Mission
To serve India's overseas and coastal seaborne trade as its primary flag carrier, and be an important player in the field of global maritime transportation, as well as in diverse fields like Offshore and other marine transport infrastructure.

Vision
To emerge as a team of inspired performers in the field of maritime transportation, serving Indian and global trades, with the focus on:

Maintaining its ‘numero uno’ position in Indian shipping.
Establishing a major global presence in energy–related, dry bulk and niche container shipping markets.
Evolving suitable business models to exploit emerging opportunities in the offshore oil sector, port/terminal management, logistics, etc.
Safety of people and property and protection of the environment.

Objectives
The Shipping corporation of India works to fulfil the its objectives as mentioned below:

To provide its clientele safe, reliable, efficient and economic shipping services.
To be an optimally profitable, viable, commercial organization and contribute to the national economy by securing a reasonable return on capital.
To own or acquire through options like leasing, demise charter, joint ventures and other innovative financial measures, an adequate fleet to cater to a significant portion of India's overseas trade, particularly in items of strategic importance like crude oil and petroleum products.
To increasingly participate in India's offshore and other marine activities, and to continue to explore opportunities for diversification to ensure overall and steady growth of the Company.
To develop internal Human Resources with a view to achieving higher productivity.
To initiate e-governance in the working of the Company at the earliest, covering areas such as operations, tendering and purchase through the ‘SET-IT’ project, i.e. SCI’s Enterprise Transformation through Information Technology.