Shipping Corporation of India News

Centre is hiving off Shipping House and the training institute and some other non-core assets of SCI. The SCI board in August last year had approved a demerger scheme.

RTI activist Asad Patel has filed a complaint against the officials of Shipping Corporation of India (SCI) and JM Baxi and Company, which is one of the biggest firms in the shipping services sector. The complaint was sent to the Shipping Corporation's Director of Grievances on November 11, accusing the SCI of misappropriation of money and lack of transparency in its conduct.

An offshore supply vessel of the state-run Shipping Corporation of India (SCI) sunk off the Mumbai coast last evening, officials said.

The Indian Coast Guard lived up to their motto: 'Vayam Rakshamah'.

State gas utility GAIL India has extended last date of bidding for its USD-7 billion tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialised vessels.

Shipping Corporation of India is actively considering reviving the joint venture Irano-Hind Shipping Company with Iran keeping the strategic interests in mind, as the big five world powers have eased economic sanctions on Tehran.

Shipping Corporation of India and GAIL (India) Limited are currently in discussion to forge a tie-up under which the latter will acquire nine LNG ships with almost USD 3 billion and the former will run them, a senior official of the SCI said.