India’s IOC releases provisionally hired China-linked VLCC to import Mexican crude

India’s state-run Indian Oil Corp. has released a VLCC – after being briefly placed on subjects – when it was learnt that the super tanker was controlled by a Hong Kong-based commercial operator, as stringent government restrictions debar use of China-linked ships to move cargoes in or out of the country, several market participants said March 1. India banned use…