ONGC vessel hire: Not everyone is willing to match low rates
Sep 07:
ONGC can boast of getting among the lowest day rates for vessels and rigs in the world 8But sometimes rates go down so low, that others are not willing to match the L-1 rates So despite a high participation rate in these tenders, ONGC will still be a few vessels short Click on Details for more on the latest update on vessel rates.