The Shipping Corporation of India (SCI) Stock Overview

The Shipping Corporation of India Limited, a marginal liner shipping company, engages in business of transporting goods in India. It operates through Liner, Bulk, Tanker, and Technical & Offshore segments. The company's fleet includes bulk carriers, crude oil tankers, product tankers, container vessels, LPG/LNG carrier, and offshore supply vessels. Its bulk carriers transport cargos, including iron ore, coal, coke, grain, fertilizer, steel, plywood, bauxite products, etc.; and operates linear and passenger service division comprising container services and marketing, break-bulk, and freight reconciliation dept. The company also provides offshore marine logistics support including towing and anchor handling operations; carriage of men and materials, such as fuel oil, bulk cement and barite, deck cargo, refer cargo, pot water, drill water, etc.; offshore installation; standby and rescue operations; surveillance; and fire fighting duties, as well as engages in operations, manning, maintenance, and management services for well stimulation, geotechnical, offshore supply, and mobile offshore drilling vessels. In addition, it imports and exports in and out of India, which includes shipments of over-dimensional, project, and heavy lift cargoes, as well as IMO class I cargoes and containers; and offers passenger and cargo transportation, and chartering services. Further, the company operates lighterage for crude oil transportation; and provides dry dock cell services, which includes pre dry-docking and post tendering planning, and evaluation and stemming of vessel as per schedule. Additionally, it offers shipbuilding and technical consultancy services including project viability and feasibility, design consultancy, project management, and site supervision services; and maritime training services. The Shipping Corporation of India Limited was incorporated in 1950 and is based in Mumbai, India.