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News & Current Events Apr 1, 2026 at 7:08 AM

Indian company buys 2 china bound LPG tankers in the arabian sea from UAE

Posted by Nobita_0001

City co stops 2 China-bound ships, buys 50,000MT stock | Nagpur News - The Times of India
The Times of India
City co stops 2 China-bound ships, buys 50,000MT stock | Nagpur News - The Times of India
Nagpur: In a daring buyout in the Arabian Sea, Nagpur-based private LPG bottling company Confidence Petroleum Ltd literally 'hijacked' two vessels lad.
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10 Comments

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PartyMetal1916 Apr 1, 2026 +20
Is everybody just doing what they want these days?
20
fateislosthope Apr 1, 2026 +17
Rules without enforcement are just suggestions
17
planetarybum Apr 1, 2026 +18
"Hey, how much is China paying you for those tankers? I'll pay you double."
18
ATangK Apr 1, 2026 +14
Contracts are worthless now?
14
dbxp Apr 1, 2026 +25
Sounds like they just bought the contract from China
25
ApplicationMaximum84 Apr 1, 2026 +7
Those providers declared "force majeure" due to the conflict, which essentially allows them to declare existing contracts null and void.
7
FriendshipOnly666 Apr 1, 2026 +9
That’s not what force majeure is
9
qwertyqyle Apr 1, 2026 +6
What a flex on China.
6
FriendshipOnly666 Apr 1, 2026 +22
Not really, India just offered to pay way above the price China agreed
22
rocked_ribbed_human Apr 1, 2026 +1
India paid more than China for these 2 tankers. Just like Russia also diverted their LPG tankers towards India (these tankers were enroute to China), because India paid them more! Doesnt really look good on China, Russia, a trusted brother, turned its back on China and sent their LPG tanker to India!
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