[ORGANIZATION]
J M Baxi Group
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Situations
India's VLGC acquisition drive
2 clusters · 6 sources · last updated
Latest: J M Baxi Group Acquires First VLGC for $87.3 Million, Expanding LPG Shipping
In late July 2026 Indian Oil Corp launched a tender for a 50 % stake in VLGCs to secure dedicated vessels for U.S. LPG imports. Within days J M Baxi Group bought its first VLGC for US$87.3 million, giving the Indian firm