"The Strategic Alliance Agreement executed amongst the Company, Port of Antwerp International and Port of Antwerp International UK Limited ("SSA") has been mutually terminated," Ruias-promoted Essar Ports said in a regulatory filing.
The parties will however continue to work on the ongoing engagements which were initiated under the SAA, the filing said.
The company had earlier entered into a strategic pact with Port of Antwerp International UK Limited, a subsidiary of the Port of Antwerp.
Shares of the company closed at Rs 104.50 on BSE, down 0.48 per cent from previous close.
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