Shri Atul Ubale grants extension for post of Director (Finance) till three months
Shri Atul Ubale, Director (Finance) at Shipping Corporation of India, receives an extension from 07.03.2025 to 30.06.2025, pending ACC approval.
Shri Atul Ubale grants extension for post of Director (Finance) till three months
New Delhi: Shri Atul Ubale, Director (Finance), Shipping Corporation of India (SCI) has been granted an extension for his post. The extended tenure is from 07.03.2025 to 30.06.2025 or until further orders, whichever is earlier, and is subject to the approval of ACC.
He took charge as Director (Bulk Carrier & Tanker Division) with effect from 05th December 2019. Besides, he is also holding an additional charge as director (finance) of SCI with effect from 07.03.2024 till date.
In addition to the above, he was holding charge as Director (Finance) of SCILAL w.e.f. 07.03.2024 till 24.02.2025. He is also holding charge as Director of SCI Bharat IFSC Limited (a wholly owned subsidiary of SCI) w.e.f. 12.08.2024.
Shri Ubale is an alumnus of Mumbai University, holding a Bachelor of Commerce degree and a postgraduate master’s degree in management studies.
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In a career spanning over 3 decades endowed with rich and vast experience in various facets of core shipping activities, he has served and held vital positions in the Technical & Offshore Services Division, handling O&M Offshore Contracts, indigenising the Indian offshore industry, ship acquisitions/shipbuilding contracts for augmenting Indian tonnage; and in the Bulk Carrier and Tanker Division – overseeing chartering and commercial operations of bulk carriers and tankers meeting the ever-growing and diverse needs of the Indian oil industry.
Shri Ubale, with his hands-on experience, commercial acumen, and intimate knowledge of all types of chartering in various market segments, including bulk carriers, tankers, gas carriers, container ships, passenger vessels, tugs, etc., is a highly regarded and well-known personality in the domestic as well as international chartering market.
He has been instrumental in evolving innovative and sustainable strategies for gainfully employing SCI's vast fleet featuring, in-chartering/out-chartering fixtures, various types of Contracts of Affreightments (COAs) & pool arrangements and also has been at the forefront of conceptualising and securing highly remunerative and innovative long-term charters for SCI's fleet.
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