| Type | State-owned enterprise Public (BSE: 523598NSE: SCI) |
|---|---|
| Industry | Shipping |
| Founded | Bombay, 1961 |
| Headquarters | Corporate Centre, Madame Cama Road, Mumbai 400 021 India |
| Key people | S Hajara (Chairman and Managing Director) |
| Revenue | 3,902.69 crore (US$741.51 million) [1] |
| Website | www.shipindia.com |
The Shipping Corporation of India (SCI) (Hindi: भारतीय नौवहन निगम) (BSE: 523598NSE: SCI) is a company owned by the Government of India based out of Mumbai[2] that operates and manages vessels that services both national and international lines.
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SCI was established on October 2, 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 83 ships of 4.6 million metric tons deadweight (DWT) with interests in 10 different segments of the shipping trade.
Starting out as a marginal Liner shipping Company with just 19 vessels, the SCI has today evolved into the largest Indian shipping Company. The SCI also has substantial interests in various segments of the shipping trade. SCI’s owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, Phosphoric Acid / Chemical carriers, LPG / Ammonia carriers and Offshore Supply Vessels. Sailing through for nearly five decades, the SCI today has a significant presence on the global maritime map.
The SCI operates a fleet of 84 vessels (January 2006) totaling 4.93 million DWT. It also manages 53 vessels (January 2006) totaling 63000 DWT on behalf of various Government Departments and other organizations
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