Shipping corporation gets gas carrier vessel -Governance Now

Shipping corporation gets gas carrier vessel

SCI’s total fleet strength stands at 70 vessels

GN Bureau | September 26, 2017

#PSU #Shipping Corporation #gas carrier

Shipping Corporation of India Ltd (SCI) has taken delivery of a 2001 Japanese built second hand Very Large Gas Carrier (VLGC) on September 14 at Khor Fakkan in UAE. It has been renamed as Nanda Devi.

The corporation’s total fleet strength stands at 70 vessels, aggregating to deadweight of 6.01 million tonnes and gross tonnage of 3.35 million. Besides, SCI also manages 53 vessels.

VLGC Nanda Devi, at 53,503 tonnes deadweight, is now the largest vessel in SCI’s fleet of gas carriers which has a gross tonnage of 46,506 and complies with the latest and most stringent international regulations.

Energy transportation continues to remain the core business segment for the shipping corporation. The acquisition of Nanda Devi is expected to further strengthen SCI’s position in the energy transportation sector.

SCI, CMD, Capt. Anoop Kumar Sharma said that he was delighted to announce that with the induction of VLGC Nanda Devi, SCI has now become a six million deadweight company. SCI is the first and only Indian shipping company to reach this milestone, he said.

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