Indian carrier get go-ahead for vessel order
The Indian government has freed up its state-run carrier Shipping Corp. of India to buy six new dry bulk vessels at a cost of roughly $270 million, the Economic Times reported.
The vessels are intended to help SCI freshen up its aging fleet. Under the deal, SCI would acquire six handymax bulk carriers of about 57,000 deadweight tons, with 80 percent of the funding coming from loans.
Indian carrier get go-ahead for vessel order
