×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Corporate | Precious Shipping, ABG in cement carrier JV

Corporate | Precious Shipping, ABG in cement carrier JV
Comment E-mail Print Share
First Published: Thu, Jan 14 2010. 10 01 PM IST
Updated: Thu, Jan 14 2010. 10 01 PM IST
Bangalore: Precious Shipping Plc, a Thailand-based dry bulk cargo ship operator, has formed an equal joint venture with PFS Shipping India Ltd, part of the Indian shipbuilding group ABG, to develop a cement carrier dry bulk business.
The move follows the signing of a long-term contract between Precious Shipping and India’s Ultratech Cement Ltd in December to transport cement using three cement carriers.
Comment E-mail Print Share
First Published: Thu, Jan 14 2010. 10 01 PM IST