Jassper Shipping to Invest US$50M, Puts India at Center of Global Push

AI Summary

Jassper Shipping announced a growth capital program of up to US$50 million to support its global expansion, focusing on India's infrastructure, manufacturing, and energy sectors. The investment aims to enhance project logistics and specialized cargo solutions over the next three years.

Jassper Shipping, a project logistics and specialised cargo solutions company, today announced a growth capital programme of up to US$50 million, subject to prevailing market conditions, requisite regulatory approvals and internal corporate authorizations, to be deployed over the next three years. The intended capital infusion aligns to India’s infrastructure, manufacturing and energy expansion, while integrating ...