Cyprus-based Interorient Navigation Co. Ltd and Danship and Partners Ltd have announced a record ₹10,000 crore investment (equivalent to €989.96 million at today’s exchange rate) in India’s shipping sector, marking the largest-ever foreign direct investment since the industry was opened to full foreign participation in 2005.
Both companies are headquartered in Limassol. Interorient is led by Cypriot shipping executive Themis Papadopoulas, while Danship and Partners is headed by Indian maritime
