{"id":28349,"date":"2021-12-05T19:28:04","date_gmt":"2021-12-05T16:28:04","guid":{"rendered":"https:\/\/www.al-sindbad.net\/saverys-family-decides-to-quit-pursuit-of-shipping-corp-of-india\/28349\/"},"modified":"2021-12-05T19:28:04","modified_gmt":"2021-12-05T16:28:04","slug":"saverys-family-decides-to-quit-pursuit-of-shipping-corp-of-india","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/saverys-family-decides-to-quit-pursuit-of-shipping-corp-of-india\/28349\/","title":{"rendered":"Saverys family decides to quit pursuit of Shipping Corp of India"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>One of the frontrunner bids to take over state-run Shipping Corporation of India is in tatters as the Saverys family has decided to cease its joint pursuit of the 71-year-old Asian line.<\/p>\n<p>Exmar, the Saverys\u2019 gas shipping venture, <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/foresight-exmar-and-gms-in-the-mix-for-shipping-corp-of-india-buy-out\/\" target=\"_blank\" rel=\"noreferrer noopener\">had lodged a joint bid<\/a><\/span> with Ravi Mehrotra\u2019s Foresight Group and Anil Sharma-led GMS to take a majority 63.75% stake in SCI and privatise the company.<\/p>\n<p>\u201cWe have, due to other priorities, decided to leave this for the time being,\u201d Jens Ismar, Exmar\u2019s executive director, told the <em>Economic Times of India<\/em> newspaper today.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The bid was one of three shortlisted earlier this year by New Delhi with US-based Safesea and Hyderabad-based Megha Engineering and Infrastructure the other firms in the running to take over the 59-ship strong SCI.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/belgium\/\" rel=\"tag\">Belgium<\/a> <a href=\"https:\/\/splash247.com\/tag\/india\/\" rel=\"tag\">India<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the frontrunner bids to take over state-run Shipping Corporation of India is in tatters as the Saverys family has decided to cease its joint pursuit of the 71-year-old Asian line. Exmar, the Saverys\u2019 gas shipping venture, had lodged a joint bid with Ravi Mehrotra\u2019s Foresight Group and Anil Sharma-led GMS to take a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":24015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-28349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=28349"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/28349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/24015"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=28349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=28349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=28349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}