|Type||Government Owned (BSE:SCI)|
Madame Cama Road,
Mumbai 400 021 India
|Key people||S Hajara (Chairman and Managing Director)|
The Shipping Corporation of India (SCI) (Hindi: भारतीय नौवहन निगम) (BSE: 523598) is a company owned by the Government of India that operates and manages vessels that services both national and international lines.
SCI was established on October 2, 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 83 ships of 4.6 million metric tons deadweight (DWT) with interests in 10 different segments of the shipping trade.
The SCI operates a fleet of 84 vessels (January 2006) totaling 4.93 million DWT. It also manages 53 vessels (January 2006) totaling 63000 DWT on behalf of various Government Departments and other organizations