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Ship Special: Oswal Group launches first ship in $300 million deal

By Zhuan Ti | China Daily | Updated: 2009-08-31 07:46

Ship Special: Oswal Group launches first ship in $300 million deal

A ceremony on Aug 28 for the first of Maruti Shipping's vessels built at Yangzhou Shipyards in Jiangsu province.

Australia-based Indian industrialist Pankaj Oswal has announced that Maruti Shipping, a part of his Oswal Group Global, is spending $300 million for nine ships that will be built at Yangzhou Shipyards in Jiangsu province for delivery between 2010 and 2012.

Ship Special: Oswal Group launches first ship in $300 million deal

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