Tag: IOC

Panama Flagged Vessel for Hire by Shipping Corporation

IOC had called for bids earlier this year to hire a ten-year old oil super tanker for a firm period of five years...

Update of Asia LNG Spot Cargoes Trade on Abundant Global Supply

Indian Oil buys August cargo from Trafigura at $3.69/mmBtu CNOOC buys September cargo from Vitol at $3.90/mmBtu Last time cargoes traded below $4...

No Scrubber Equipped VLCC Then No Deal

In a  major development, India's top refiner Indian Oil Corp is close to chartering a Panama-flagged ship rather than an Indian vessel in their...

IMO’s Marine Biodiversity Protection Project ‘GloFouling’ Begins

The IMO-executed GloFouling Partnerships project will address bioinvasions by organisms which can build up on ships’ hulls and other marine structures, reports Port News. "A...
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