Reliance, Eighth-Largest Hirer of Aframax Ships for Fuels

Monday, January 24, 2011

A report from Bloomberg said that Reliance Industries Ltd., owner of the world’s largest oil refining complex, was the eighth-biggest charterer of Aframax vessels used to transport petroleum products last year, according to New York-based ship broker Poten & Partners. Charters by Reliance, controlled by billionaire Mukesh Ambani, represented about 3% of the market for Aframax- size “clean” tankers last year, each with the capacity to carry about 830,000 barrels of gasoline, according to a report released by.

(Source: Bloomberg)

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