July28 , 2026

    Lila Global Buys Indian-Flagged VLCC via GIFT City Structure

    Related

    FIEO Urges Govt to Tackle Shipping Disruptions as West Asia Crisis Hits Indian Exporters

    The Federation of Indian Export Organisations (FIEO) has sought...

    FIEO Conducts Outreach Programme on FLOW Scheme for Morbi Ceramic Exporters

    The Federation of Indian Export Organisations (FIEO), in collaboration...

    Andhra Pradesh Approves ₹1,638.52 Crore for Phase-II Expansion of Three Greenfield Ports

    The Andhra Pradesh government has approved ₹1,638.52 crore for...

    Share

    Lila Global has completed the acquisition of an Indian-flagged Very Large Crude Carrier (VLCC), structured through the Gujarat International Finance Tec-City (GIFT City). The transaction highlights the growing use of India’s international financial hub for maritime financing and strategic vessel investments.

    Industry observers note that the deal strengthens Lila Global’s tanker portfolio while leveraging the regulatory and tax benefits offered by GIFT City, which aims to facilitate global-standard shipping and finance transactions within India.

    The newly acquired VLCC will enhance Lila Global’s crude transport capacity, supporting both domestic and international energy logistics, and reflecting a broader trend of structured maritime investments through India-based financial platforms.

    spot_img