Indian refiner MRPL cancels Middle East vessel charter: Report

New Delhi: India's Mangalore Refinery and Petrochemicals Ltd has cancelled a vessel charter it had booked for loading ‌crude ⁠oil ⁠from Iraq, two shipping sources with knowledge of the matter said.

One ​of the people said MRPL has cited "technical reasons" for ​not going ⁠ahead with ‌the chartering ​of ​the Aframax tanker Jasmin Joy.

It ⁠was not clear whether the chartering failed due to heightened tension in the Strait of Hormuz, the sources said, after attacks on some ships in ‌the key waterway prompted maritime authorities to raise the threat ⁠risk for transiting vessels to "severe".


MRPL is scouting for a replacement vessel, ​they said.

MRPL did not respond to a Reuters email seeking comments.