Shipping Corporation of India

The Shipping Corporation of India (SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai.

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.

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.

Inland & Coastal Shipping Ltd. (ICSL), SCI's wholly owned subsidiary was incorporated in 2016 after Maritime India summit for undertaking/providing transport services through Inland waterways and coastal shipping.

On 21 November 2019, the Government of India approved the privatisation of SCI. In 2022, the privatisation was delayed by the Russo-Ukraine war.

Services

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

Major clients

 * Bharat Heavy Electricals
 * Bharat Petroleum
 * BP
 * British Gas
 * Geological Survey of India
 * Hindustan Petroleum
 * Indian Oil Corporation
 * Oil & Natural Gas Corporation
 * Reliance Industries
 * Shell
 * Steel Authority of India
 * Taj Cruises
 * Tata tea