Announcement

Monday, November 30, 2009

Sembawang and Kakinada Seaports to form JV

Sembawang Shipyard a wholly owned subsidiary of the Singapore based Sembcorp Marine and Kakinada Seaports announced that they will sign an agreement to form a JV company Sembmarine Kakinada Ltd.

The JV company to be created with an investment of about USD 375 million over 3 to 5 years will

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