Shipping Corporation of India
 | |
| BSE: 523598 NSE: SCI | |
| Type | Government Corporation |
| Industry | Shipping |
| Founded | Mumbai, 2 October 1961 |
| Headquarters | Mumbai |
Key people | Mrs H.K Joshi (Chairman & MD) |
| Revenue |  ₹4,425.44 crore (US$620 million) (2020)[1] |
| ₹711.64 crore (US$100 million) (2020)[1] | |
| ₹302.35 crore (US$42 million) (2020)[1] | |
| Total assets |  ₹13,733.12 crore (US$1.9 billion) (2020)[1] |
| Total equity | ₹7,298.18 crore (US$1.0 billion) (2020)[1] |
| Owner | Government of India (63.75%) [2][3] |
Number of employees | 675 (July 2019)[4] |
| Website | shipindia.com |
The Shipping Corporation of India (SCI) is an Indian public sector undertaking. It is under the management of Ministry of Shipping , Government of India with its headquarters in Mumbai, Maharashtra, India[5] that operates and manages vessels that services both national and international lines.
History[]
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.[6]
SCI started out with 19 vessels. It gradually metamorphosed into a conglomerate having 80 ships of 59 lakh (5.9 million) tonnes deadweight (DWT) with interests in different segments of the shipping trade.
On 21 November 2019, the Government of India approved the privatisation of SCI.[7]
Services[]
- Cruise liner and Passenger services
- Bulk carrier and tanker services
- Offshore services
Major clients[]
- Indian Oil Corporation
- Bharat Heavy Electricals Ltd.
- Steel Authority of India Ltd.
- Oil & Natural Gas Corporation Ltd.
- Reliance Industries Ltd.
- Bharat Petroleum Corporation Limited
- Hindustan Petroleum Corporation Ltd.
- British Petroleum
- Bharat Petroleum
- British Gas
- Shell
- Tata tea
- Geological Survey of India
See also[]
- Borders of India
- Container Corporation of India
- Climate of India
- Coastal India
- Exclusive economic zone of India
- Fishing in India
- Outline of India
References[]
- ^ Jump up to: a b c d e "Balance Sheet 31.03.2020".
- ^ "Latest Shareholding Pattern - Shipping Corporation of India Ltd". trendlyne.com. Retrieved 29 July 2020.
- ^ Paris, Costas (10 March 2021). "India's Top Shipping Company Set to Kick Off Privatization Push" – via www.wsj.com.
- ^ shipindia.com/upload/investorsubpage/69thAnnualReport2018-2019_On_website.pdf
- ^ [1] Archived 10 December 2008 at the Wayback Machine
- ^ [2] Archived 15 December 2009 at the Wayback Machine
- ^ Arup Roychoudhury. "Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs | Business Standard News". Business Standard. Retrieved 13 May 2020.
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- Companies based in Mumbai
- Container shipping companies
- Shipping companies of India
- Transport companies established in 1961
- Gas shipping companies
- Government-owned companies of India
- 1961 establishments in Maharashtra
- Indian companies established in 1961
- Companies listed on the National Stock Exchange of India
- Companies listed on the Bombay Stock Exchange