Shipping Corporation of India (SCI) and Bharat Petroleum Corporation (BPCL) have signed a Memorandum of Understanding (MoU) and a Non-Disclosure Agreement (NDA) to explore the formation of a strategic alliance in the shipping sector.
As part of this initiative, both companies will develop a comprehensive roadmap, structure, and operating model for the proposed strategic alliance /entity. This collaboration marks a significant step toward strengthening India’s shipping and energy logistics infrastructure through a well-structured and strategic partnership.
Shipping Corporation of India possesses all the ingredients essential for emerging as a truly world class international shipping company.