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