On October 2 1961, The Shipping Corporation of India Ltd. was incorporated by amalgamation of Eastern Shipping Corporation and Western Shipping Corporation as India’s first public sector company in shipping
Jayanti Shipping Company merged with SCI
Diversified into offshore segment, acquired anchor handling cum towing supply vessels or Offshore supply Vessels (OSVs)
Diversified into crude oil transportation
Acquired the first Indian very large crude carrier (VLCC)
SCI forms Irano Hind Shippping Company, a joint venture with the Islamic Republic of Iran Shipping Lines
Mogul Line Ltd. merged with SCI
Set up its own Maritime Training Institute (MTI) in mumbai which is a regional training centre by UNCTAD
MTI commissioned India’s first Global Maritime Distress Safety System (GMDSS) Laboratory
Disinvestment of 18.5% in favour of FIs, Mutual Funds, Banks and FIIs
SCI’s scrip listed on major Indian Stock Exchanges
Second divestment of 1.37% in favour of FIs, Mutual Funds and Banks
Diversification into chemical tankers and
Acquired Cellular Vessels to start
Cellular Container Service
Government of India Conferred ‘Mini Ratna’ status for enhancing the company’s Board powers for capital investment
Diversified into LNG transportation through joint venture companies with consortium partners, Japanese Shipping Lines MOL, NYK and K-Line; Qatar Shipping Company, Qatar Gas Transport Company and Petronet LNG
Acquired the largest ship in India’s registry - Very Large Crude Carrier (VLCC) 316000 DWT
First Indian Shipping company to cross the Rs. 1000 crore mark in Net Profit
Rs. 1000 crore mark crossed in Net Profit for the third consecutive year
Won the ‘Ship Owner Operator of the Year 2007’ Awards at the Sea Trade and Lloyds List ME&I Awards 2007
Signed its biggest ever ship building order with Hyundai of Korea for 4 Aframax Crude Oil Tankers and 2 LR-II size Product Tankers
Completed International Ship & Port Facility Security Code (ISPS) certification of 70 ships well ahead of deadline
Crossed the Rs. 1000 crore mark in Net Orofit yet again
‘Excellent’ rating under MoU system consecutively for 16 years
ISO 9000 certification obtained
Conferred ‘Navratna’ status by the Government of India
Issued Bonus Shares in the ratio 1:2
Commenced independent management of LNG tankers
Awarded the ‘The Safest and Most Environmentally Conscious Indian Shipping Company’ on occasion of world Maritime Day 2009
Compliance with Integrated Management System (IMS)for all ships and establishments (covering Environmental Management System, ISO 14001: 2004, Occupational Health and Safety Assessment System OHSAS 18001: 2007 and Quality Management System QMS 9001:2008) in December 2015.
SCI’s MPSV (multi purpsoe support vessel) “SCI Sabarmati” supports Indian Navy in sea trials of 1st DSRV(Deep Submergence Rescue Vehicle) of India.
In November 2010, Further Public Offer (FPO) through 100% book building process, comprising of a ‘fresh issue’ of 42,345,365 equity shares and an ‘offer for sale’ (OFS) of 42,345,365 equity shares by the President of India. Post the disinvestment, the paid up capital increased to Rs.465.79 crore and the Government’s shareholding in SCI reduced from 80.12% to 63.75%.
In April 2017, the then SCI’s total fleet strength of 70 vessels aggregating to 6.01mndwt. crossed the 6 mn dwt tonnage mark.
SCI expands horizon by entering into technical consultancy service to Govt. Dept. (A&N Administration) for disposal of vessel -m.v.'Akbar'
Technical consultancy to SSNNL(Sardar sarovar Narmada Nigam Ltd.) for running ferry service at the world’s tallest statue- ‘Statue of Unity’.
India - Male Service commenced in September 2021
Launched its Diamond Jubilee Celebrations on the Foundation Day, 2nd October 2021
Global historic event of first ever “All Women Officer Sailing” on M.T. Swarna Krishna on 7th March
Foray into inland waterways - MOU signed by ICSL and IWAI on 22.01.2021 and inland vessels have been taken over by Inland & Coastal Shipping Ltd. (ICSL), 100% subsidiary of SCI.