Coal shipments to India rose 10% y/y
NewsBetween January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.
After receiving clearance from India’s Foreign Investment Promotion Board (FIPB), French shipping Line Louis Dreyfus Armateurs SA (LDA) has bought a 49% stake in the bulk port business of ABG Infralogistics Ltd for Rs900M (US$18.7M).
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