Essar Refinery in India Makes Preliminary Booking of Iran Crude
This article is for subscribers only.
Essar Oil Ltd., the operator of India’s second-largest non-state refinery, provisionally hired a crude tanker to load from the Iranian port of Kharg Island, shipping data show.
The Mumbai-based company chartered the United Star to carry 130,000 metric tons on May 22 for delivery to Vadinar, according to reports from three shipbrokers including Galbraith’s Ltd. in London. The Liberia-flagged vessel, classed as a Suezmax tanker, is under way in the Persian Gulf. Provisional fixtures are subject to changes or cancellation.