Shipping Corporation of India Delivers MV Devprayag to Its Buyer

Business & Finance

 

The 47,349 DWT Handymax Bulk Carrier ‘mv Devprayag’, owned by the Shipping Corporation of India (SCI), has been sold. The buyer will undertake its physical delivery.

The company had recently handed physical delivery of its bulk carrier ‘mv Rishikesh’, a Handymax Bulk Carrier built in 1986 with DWT 47318.8 MT capacity, to its buyer.

The Shipping Corporation of India (SCI) is a company owned by the Government of India based out of Mumbai that operates and manages vessels that services both national and international lines. Starting out as a marginal Liner shipping Company with just 19 vessels, the SCI has today evolved into the largest Indian shipping Company. The SCI also has substantial interests in various segments of the shipping trade. SCI’s owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, Phosphoric Acid / Chemical carriers, LPG / Ammonia carriers and Offshore Supply Vessels. Sailing through for nearly five decades, the SCI today has a significant presence on the global maritime map.

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World Maritime News Staff, December 30, 2011;