Hardeep S Puri

Playing hardball with China


Hardeep S Puri

After failed bid, re-tendering for MT Pavit sale this week

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The agency has also offered to deduct the debt from the purchase amount to the salvers but it hasn't got any response yet.

Meanwhile, the nodal authority DGS is expected to keep a watch on the auction. According to officials, if all the options exhaust and it fails to find a worthy bidder, the directorate will write to the international maritime body and get the other vessels of Dubai-based Pavit Shipping and Prime Tankers LLC berthed.

The ship had, over the last 11 months, posed security and maritime concerns after three naval agencies failed to intercept it as it drifted unmanned into Mumbai's shores. The vessel was first abandoned mid-sea off Oman by a 13-member crew following a water ingress in the engine room.

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