NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal announced that, the Government of India will infuse fresh capital into the Shipping Corporation of India (SCI) through the newly established Maritime Development Fund (MDF), aimed at expanding the national fleet and reinforcing the country’s strategic maritime capacity.
As part of this initiative, the Ministry has already floated tenders to acquire four medium-range (MR) product tankers, marking the beginning of SCI’s expansion drive under the new maritime . . .
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