- CEO
- Binesh Kumar Tyagi
- Full Time Employees
- 2,962
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- Shipping House Mumbai MA India 400021
- IPO Date
- Nov 7, 1994
- Business
- The Shipping Corporation of India Limited (SCI) operates as India's largest shipping company and premier flag carrier, owning and managing a diversified fleet that services national and international trades across bulk carriers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, LPG carriers, chemical carriers, offshore supply vessels, and break-bulk vessels; it also provides technical management, manning, and consulting services for government departments and organizations including Oil and Natural Gas Corporation, Indian Oil Corporation, and Bharat Petroleum. SCI conducts operations in three primary segments comprising liner and passenger services with international container and break-bulk routes primarily in the Indian sub-continent, bulk and tanker services encompassing dry bulk, crude oil, clean petroleum products, gas, chemicals, and petrochemicals for global energy and commodity trades, and technical and offshore services featuring specialized vessels such as diving support, geotechnical, and multipurpose support vessels. Founded in 1961 through the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation, SCI maintains headquarters in Mumbai, India, and holds Navratna status conferred by the Government of India in 2008, employing a modern fleet exceeding 60 vessels with approximately 3.5 million deadweight tons that supports India's EXIM trade, coastal logistics, and strategic energy security needs. In recent developments, SCI signed a Memorandum of Understanding in September 2025 with Bharat Petroleum Corporation Ltd., Hindustan Petroleum Corporation Ltd., and Indian Oil Corporation Ltd. to jointly acquire, own, operate, and manage a dedicated fleet for transporting petroleum products, petrochemicals, and hydrocarbon cargoes, aligning with the Atmanirbhar Bharat initiative; the company executed agreements in July and August 2025 to acquire two second-hand very large gas carriers (VLGCs) each with 82,000 cubic meter capacity for delivery in fiscal year 2025-26, enhancing its position in global gas transportation; additionally, SCI pursued bids in October 2025 for second-hand container ships and participates in a government-proposed revival plan involving over 200 new vessel acquisitions.