Mar 08: The Shipping Corporation of India has drawn up its capex plan for 2016-17 The plan involves: 8An acquisition plan 8A resale plan 8An investment in the LNG JV 8The point to note is SCI's tie-up with GAIL for LNG transportation from USA to India. SCI will also do post fixture management of GAIL’s in-chartered LNG tankers and In-chartering of LNG tankers for short-term i.e. period of 1-3 yrs. 8The company has also signed an MOU with ONGC for long term contracts. Will this have an impact on private sector shippers? 8Also find out more on SCI's fleet profile 8SCI Is now inviting empanelment of ship brokers for GAIL's LNG business. Click on Reports for more