SCI floats EoI for eight gas carriers, mandates local build and Press Note 3 compliance

Shipping Corporation of India is looking to acquire eight new very large gas carriers. Six of these vessels will be built in India. Two can be constructed by international shipyards. Bidders from countries sharing a land border with India must be ...

New Delhi: Shipping Corporation of India (SCI) has called bids to acquire eight new very large gas carriers (VLGCS).

According to an expression of interest (EoI) document floated earlier this month by the public sector undertaking, six of these vessels need to be locally built while two can be delivered by international shipyards.

SCI said any bidder from a country which shares a land border with India will be eligible to bid in this tender only if the bidder is registered with the Competent Authority.


The public sector undertaking effectively reiterated that Press Note 3 restrictions - which keep a check on Chinese investments and participation in sensitive tenders - will apply to these bids as well.
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