about 21 years ago
The Shipping Corporation of India (SCI) has emerged as the successful bidder for transportation of 9 million tonne crude oil for Indian Oil Corporation (IOC). The two companies were negotiating the rates after SCI quoted 12 points above the Baltic Index for TD 3 route though IOC wanted the rate to b
The Shipping Corporation of India (SCI) has emerged as the successful bidder for transportation of 9 million tonne crude oil for Indian Oil Corporation (IOC).
The two companies were negotiating the rates after SCI quoted 12 points above the Baltic Index for TD 3 route though IOC wanted the rate to be about 5 points below the index.
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