India’s state-run
The oil and gas discoveries made in the Amrit and Moonga locations are being assessed, the company said. The blocks in which the discoveries have been made were both awarded under India’s Open Acreage Licensing Policy (OALP), which was launched on 2017 with the intention of attracting major energy companies to India’s upstream sector.
“With these discoveries,
Two years ago, Gatik Ship Management (GSM) was an unknown shipping firm in
Today, to all intents and purposes the firm remains unknown, but it is now in possession of a sizeable fleet of 58 vessels. And according to a
“To put this into perspective, out of almost 14,000 live tankers, the majority of these companies, 1,361 in all, own fewer than 10 live tankers; only 20 companies, including Gatik, own 50 or more” said VesselsValue’s Rebecca Galanopolous.
In the process of its surprising growth, the firm has become one of the world’s leading shipping companies in terms of vessels owned.
That the sudden rise from shipping obscurity of GSM to industry prominence has occurred in a time-frame almost identical to that of the Russian invasion of
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