Native media is reporting that Indian proprietor Nice Jap Transport is prefer to submit a bid to accumulate government-owned Transport Company of India (SCI).
The Indian authorities has been readying the privatisation of SCI, inviting expressions of curiosity for its 63.75% stake within the firm. Splash reported earlier of plans for a administration buyout of the state-run line. All bids are on account of be tabled throughout the subsequent month.
SCI runs a fleet of 59 vessels consisting of two container vessels, 18 crude oil tankers, 15 dry bulk carriers, one LPG / ammonia service, two multipurpose vessels, eight offshore provide vessels and 13 product tankers.