Shipping Corporation of India
Indian government-owned shipping company From Wikipedia, the free encyclopedia
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.[5]
| |
 | |
| Company type | Public |
|---|---|
| BSE: 523598 NSE: SCI | |
| Industry | Shipping |
| Founded | 2 October 1961 in Mumbai |
| Headquarters | Mumbai |
Key people | Binesh Kumar Tyagi (Chairman & MD) |
| Revenue | ₹5,098.59 crore (US$580 million) (2022)[1] |
| ₹809.26 crore (US$93 million) (2022)[1] | |
| Total assets | ₹13,855.06 crore (US$1.6 billion) (2022)[1] |
| Total equity | ₹8,699.64 crore (US$1.0 billion) (2022)[1] |
| Owner | Government of India (63.75%)[2][3] |
Number of employees | 554 (Jan 2022)[4] |
| Website | shipindia.com |
History
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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.
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.
In year 2003, the company recruited their first ever girls batch ,the batch TNOC35 had 3 girls Namrata Singh Tarkar, Anuradha Jha and Suneha Gadpande and rest 32 boys.
On 21 November 2019, the Government of India approved the privatisation of SCI.[7] In 2022, the privatisation was delayed by the Russo-Ukraine war.[8]
Services
- Cruise liner and Passenger services
- Bulk carrier and tanker services
- Offshore services
Major clients
See also
- Borders of India
- Container Corporation of India
- Coastal India
- Exclusive economic zone of India
- First girl batch in 2003 Namrata Singh Tarkar,Suneha Gadpande and Anuradha Jha
- Fishing in India
References
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