Fire on Maersk Frankfurt nearly out
NewsThe fire on the Maersk Frankfurt container ship off the coast of India, which had been burning for five days and resulted in the death of one crew member, is almost extinguished.
Gujarat Pipavav Port Ltd (GPPL) on India’s west coast has raised Rs3.5B (USS63.3M) through a Qualified Institutions Placement (QIP) and a preferential issue to its promoter, APM Terminals Mauritius Ltd. The latter’s shareholding in GPPL is maintained at 43.01% post the QIP and the preferential issuance.
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