Reliance Is Eighth-Largest Hirer of Aframax Ships, Poten Says
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Reliance Industries Ltd., owner of the world’s largest oil refining complex, was the eighth-biggest charterer of Aframax vessels used to transport petroleum products last year, according to a ship broker.
Charters by Reliance, controlled by billionaire Mukesh Ambani, represented about 3 percent of the market for Aframax-size “clean” tankers last year, each with the capacity to carry about 830,000 barrels of gasoline, according to a report released by New York-based Poten & Partners.