Exclusive: India's IOC close to deal for Panama-flagged vessel as Indian vessels fail to match
Published on: Monday 01 July 2019
India's top refiner Indian Oil Corp is close to chartering a Panama-flagged ship rather than an Indian vessel in its first five-year tender to hire an oil tanker with scrubbers that remove sulphur emissions, sources with knowledge of the matter said. In December last year, state-owned IOC issued