SCI told to buy secondhand LNG tonnage

SCI told to buy secondhand LNG tonnage

Mumbai: Shipping Corporation of India (SCI) has been tasked by the nation’s shipping minister, Nitin Gadkari, to seek out secondhand LNG tonnage.

“I have given orders to SCI to find secondhand ships. For the transport of LNG, we can give services to them (SCI),” Gadkari told reporters on Wednesday.

While Cochin Shipyard has entered into a joint venture with South Korea’s Samsung Heavy Industries to get into LNG carrier construction, it’ll take at least around six years before the first one is built, Gadkari said.

The Gas Authority of India (GAIL) has floated a tender recently to acquire nine LNG ships.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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