SCI

News

Iran Detains Tanker Carrying Iraqi Crude To India [UPDATE]

UPDATE: According to tracking data gathered by Windward Maritime Analytics Services Company, the Desh Shanti is underway again and steaming toward the Strait

News

Ties are Cut as India’s Joint Venture With Iranian Shipping Company Gets Strangled

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

News

STX Dalian Delivers Panamax Bulker to SCI, More on the Way

The first of four Panamax bulk carriers ordered by the Shipping Corporation of India Ltd. (SCI) were delivered last Friday by STX (Dalian) Shipbuilding Co.

News

Iranian Oil Breaks the Gauntlet with Indian Tankers, and Insurance

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

News

Iranian Crude is Still Finding its Way to India, SCI Largely Unaffected by Sanctions

SINGAPORE (Dow Jones)–Shipping Corp. of India Ltd. (523598.BY), India’s largest shipping company by fleet size, doesn’t expect any

Engineering News

Cochin Shipyard Delivers Anchor Handler to Shipping Corp of India

The Shipping Corporation of India Ltd. (SCI) accepted delivery of an Anchor Handling, Towing & Supply (AHTS) vessel MV SCI Kundan on 3 April 2012.  

Finance

Shipping Corp of India Seeks $500 Million in Loans for More Ships

MUMBAI (Dow Jones)–The Shipping Corp. of India Ltd. (523598.BY) plans to raise up to $500 million in dollar loans from banks overseas in the financial

News

Shipping Corp. of India Loses Iranian Oil Shipment Due to Insurance Coverage

MUMBAI (Dow Jones)–Indian Oil Corp. (530965.BY) has canceled an Iran spot shipment contract with Shipping Corp. of India (523598.BY) because of the