Shipping Corporation of India

SCI was established on 2 October 1961 by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Two more shipping companies, Jayanti Shipping Company and Mogul Lines Limited, were merged with SCI in 1973 and 1986 respectively.

SCI started out with 19 vessels. It gradually metamorphosed into a conglomerate having 80 ships of 5.9 million tonnes deadweight (DWT) with interests in different segments of the shipping trade.

SCI was also awarded the prestigious "Navratna" status by Indian Government in 2008.

On the 21st of November 2019, the Government of India approved the privatization of SCI.