The Shipping Corporation of India was established on October 2nd, 1961, by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Starting out as a marginal Liner shipping Company with just 19 vessels, the SCI has today evolved into the largest Indian shipping Company. The SCI also has substantial interests in various segments of the shipping trade. SCI’s owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, Phosphoric Acid / Chemical carriers, LPG / Ammonia carriers and Offshore Supply Vessels. Sailing through for nearly five decades, the SCI today has a significant presence on the global maritime map. As the country’s premier shipping line, the SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.

In view of the demand from Indian trade, the SCI has diversified into a large number of areas. The SCI is today the only Indian shipping Company operating: break-bulk services, international container services, liquid/dry bulk services, offshore services, passenger services. In addition, the SCI mans and manages a large number of vessels on behalf of various government departments and organizations. The Government of India has conferred “Navratna” status to SCI on 01.08.2008 - enhanced autonomy and delegation of powers to the Company towards capital expenditure, formation of Joint Ventures, mergers, etc.

Business area of the company

The SCI possesses all the ingredients essential for emerging as a truly world class international shipping Company. The endeavour of the management is to facilitate the release of boundless energy and initiative streams, which will be channelled for the growth and prosperity of the Company and the nation.

Services

• Tankers
• Bulk Carriers
• Container
• Offshore
• Break Bulk
• Coastal & Passenger Services
• Chartering
• Lighterage
• Dry Docking
• Shipbuilding Consultancy

Awards

• 1993: Partnership-Cooperation-Growth
• 2005: Sign of Honour
• 2007: KEIC Export Credit Facility
• 2010: Sole Underwriter & Mandated Lead Arranger
• 2011: International Maritime Offshore Logistics
• 2011: Platinum Award
• 2011: The Tanker Operator Award
• 2011: The Education & Training Award
• 2011: The Corporate Social Responsibility Award
• 2012: Plaque of Appreciation
• 2012: Western India Regional Council Award
• 2012: BHP Award
• 2012: NIPM National Award for best HR Practices
• 2013: The Gateway Awards
• 2013: Charter Agreement
• 2013: Institute of Shipping
• 2013: Appreciation Award
• 2014: The Gateway Awards
• 2014: CMA CFO Award
• 2014: Maritime Training Institute of SCI, Mumbai
• 2014: Port Container Terminal Award
• 2014: Organization with Innovative HR Practices
• 2015: Samundra Manthan Award
• 2015: Most Influential CFOs of India Awards
• 2015: Samundra Manthan Award
• 2015: Samundra Manthan Award
• 2015: Cricket Match - Winner SCI vs CMT
• 2015: Silver Award
• 2015: Tennis Cricket Tournament Award
• 2016: 53rd National Martime Day
• 2016: Geological Survey of India
• 2016: O&M Contract Award
• 2016: 53rd National Martime Day
• 2016: CFO Award for Excellence
• 2016: GRE champion
• 2016: India CFO Award
• 2016: Most Influential CFOs of India Awards
• 2016: Institute of Public Enterprises - Women Super Achievers Award to Mrs. Sashikala Charles
• 2016: Most Compassionate Employer of Indian SEAFARERS Award
• 2016: 53rd National Martime Day
• 2016: 53rd National Martime Day
• 2017: India Seatrade Award
• 2017: Most Caring Award
• 2017: Guest of Honor Award
• 2018: Rolling Trophy for good governance
• 2018: Best Woman Employee
• 2018: Western India Regional Council Award
• 2018: India Maritime Awards
• 2018: India Maritime Award
• 2018: Cricket Match - Winner SCI vs CMT
• 2020: WISTA India Personality of the Year 2020 award - Mrs. H.K. Joshi, CMD, SCI
• 2020: Diversity & Equality Award - Seatrade Maritime Awards Middle East, Indian Subcontinent & Africa
• 2020: SKOCH Award - Environment and Sustainability
• 2020: MaritimeSheEO2020-‘Best Practices in Diversity’
• 2020: TMSA- The Shipping Company of the Year
• 2020: Nautical Institute, London - Certificate of appreciation for Rescue Mission
• 2020: Nautical Institute, London - Crew Management during Pandemic -Certificate of Appreciation
• 2020: The National Union of Seafarers of India (NUSI)- highest number of women seafarers on Merchant Navy
• 2020: WIPS - Life Time Achievers Award, 2020 - Mrs. M.Shetty,CM
• 2020: WIPS - Best Enterprise Award
• 2020: CEO with HR Orientation - Mrs. H. K. Joshi, CMD-SCI
• 2020: World HRD Congress 2020

Milestones

• 1961: On October 2, The Shipping Corporation of India was incorporated by amalgamation of Eastern Shipping Corporation and Western Shipping Corporation as India’s first public sector company in shipping
• 1964: Diversified into crude oil transportation
• 1973: Jayanti Shipping Company merged with SCI
• 1975: Acquired the first Indian very large crude carrier (VLCC)
• 1975: SCI forms Irano Hind Shippping Company, a joint venture with the Islamic Republic of Iran Shipping Lines
• 1984: Diversified into offshore segment, acquired anchor handling cum towing supply vessels or Offshore supply Vessels (OSVs)
• 1986: Mogul Line Ltd. merged with SCI
• 1987: Set up its own Maritime Training Institute (MTI) in mumbai which is a regional training centre by UNCTAD
• 1987: MTI commissioned India’s first Global Maritime Distress Safety System (GMDSS) Laboratory
• 1991: Diversification into chemical tankers and cryogenic operations
• 1992: Disinvestment of 18.5% in favour of FIs, Mutual Funds, Banks and FIIs
• 1992: SCI’s scrip listed on major Indian Stock Exchanges
• 1993: Acquired Cellular Vessels to start Cellular Container Service
• 1994: Second divestment of 1.37% in favour of FIs, Mutual Funds and Banks
• 2000: Government of India Conferred ‘Mini Ratna’ status for enhancing the company’s Board powers for capital investment
• 2001: Diversified into LNG transportation through joint venture companies with consortium partners, Japanese Shipping Lines MOL, NYK and K-Line; Qatar Shipping Company, Qatar Gas Transport Company and Petronet LNG
• 2004: Completed International Ship & Port Facility Security Code (ISPS) certification of 70 ships well ahead of deadline
• 2005: Acquired the largest ship in India’s registry - Very Large Crude Carrier (VLCC) 316000 DWT
• 2005: First Indian Shipping company to cross the Rs. 1000 crore mark in Net Profit
• 2006: Crossed the Rs. 1000 crore mark in Net Orofit yet again
• 2006: ‘Excellent’ rating under MoU system consecutively for 16 years
• 2007: Rs. 1000 crore mark crossed in Net Profit for the third consecutive year
• 2007: Won the ‘Ship Owner Operator of the Year 2007’ Awards at the Sea Trade and Lloyds List ME&I Awards 2007
• 2007: Signed its biggest ever ship building order with Hyundai of Korea for 4 Aframax Crude Oil Tankers and 2 LR-II size Product Tankers
• 2008: ISO 9000 certification obtained
• 2008: Conferred ‘Navratna’ status by the Government of India
• 2008: Issued Bonus Shares in the ratio 1:2
• 2009: Commenced independent management of LNG tankers
• 2009: Awarded the ‘The Safest and Most Environmentally Conscious Indian Shipping Company’ on occasion of world Maritime Day 2009
• 2010: In November 2010, Further Public Offer (FPO) through 100% book building process, comprising of a ‘fresh issue’ of 42,345,365 equity shares and an ‘offer for sale’ (OFS) of 42,345,365 equity shares by the President of India.  Post the disinvestment, the paid up capital increased to Rs.465.79 crore and the Government’s shareholding in SCI reduced from 80.12% to 63.75%.
• 2015: Compliance with Integrated Management System (IMS)for all ships and establishments (covering Environmental Management System, ISO 14001: 2004, Occupational Health and Safety Assessment System OHSAS 18001: 2007 and Quality Management System QMS 9001:2008) in December 2015.
• 2017: In April 2017, the then SCI’s total fleet strength of 70 vessels aggregating to 6.01mndwt. crossed the 6 mn dwt tonnage mark.
• 2018: SCI’s MPSV (multi purpsoe support vessel) “SCI Sabarmati” supports Indian Navy in sea trials of 1st DSRV(Deep Submergence Rescue Vehicle) of India.
• 2019: SCI expands horizon by entering into technical consultancy service to Govt. Dept. (A&N Administration) for disposal of vessel -m.v.'Akbar'
• 2019: Technical consultancy to SSNNL(Sardar sarovar Narmada Nigam Ltd.) for running ferry service at the world’s tallest statue- ‘Statue of Unity’.
• 2020: SCI recognized by the NUSI for employing the highest number of women seafarers in Merchant Navy