Shipping Corporation of India

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Shipping Corporation of India
Company typeState-owned enterprise
public company (BSE523598NSESCI)
IndustryShipping
FoundedBombay, 2 October 1961 (1961-10-02)
HeadquartersCorporate Centre,
Madame Cama Road,
Mumbai 400,021 India
Key people
Capt. Anoop Kumar Sharma (Chairman and Managing Director)
RevenueIncrease39,026.9 million (US$490 million)[1]
Number of employees
6,242
Websitewww.shipindia.com

The Shipping Corporation of India (SCI) (BSE523598NSESCI) is a Government of India Public Sector Enterprise with its headquarters in Mumbai[2] that operates and manages vessels that services both national and international lines.

History

SCI Head Office at Nariman Point Mumbai

SCI was established on 2 October 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Two more shipping companies, Jayanti Shipping Company and Mogul Lines Limited, were merged with SCI in 1973 and 1986 respectively.[3]

SCI started out with 19 vessels. It gradually metamorphosed into a conglomerate having 80 ships of 5.9 million tonnes deadweight (DWT) with interests in different segments of the shipping trade.

SCI was also awarded the prestigious "Navratna" status by Indian Government in 2008.

Services

  • Cruise liner and Passenger services
  • Bulk carrier and tanker services
  • Offshore services

Major clients

References

  1. ^ "BSE Plus". Bseindia.com. Retrieved 2 February 2011.
  2. ^ [1] Archived 10 December 2008 at the Wayback Machine
  3. ^ [2] Archived 15 December 2009 at the Wayback Machine