Shipping Corporation of India (SCI) has been approaching South Korean and Chinese shipyards over a near-$1bn order for two firm VLCCs and up to four 16,000-teu container ships.
The move
Shipping Corporation of India (SCI) has been approaching South Korean and Chinese shipyards over a near-$1bn order for two firm VLCCs and up to four 16,000-teu container ships.
The move comes with the Indian government plotting a huge tanker-building programme to secure its energy supplies, with INR 850bn ($10bn) earmarked for 112 vessels up to 2040.
Earlier this month, sources told Bloomberg that an order for 10 vessels was in the works.
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