EXMAR
Govt extends Shipping Corporation's bid deadline indefinitely
Qualified bidders are said to have requested for more time to do due diligence on the vessel operator, these people said. The bidders have not been able to carry out physical inspection of ships, according to the people cited earlier.
Key member deboards Foresight-led consortium eyeing Shipping Corporation
London-based Foresight Group had put together a three-member consortium in March to bid for Shipping Corporation of India. The third member is Dubai-based GMS DMCC.
Ajay Harinath Singh aligns Darwin Platform Group of Companies with government’s disinvestment plans, after Air India now submits bid for Shipping Corporation of India
Exclusive Business Story Darwin in Race for Shipping Corporation of India
Shipping Corp Disinvestment: Former employee wants to make it a global LNG carrier
The shipping and oil-drilling company has submitted an expression of interest for the carrier. If it makes it to the subsequent stages it aims to fund the bid via family trust money, its consortium partners and PE funds, Ravi Mehrotra told ET.
Foresight Group among multiple bidders for Shipping Corp privatisation
DIPAM in December had invited expressions of interest (EoI) for strategic disinvestment of its entire stake of 63.75 per cent in Shipping Corp of India, along with the transfer of management. The last date for submitting the bids was February 13, which was later extended to March 1.
IFFCO keen on 10 per cent stake in Swan Energy
Ahead of the move, the authorised share capital of Swan LNG Pvt Ltd "has been increased from Rs 5 lakh to Rs 2,000 crore," Swan Energy said in a separate filing.
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Tata firm to invest in Rs 5,900-cr Swan LNG project
Tata Realty and Infrastructure (TRIL) is a wholly-owned subsidiary of Tata Sons, the holding company of the Tata Group.
Swan Energy gets nod for Rs 5,600-crore floating LNG terminal
Oil and Natural Gas Corp (ONGC), IOC and Bharat Petroleum Corp Ltd (BPCL) have agreed to take one million tonnes per annum capacity each on the 5 million tonnes a year floating LNG terminal.
PSU oil cos book 60% floating terminal capacity of Swan Energy
Gujarat State Petroleum Corp Ltd (GSPC) too is in talks to take 1.5 million tons capacity in the floating, storage and regasification unit (FSRU).
LNG Bharat to sell stake in 2 companies to global parts suppliers
LNG Bharat, which is building an LNG terminal at Krishnapatnam Port in AP, may offer stakes in two project-specific companies it has floated to global equipment suppliers.
Shapoorji Pallonji in talks with US-based group to acquire 13-17% stake in its floating LNG terminal project
VGS Group Inc had in January 2012 entered into a joint venture arrangement with IL&FS Maritime to set up a floating LNG terminal at the Kakinada anchorage port
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