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Case Study Of Reliance Shipping

10470 Words42 Pages

CHAPTER: 1
EXECUTIVE SUMMARY

Petroleum is one of the primary sources of energy. It is the back bone of industries. It goes through a long chain from exploration to retailing- before it is available for usage in different forms. In our country, the Refining business is primarily dominated by Public Sector Undertaking Companies like Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), etc. Apart from PSUs, major player in this sector is Reliance Petroleum. All refineries need crude oil as basic raw material. They have to import it in large quantities to meet their requirements. For this purpose they need huge oil tankers to do this job
Shipping is perhaps the most international of the world’s industries, serving more than 90 percent of global trade (by volume) by carrying huge quantities of cargo cost effectively, cleanly and safely. The ownership and management chain surrounding any ship can embrace many countries and ships spend their economic life moving between different jurisdictions, often far from the country of registry. …show more content…

Anurag Sachdev, Chief Manager (Shipping), Indian Oil gave me an unmatched experience of Crude procurement.
This project “Supply Chain Management- Crude Oil Shipping of Indian Oil Company” Deals with the study of various processes for the movement of crude and the various functional aspects of chartering department of Indian Oil Corporation Ltd. It aims at understanding the complex structure of International seaborne trade, which is composed of thousands of voyages whereby cargoes are carried from one country to another. Each of these voyages comprises of unique legal

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