Monthly Update6 Jun 2026, 03:01 pm
Inter State Oil Carrier Volume Down 4.79% in May 2026
AI Summary
Inter State Oil Carrier Ltd reported a monthly business update for May 2026, handling 23.12 ('000 MTs) of volume. This represents a 4.79% decrease compared to April 2026 and a 7.22% decrease compared to May 2025. The decline is attributed to transportation disruptions and operational challenges stemming from geopolitical uncertainties. Despite the volume dip, the company expanded its fleet by onboarding four additional tankers during the month.
Key Highlights
- May 2026 volume handled was 23.12 ('000 MTs).
- Volume decreased 4.79% from April 2026.
- Volume decreased 7.22% from May 2025.
- Geopolitical issues impacted logistics operations.
- Four new tankers were added to the fleet.
Price Impact
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