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Mangalore Refinery and Petrochemicals (MRPL) has become the first Indian state refinery to charter a vessel to import Iraqi crude following the partial reopening of the Strait of Hormuz, according to three maritime sources.
The company booked the Aframax tanker Jasmin Joy to receive the cargo at the Basra terminal between July 19 and 20.
The public sector in that country has faced serious difficulties in securing vessels in ports located west of this enclave, a strategic route through which approximately one-fifth of the world's oil and gas supply circulated before the conflict between the United States and Israel against Iran destabilized trade in the region.
MRPL, which operates a 300,000 barrels per day refinery in the southern Indian state of Karnataka, did not immediately respond to a Reuters email requesting comment.
The Jasmin Joy was launched in 2009 and is registered under the flag of the Bahamas. It is 229 meters long, 42 meters wide, and has a deadweight of 104,604 tons.
