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India's top refiner IOCL scouts stakes in gas carriers as it plans higher US importsIndian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers. This move prepares the company for increased...- No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
- Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
- Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
- India sets course to procure 437 vessels by 2042India is planning to acquire 437 vessels to increase its domestic fleet. Some vessels will be built in India, while specialized ones like V...
- Sonowal welcomes India's first very large gas carrier 'Shivalik' at Visakhapatnam PortIndia's first Very Large Gas Carrier (VLGC), 'Shivalik', made its maiden call at Visakhapatnam Port, receiving a ceremonial welcome from Un...
- Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
- India to import LPG from Iran to meet rising demandState-owned oil firms will import one very large gas carrier, or 44,000 tonnes, per month for an initial six-month period, industry sources...
- Optimistic on future growth on indication from Baltic Dry Index: Anoop Kumar Sharma, SCI"The dry segments are seeing good growth in last one month; container sector is still ailing," Anoop Kumar Sharma said.
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