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SCI News

Shipping Corporation of India Disinvestment

08 May 2022

Centre to invite financial bids for SCI sale by September

Centre is hiving off Shipping House and the training institute and some other non-core assets of SCI. The SCI board in August last year had approved a demerger scheme.

20 Nov 2019

Union Cabinet approves disinvestment in BPCL, SCI and 3 other blue-chip PSUs

Addressing a press conference after a Union Cabinet meeting in Delhi, Finance Minister Nirmala Sitharaman said that the Centre has decided to sell its 53.29% stake in BPCL but the control of Numaligarh refinery in Assam will remain with the government.

20 Nov 2019

RTI Activist Asad Patel exposes the collusion scam by SCI and J. M. Baxi & Co.'s officers

Another scam has been exposed in India. The RTI Activist Asad Patel has exposed the collusion scam by Shipping Corporation of India and J. M. Baxi & Co.'s officers. The complaint has been filed against them. Asad Patel claimed, 'without collection the bills by the SCI from the J. M. Baxi company, Advance payment worth lakhs has been done'. Watch this complete video to find out more in detail.

Shipping Corporation of India

22 Nov 2017

SCI vessel sinks off Mumbai coast, no casualties

An offshore supply vessel of the state-run Shipping Corporation of India (SCI) sunk off the Mumbai coast last evening, officials said.

Shipping Coporation of India

20 Mar 2016

SCI cautious, plans only Rs 700 crore capex in FY'17

The LNG project is the USD 1.2-billion order from state-owned GAIL for chartering nine LNG vessels.

22 Dec 2015

GAIL extends bidding deadline for USD 7-billion LNG carriers

State gas utility GAIL India has extended last date of bidding for its USD-7 billion tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialised vessels.

04 Oct 2015

Shipping Corporation of India hints at upside to JV with Iran after lifting of sanctions

Shipping Corporation of India is actively considering reviving the joint venture Irano-Hind Shipping Company with Iran keeping the strategic interests in mind, as the big five world powers have eased economic sanctions on Tehran.

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