ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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ZENITH-Growth without Profit

year has been committed against contract of affreightment and time charters undertaken. The company is also implementing rationalisation of expenditure which should result in improved performance in 1990-91. The company signed agreements to purchase five offshore supply vessels (OSVs) in 1989-90 which would be absorbed in the ONGC and OIL circuit. The company intends to acquire further OSVs and specialised vessels for the growing needs of the oil industry.

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