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Garware Offshore inks pact with Norway co

Shipping services firm Garware Offshore Services Ltdsaid on Tuesday it has signed a contract with Norway's Havyard Leirvik AS for constructing a Platform Supply Vessel.Garware Offshore has placed......

Shipping firms eye offshore boom

Domestic players are eyeing offshore shipping business.The companies have firmed up acquisition plans to add various offshore support vessels and marine construction assets.The current players in......

FIIs now prefer maritime companies

Foreign Institutional Investorsare making a beeline to pick up stake in domestic maritime companies. Overseas investors have picked up 8 to 21 percent stake in mid-sized shipping companies,......

Indian cos invest $1.88 bn overseas in March

Investment by Indian companies abroad increased by 13.7 per cent to $1.88 billion in March, according to the Reserve Bank data.In February, Indian companies had invested $1.66 billion overseas. The......

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