• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, July 24 Shipping Corporation of India (SCI) has received the Cabinet nod to acquire four Panamax bulk carriers for $238.2 million.

For this, SCI would raise up to 80 per cent of the contract price of each vessel from the domestic or international market while the balance amount would be paid from its internal resources.

According to an official release, the Cabinet Committee on Economic Affairs today gave its approval for acquiring four Panamax Bulk Carriers of about 80,000 DWT each at a price of $59.55 million a vessel.

More Stories on : Shipping | Shipping Corporation of India Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Decision on Kolkata airport modernisation deferred

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line