DP World in talks to buy Indian flag carrier Shreyas Shipping
Global port operator DP World Ltd is in advanced talks to buy Shreyas Shipping and Logistics Ltd and Avana Global Logistek Ltd from Dubai-based Transworld Group promoted by Indian businessman Ramesh Ramakrishnan, according to multiple sources. Mumbai-listed Shreyas Shipping is the Indian flagged vessel owning unit of Transworld Group, running a fleet of 13 ships, …
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