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Shipping Companies
As on April 1, 2001, there existed 122 operating shipping companies in India including the Shipping Corporation of India. The Shipping Corporation of India is a public sector undertaking.
Shipping Corporation of India – the biggest shipping line of the country had a merchant fleet of 95 vessels and operate on almost all maritime routes. Its tonnage account for about 40 per cent of the total Indian tonnage.
Major private sector shipping companies which own one lakh or more GRT are:
(i) Great Eastern Shipping compay Limited, (ii) Essar Shipping Company Limited, (iii) Chowgule Stemship Limited, (iv) Varun Shipping Compay Limited & (1.79 lakh GRT), (v) Sanmar Shipping (1.70 lakh GRT), (vi) South India Shipping Company Linited & Surrendra Overseas Limited (1.30 lakh GRT), (vii) Tolani Shipping Company (1.16 lakh GRT), and (viii) Century Shipping (1.12 lakh GRT).
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