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VERIFIEDET Finance·negative
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources
AI Summary
- ·Indian Oil Corporation received no bids in its tender for ships to carry Gulf cargoes.
- ·Ship owners are reportedly hesitant due to the current geopolitical climate in the region.
- ·The tender sought vessels to transport crude oil and LPG from Middle Eastern ports to India's west coast.