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SCI Orders New Cellular Container Vessel

Maritime Activity Reports, Inc.

July 18, 2011

The Shipping Corporation of India Ltd. (SCI) continues to modernize its fleet by acquiring new vessels. On July 14, SCI placed an order for a Cellular Container vessel of 3,500 TEU capacity, with M/s Rongcheng Shenfei Shipbuilding Co. Ltd., China. The shipyard was selected for building the vessel through competitive global tendering process.

The vessel would be built to specifications complying with the latest international and national rules and regulations. This ordered vessel will be equipped with Ballast Water Treatment Plant & camless electronic Main Engines.

This container vessel should be delivered to SCI in early 2013. SCI presently operates 5 container services in the Indian, European, Middle Eastern and Mediterranean sectors. These services are operated in consortium with reputed international container service operators by deploying the existing 5 container vessels of SCI and supplemented by in-chartered vessels. The vessel is expected to reduce SCI’s dependence on the in-chartered tonnage thereby safeguarding it from the vagaries of the charter markets.

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