Compatriot shipowners Great Eastern Shipping and Mercator are among companies mulling a move for vessels Varun has put on the block, reports say.
“We are evaluating the proposal,” a Mercator executive told the Wall Street Journal-backed Live Mint website.
“The vessel is in Dubai and we will shortly send our executives to inspect the condition of the vessel.”
A Mercator executive told the website: “We have not taken a final call.