Ravi Shankar Prasad said on Thursday.

Prasad also announced the government would lease out six airports across India in public-private partnership deals. 

(Reuters, Reporting by Alasdair Pal, editing by Mayank Bhardwaj)

Categories: Dredging Mergers & Acquisitions Ports

Related Stories

Ukrainian Drones Sink Russian Cargo Vessel

CMA CGM Celebrates Maiden Call of New Port Kobe Service

Australia’s Port of Newcastle Sets Diversified Trade Record

Current News

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

Petronas-Chartered Tanker Passes Through Hormuz

Ukrainian Drones Sink Russian Cargo Vessel

Operations Begin at Jubail Container Terminal in Saudi Arabia

Subscribe for Maritime Logistics Professional E‑News