Essar Shipping recognised by US Coast Guard’s AMVER Award Programme

Essar Shipping recognised by US Coast Guard’s AMVER Award Programme

Mumbai, 28 August 2019: Essar Shipping Ltd (ESL) today announced that seven of the 12 vessels in its fleet have been recognised by the United States Coast Guard’s Automated Mutual Assistance Vessel Rescue (AMVER) System Programme for their outstanding commitment to safety at sea. The award ceremony was held in Mumbai on 22 August 2019.

Insolvency: Lenders ask NCLT to dismiss Essar bid

Insolvency: Lenders ask NCLT to dismiss Essar bid

The lenders of bankrupt Essar Steel on Wednesday told the Ahmedabad bench of the National Company Law Tribunal (NCLT) that the last-minute offer by the company’s promoters to pay Rs 54,389 crore should be dismissed as it is “not maintainable”.

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