Bharat Petroleum Corporation Limited (BPCL), a leading player in India’s energy sector, has signed a Memorandum of Understanding (MoU) with the Shipping Corporation of India (SCI) to enhance India’s maritime infrastructure. This strategic partnership aligns with the Maritime Amrit Kaal Vision 2047, aimed at bolstering India’s global presence in shipping and energy transportation.
The MoU was signed by Shri Manoj Heda, Executive Director, International Trade & Risk Management, BPCL, and Shri Atul Ubale, Director, Bulk Carrier & Tankers Division, SCI. The signing took place in the presence of Shri Vetsa Ramakrishna Gupta, Director – Finance, BPCL, and Shri Dinesh Kutty, DGM I/c Tanker Commercial, SCI.
Key Highlights of the Collaboration
Dedicated Shipping Network: BPCL and SCI will establish an efficient shipping network for transporting crude oil, gas, and petroleum products.
Enhanced Operational Efficiency: The partnership will optimize maritime operations, expand capabilities, and drive innovation in shipping logistics.
Energy Security: A resilient energy transportation network will be developed to support India’s increasing energy demands.
Long-term Commitment: BPCL and SCI aim to explore growth opportunities that strengthen India’s maritime sector.
By leveraging each other’s expertise, BPCL and SCI aim to enhance capabilities, drive technological advancements, and contribute to India’s economic growth. This long-term collaboration signifies a major step toward building a sustainable shipping infrastructure, positioning India as a formidable force in the international maritime industry.
