Bharat Petroleum Corporation Limited (BPCL) and the Shipping Corporation of India (SCI) have signed a groundbreaking Memorandum of Understanding (MoU) to establish a strategic partnership in the shipping sector. The collaboration aims to create a world-class maritime infrastructure supporting India's growing energy needs, aligning with the government's Maritime Amrit Kaal Vision 2047. This partnership will focus on developing a dedicated shipping network for transporting crude oil, gas, and petroleum products, enhancing operational efficiency and innovation in the maritime sector. The alliance is expected to strengthen India's energy security and global maritime presence, marking a significant step towards the country's self-reliance goals.
Sources: Indian Chemical News, Business Standard, PTI News