Essar Shipping to foreclose Bare Boat Charter cum Demise deal
Fri, Jul 9, 2021 2:59 PM

Essar Shipping to foreclose Bare Boat Charter cum Demise deal

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Essar Shipping Board of Directors of the Company by a unanimous circular-resolution nodded to the foreclosure of Bare Boat Charter cum Demise (BBCD) Agreement for the vessels MV Maithli and MV Maanika based on economic viability after obtaining the requisite regulatory approval. Essar Shipping is an Indian shipping corporation for the global energy business.

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