India Seeks $1.1 Billion Reparation After MSC Fuel Spill in May
The southern Indian state of Kerala has sued MSC Mediterranean Shipping Co. for the environmental damages caused by a ship capsizing off its coast, according to a court document.
LONDON (Dow Jones)–Dongfang Shipbuilding Group Co Ltd (DFS.LN) Wednesday announced that Mr Venkatesh Narayanaswamy has stepped down from the board with immediate effect, adding that the board expects a replacement chairman to be appointed in the near future.
-Shares at 1204 GMT flat at GBP0.3 valuing the company at GBP63 million.
-By Jana Weigand, Dow Jones Newswires
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