Sembcorp Marine

MUMBAI (Dow Jones) -India''s Pipavav Shipyard is in talks for a JV with Sembcorp Marine that could aid the Indian company get overseas orders, the Mint newspaper reported Tuesday. The 2 companies are likely to set up a SPV, in which they will hold equal stake, and the SPV will focus on global markets. The report did not give further details as the talks were at an early stage.