GAIL (India) Ltd to acquire equity stake in Singapore-based LNG ship-owning company.

Exam-focused facts from the 29 January 2026 current affairs briefing.

Key facts

GAIL (India) Ltd will take an equity stake in a Singapore-based LNG ship-owning company through its wholly owned subsidiary GAIL Global IFSC Ltd registered in Gujarat International Finance Tec-City (GIFT City).
The LNG vessel is under construction in South Korea and is linked to a long-term charter signed by GAIL.
Kawasaki Kisen Kaisha Ltd (K LINE) and J M Baxi Marine Services will also be equity partners in the ship-owning company.
GAIL already holds a 26 per cent stake in the LNG carrier ‘GAIL Bhuwan’ hired from Japan’s Mitsui O.S.K. Lines Ltd.