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Business · ColomboIndia’s state-owned Mazagon Shipbuilders has revealed its proposed acquisition of a controlling stake in Sri Lanka’s Colombo Dockyard. If successful, this will become the first international acquisition by an Indian yard, at a time the country is intensifying efforts to capture a bigger share of the global shipbuilding market. The deal is valued at $52.96 million, representing at least 51 percent equity in Colombo Dockyard. This stake was earlie…See the Story
India’s Mazagon Shipbuilders to Acquire Colombo Dockyard
67% Right coverage: 3 sources

Long Beach, California · Long BeachT. Parker Host, already a leading U.S. maritime agency and terminal services provider, acquired Transmarine Navigation Corporation, a West Coast ship...See the Story
Host Acquires Transmarine Creating the U.S.’s Largest Tramp Ship Agency
100% Center coverage: 1 sources