UPDATE: According to tracking data gathered by Windward Maritime Analytics Services Company, the Desh Shanti is underway again and steaming toward the Strait of Hormuz. By Nidhi Verma NEW DELHI,...

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian company crimped the entity’s ability to...

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. Ltd., China. These vessels were ordered...

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance Corp. offering reinsurance, two people with knowledge of the...

SINGAPORE (Dow Jones)–Shipping Corp. of India Ltd. (523598.BY), India’s largest shipping company by fleet size, doesn’t expect any significant impact on its financial performance this fiscal year due to restricted...

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

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 year which starts April 1,...

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 shipper’s inability to get insurance coverage in time,...