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IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks

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IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The company's board has already approved the purchase of a few vessels, and tenders were issued several months ago, Director of Finance Anuj Jain said during its second-quarter earnings call.

Key Takeaways

  • IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks.
  • The company's board has already approved the purchase of a few vessels, and tenders were issued several months ago, Director of Finance Anuj Jain said during its second-quarter earnings call.
  • The company's board has already approved the purchase of a few vessels, and tenders were issued several months ago, Director of Finance Anuj Jain said during its second-quarter earnings call.

The company's board has already approved the purchase of a few vessels, and tenders were issued several months ago, Director of Finance Anuj Jain said during its second-quarter earnings call.

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IOC to buy crude, LPG ships as West Asia crisis exposes shipping risks

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