A Foresight Group-led bid for Shipping Corp of India (SCI) has been hit by the defection of Belgian partner Exmar.
The gas vessel specialist has confirmed it is no longer part of the group aiming to take over the state shipowner in its privatisation process.
Ravi Mehrotra-led Foresight had teamed up with cash buyer GMS and Exmar to acquire the 63.75%
