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.
