India's Joint Vessel Fleet

  Published 8 months ago

MoU unites ministries and oil firms to build vessels, boosting India's shipping, energy security strategically.

  • Ministries of Ports, Shipping, Waterways, and Petroleum collaborate, acquiring and managing a joint vessel fleet nationwide.
  • BPCL, HPCL, and Indian Oil contribute expertise, ensuring robust crude processing and product distribution across.
  • Project aligns with Atmanirbhar Bharat, enhancing trade routes, coastal transport, and hydrocarbon logistics for India.

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