This Article First Appeared In Times Of India On March 5, 2023
In an ideal world, India would be rushing aid to a broke and beleaguered Pakistan as it teeters on the brink of bankruptcy and default. Absent that, an Indian-owned ship, MV , has steamed into Gwadar port carrying 50,000 metric tons of wheat from Russia amid reports of 40% inflation and growing food shortages in the country.
The consignment is part of the 450,000 mt of wheat being imported by Pakistan . MV Lila Chennai is one of the 40 ships owned by Global Marketing Systems Inc (GMS Inc), said to be the world’s largest buyer of ships and offshore assets for recycling, founded by Dr Anil Sharma , a former US business school professor, who is currently based in Dubai.Shipping and marine tracking records show that MV Lila Chennai, sailing under a Liberian flag, left the Russian port of Novorossiysk on February 10 and berthing at Gwadar port on March 1. The imports are expected to continue through March on nine ships.