A Shipping Corporation of India (SCI) vessel will call at Iran in December after a four-year gap because of sanctions. It will deploy a suezmax for state-refiner Hindustan Petroleum Corp. Other Indian refiners including Bharat Petroleum Corp and Mangalore Refinery and Petrochemicals have also signed deals for Iranian oil.
FlashNews:
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Tag: Shipping Corporation of India
SCI adds 2 ports to Smile service
Shipping Corporation of India (SCI) has enhanced its presence on the Indian coast by adding Kattupalli port in Tamil Nadu and Visakhapatnam port in Andhra Pradesh
Shipping Corp Q4 profit jumps to Rs.102 cr
Shipping Corporation of India (SCI) has reported more than seven-fold jump in net profit at Rs 101.49 crore for the quarter on gains from sale of ships.
Solely responsible
Capt. Anoop Kumar Sharma has taken over as the Whole Time Director & CEO of Essar Shipping Limited (ESL). He has taken over from Ramakrishnan AR, Managing Director, ESL subsequent to his retirement on 31 March 2015.
SCI to buy LPG vessels
The Shipping Corporation of India (SCI), which is returning to profits after three consecutive years of losses, is reviving its ship acquisition plans, though in a small way.
SCI eyes inland waterways business
The Shipping Corporation of India (SCI) is also evaluating prospects of entering inland waterways as the bulk cargo movement beginning through inland waterways from Haldia again after decades. SCI sources said that it is evaluating and keeping a close watch on the business prospects of inland waterways.
Petronet hires 4th LNG ship from Japan shipping firms
India's largest buyer of liquid gas Petronet LNG Ltd has hired a fourth LNG ship from a consortium of State-owned Shipping Corporation of India (SCI) and Japanese lines for $75,000-$80,000 per day.
Freight rates hiked in SCI’s European sector
Government-owned Shipping Corporation of India (SCI) on November 20 announced a freight rate hike of up to $500 for 40-feet containers on the India-Europe sector. SCI is facing pressures on account of fuel price hike, the rupee movement and reduction in traffic due to which it is proposing the hikes to make operations feasible, said SCI.
SCI posts a quarterly loss of Rs 123.63 cr
A net loss of Rs 123.63 crore has been reported by the Shipping Corporation of India (SCI) for the quarter ended September, the company said in a filing to the Bombay Stock Exchange. The loss was mainly due to the high depreciation and interest costs.
SCI to sell supertanker to retain Navratna tag
To reverse its two straight full-year losses and retain its coveted navratna tag, government-owned Shipping Corporation of India (SCI) has put up one of its four oil supertankers for sale.