ONGC vessel hire: Not everyone is willing to match low rates – 7 Sep 2021

ONGC can boast of getting among the lowest day rates for vessels and rigs in the world

But 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

Find out more on the latest update on vessel rates