The Shipping Corporation of India (SCI) is a government corporation 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, ...

, 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 secon ...

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 Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** ...

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 e ...

(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 separatists in Ukraine) and Ukraine since February 2014. Following Ukraine's Rev ...

Services

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

Major clients

* Bharat Heavy Electricals *

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 ...

* 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. Servi ...

* Geological Survey of India *

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 o ...

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 un ...

* Oil & Natural Gas Corporation *

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. Relian ...

* Shell * Steel Authority of India *

Taj Cruises Taj may refer to: Buildings *Taj Mahal, a medieval mausoleum in the Indian city of Agra *Taj Palace, an Abbasid palace in medieval Baghdad * Taj-ul-Masajid, mosque in Bhopal * Taj building, Nowshera, Pakistan *Taj Hotels Resorts and Palaces, int ...

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 di ...

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