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Govt planning Cochin Shipyard IPO: Shipping Min
Published on Wed, Jul 01, 2009 at 13:23  |  Updated at Wed, Jul 01, 2009 at 15:08  |  Source : CNBC-TV18

The Shipping Ministry has said the Government would consider divestment in Shipping Corporation and was planning IPO (initial public offering) of Cochin Shipyard, reports CNBC-TV18 quoting NewsWire18.

The Ministry added that awarding six port projects was under the government's 100-day agenda and that the six planned port projects would cost Rs 3,320 crore.


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Shipping Corp would buy 32 ships in FY10, the Shipping Secretary said.

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