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(From India Business Insight)
Essar Shipping Limited (ESL) is India's second largest private sector shipping company with a fleet of 35 vessels of 1.4 million dwt valued at about $350 million. It is publicly listed with an asset capitalisation of $1 billion.
It is restructuring itself to focus on three businesses-energy transportation, coastal transportation and port and terminal.
In the energy transportation sector, ESL has Suezmax tankers and Capesize bulk carriers and deploys them on …