SAIL, SCI signs MoU |
By Manish Gangurde, Thursday, July 03, 2008, 10:29 Hrs [IST] |  |
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Category: Non-Ferruos (Aluminium, Copper) | Tags: SAIL, SCI, JVC, shipping-related services, world wide dry bulk shipping trade | Share:  |
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Steel Authority of India ( SAIL ) signed an MoU with Shipping Corporation of India (SCI) to promote a JVC to facilitate import of coking coal for SAIL. SAIL and SCI will hold 25 per cent each in the JVC and the remaining share capital will be held by other strategic partners, who are yet to be identified. The JV firm will primarily provide various shipping-related services to SAIL for importing coking coal and may also participate in world wide dry bulk shipping trade. |
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