The Shipping Corporation of India Limited (SCI.NS)

221.40 -6.45 (-2.83%) At close: 03:30PM IST

The Shipping Corporation of India Limited

Shipping House
245, Madame Cama Road
Mumbai 400021
India
91 22 2202 6666
https://www.shipindia.com

Sector(s): Industrials
Industry: Marine Shipping
Full-time employees: 1,419

Key executives

Name	Title	Pay	Exercised	Year born
Captain Binesh Kumar Tyagi	Chairman & MD	6.49M	N/A	1970
Mr. N. Subramanya Prakash	GM of Finance & Accounts and CFO	5.1M	N/A	N/A
Mr. Vikram Dingley	Director of Technical & Offshore Services and Director	6.57M	N/A	N/A
Ms. Swapnita Vikas Yadav	Company Secretary & Compliance Officer	3.4M	N/A	N/A
Mr. Atul Laxman Ubale	Director of Finance, Director of Bulk Carrier & Tanker & Director	7.32M	N/A	1965
Mr. Manjit Darshansingh Singh Saini	Director of Personnel & Administration and Whole-time Director	N/A	N/A	1965
Mr. J. Murugadas	HOD of IT	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

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.

Corporate governance

The Shipping Corporation of India Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.