HPCL Struggles To Book Tankers For Hormuz Crude

AI Summary

Hindustan Petroleum Corporation Ltd is struggling to book tankers for crude shipments from the Persian Gulf through the Strait of Hormuz. Vessel shortages and shipowners’ last-minute withdrawals are complicating transport despite a recovery in regional crude supplies.

Vessel shortages and last-minute withdrawals by shipowners complicate crude shipments from the Persian Gulf despite recovering regional supplies Hindustan Petroleum Corporation Ltd (HPCL) is facing difficulties securing tankers to transport crude from inside the Persian Gulf through the Strait of Hormuz, as vessel shortages and last-minute withdrawals by shipowners complicate shipment arrangements, according to media ...