Financial Daily from THE HINDU group of publications Thursday, Mar 25, 2004 |
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Logistics
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Shipping Essar takes delivery of VLCC Our Bureau
Mumbai , March 24 ESSAR Shipping has taken delivery of India's first double-hull VLCC (Very Large Crude Carrier) as part of its plans to become a major player in the energy transportation business. The 3.10-lakh DWT vessel, with a double bottom, is also the largest ship ever to be bought and owned by an Indian shipping company. It has a carrying capacity of two million barrels of crude oil. According to a press release, with the new vessel, Essar's fleet has gone up to 30 with a total tonnage of 1.65 million DWT. All its six Suezmax tankers are double hull and double bottom.
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