The Shipping Corporation of India (SCI) is a

government corporation A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governme ...

that operates and manages vessels servicing both national and international lines. It is under the

ownership Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different ...

of Ministry of Shipping,

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

, with its headquarters in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

History

SCI was established on 2 October 1961 by the

amalgamation Amalgamation is the process of combining or uniting multiple entities into one form. Amalgamation, amalgam, and other derivatives may refer to: Mathematics and science * Amalgam (chemistry), the combination of mercury with another metal **Pan am ...

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 Vessel(s) or The Vessel may refer to: Biology *Blood vessel, a part of the circulatory system and function to transport blood throughout the body *Lymphatic vessel, a thin walled, valved structure that carries lymph *Vessel element, a narrow wat ...

. It gradually metamorphosed into a conglomerate having 80 ships of 59

lakh A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000. For ex ...

(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, coastal shipping and end to end logistics. Inland waterways transport is not only an environment friendly and fuel-efficient mode of transport, but would also help reduce overall logistics costs, providing affordable transport solutions connecting country’s vast hinterland. On 21 November 2019, the

approved the privatisation of SCI. In 2022, the privatisation was delayed by the

Russo-Ukraine war The Russo-Ukrainian War; uk, російсько-українська війна, rosiisko-ukrainska viina. has been ongoing between Russia (alongside Russian separatist forces in Donbas, Russian separatists in Ukraine) and Ukraine since Feb ...

Services

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

Major clients

Bharat Heavy Electricals Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking. It is under the ownership of Ministry of Heavy Industries, Government of India. It is based in New Delhi, India. Established in 1956, BHEL is India' ...

Bharat Petroleum Bharat Petroleum Corporation Limited (BPCL) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It operates three refineries in Bina, Kochi and Mumbai. BPCL is In ...

* BP *

British Gas British Gas (trading as Scottish Gas in Scotland) is an energy and home services provider in the United Kingdom. It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. Serving ...

Geological Survey of India The Geological Survey of India (GSI) is a scientific agency of India. It was founded in 1851, as a Government of India organization under the Ministry of Mines, one of the oldest of such organisations in the world and the second oldest survey ...

Hindustan Petroleum Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas refining company headquartered in Mumbai. Since 2018, ONGC has owned a majority stake in the company. The company is ranked 367th on the ''Fortune Global 500'' list of t ...

Indian Oil Corporation Indian Oil Corporation Limited (IOCL; d/b/a IndianOil) is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. It is a public sector unde ...

Oil & Natural Gas Corporation The Oil and Natural Gas Corporation (ONGC) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the ...

Reliance Industries Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is ...

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard o ...

Steel Authority of India Steel Authority of India Limited (SAIL) is a central public sector undertaking based in New Delhi, India. It is under the ownership of Ministry of Steel, Government of India with an annual turnover of INR 1,03,480 Crore (US$13 billion) for fisc ...

* Taj Cruises *

Tata tea Tata Consumer Products is an Indian fast-moving consumer goods company and a part of the Tata Group. Its registered office is located in Kolkata while its corporate headquarters is in Mumbai. It is the world's second-largest manufacturer and d ...

References

{{authority control 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

History

Services

Major clients

See also

References