Baltic Dry Index falls to 3179 down 45 points | 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.
Essar Cyprus arm sells 6 ships to ArcelorMittal for $80m
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The ships are owned by Essar Shipping Cyprus, an arm of Essar Global Fund, and are not part of Essar Shipping, the publicly traded company promoted by the Ruia family in India.
Agencies
Industry watchers believe the overseas deal between Essar and ArcelorMittal could be a precursor to a second deal that could involve the sale of some of Essar Shipping’s Indian ships to the steel major.
NEW DELHI: Essar s Cyprus arm has sold six ships to ArcelorMittal in a deal valued at $80 million, according to sources in the know.
Baltic Dry Index falls to 3338 down 45 points | 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.
Today, Friday, June 11 2021 , the Baltic Dry Index climbed by 188 points, reaching 2857 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic .