Tata NYK Shipping to purchase three dry bulk cargo carriers
Tata NYK Shipping Pte Ltd will purchase three new dry bulk cargo carriers from Japanese yards as part of a plan to expand fleet to ship at least half of Tata group's expected cargo of 60 million tonnes in the next few years.
National air carrier Air India is planning to sell its six Boeing freighters with indications that the airline may shelve its plans to spin off its cargo business into a separate subsidiary, according to a report.