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Fitch Affirms Pelindo II at BBB ; Outlook Stable | Hellenic Shipping News Worldwide

Fitch Affirms Pelindo II at BBB ; Outlook Stable | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Nordic fund KLP divests from Adani Ports over links to Myanmar military

OSLO, June 22 (Reuters): Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited on the grounds the company s links with the Myanmar military breach the fund s responsible investment policy, KLP has said. Adani Ports, India s largest port operator, has been under scrutiny from international investors over its project to build a container terminal in the city of Yangon on land leased from a Myanmar military-owned conglomerate. A military coup in Myanmar on Feb. 1 and an ensuing crackdown on mass protests in which hundreds have been killed has drawn international condemnation and sanctions on military figures and military-controlled entities.

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