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Green Marine

about 19 years ago

Foreign ship cos race for stake in ABG Heavy

Two foreign shipping lines, Zim of Israel and Geneva-based Mediterranean Shipping Company (MSC), the world’s second-largest container line, are believed to have approached ABG Heavy Industries (ABGHIL) to pick up an equity stake. The Mumbai-based port service provider, which recently offloaded 12% t

1 minutes read

Two foreign shipping lines, Zim of Israel and Geneva-based Mediterranean Shipping Company (MSC), the world’s second-largest container line, are believed to have approached ABG Heavy Industries (ABGHIL) to pick up an equity stake. The Mumbai-based port service provider, which recently offloaded 12% to the Port of Singapore Authority (PSA), has also been approached by a couple of private equity players.

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