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India Tankers and Gas Dry Bulk

Interest wanes in SCI as privatisation drags on and restrictions mount

Delays in the process are tolerated, but the conditions being imposed on the sale of the ageing fleet of ships means that owning SCI is a less attractive proposition than it was when the government first put its 64% stake on the market

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The privatisation process is back on following ‘modifications’ to the original sell-off process, but bureaucratic hurdles and an increasingly prohibitive list of restrictions on the sale have resulted in waning interest from bidders

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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