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JSW Infrastructure’s arm acquires 100% stake in Marine Oil Terminal Corp

20 Dec 2023 Evaluate

JSW Infrastructure’s wholly owned subsidiary -- JSW Terminal (Middle East) FZE has acquired 100% stake in Marine Oil Terminal Corp. Consequent to the completion of the said acquisition, Marine Oil Terminal Corp has become the step-down subsidiary of the Company.

The Company has vision to expand its cargo handling capacity and cargo volume/ throughput in all types of cargoes including liquid & container. Considering the same, the liquid storage terminal at Fujairah would help the Company to achieve its growth & expand its footprint in liquid cargo.

JSW Infrastructure is part of the JSW Group, a multinational conglomerate with an international portfolio of diversified assets across various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports.

JSW Infrastructure Share Price

274.35 1.50 (0.55%)
17-Apr-2026 16:59 View Price Chart
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