Oil Investing News » SCI has planned to purchase 4 large Crude Oil Carriers stuck in slowdown slick

SCI has planned to purchase 4 large Crude Oil Carriers stuck in slowdown slick

June 22, 2009 @ 6:04 am In Oil Company News

With the international shipping industry facing rough weather, Shipping Corporation of India, the country's leading shipping firm by fleet size and revenues, has shelved its plan to purchase four very large crude carriers worth $320 million.

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[1] here: http://www.thehindubusinessline.com/2009/06/22/stories/2009062252140100.htm