Directors at Essar Shipping will discuss the possibility of replacing older vessels with younger tonnage at a meeting tomorrow.
The board of directors will gather in order to consider a resolution to kickstart the company’s plan to rejuvenate its fleet.
Essar’s latest move in the sale and purchase (S&P) market took place in May, when it offloaded the 151,000-dwt Badri Prasad (built 1990).
The
