Golden Jubilee Celebrations of Shipping Corporation of India

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Sep 2010

The Shipping Corporation of India Ltd. (SCI), a Navratna PSU, established on October 2, 1961 is completing its Golden Jubilee on October 2, 2011. The Golden Jubilee celebrations will be inaugurated by the President of India, Smt. Pratibha Devisingh Patil on 2 October, 2010.
Shri Pranab Mukherjee, Union Minister of Finance and Shri Murli Deora, Union Minister of Petroleum & Natural Gas are expected to be present on the occasion. Shri G.K. Vasan, Union Minister of Shipping and Shri Mukul Roy, Union Minister of State for Shipping will also grace the occasion.
SCI was established by the Government of India with an objective to serve India's exim and coastal seaborne trade. Starting as a liner shipping company owning barely a fleet of 0.2 million DWT, SCI has come a long way and has now emerged as the largest Indian shipping company owning a truly diversified fleet of more than 5 million DWT representing more than one third of India's total tonnage. Recognizing the efficiency and financial performance of SCI, the Government of India conferred the coveted Navratna status on SCI on August 1, 2008.

Source: PIB