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China Shipyard Delivers Panamax Bulker to SCI

Maritime Activity Reports, Inc.

October 29, 2012

The Shipping Corporation of India Ltd. (SCI) accepts bulk carrier 'Vishva Vijay' from STX Shipbuilding, Dalian, China.

The vessel is the third in a series of four Panamax bulk carriers ordered by SCI from STX (Dalian) Shipbuilding Co. Ltd., China.

These vessels are of higher capacity, over 80,000 dwt each, compared with conventional Panamax vessels which are of about 75,000 dwt. MV Vishva Vijay has a gross tonnage of 44,010 tonnes and deadweight of 80,312 tonnes.

The new ship is dually classed with LR and IRS and has been built to comply with the latest and most stringent international regulations.

As a National carrier, SCI has been aiming to increase its presence in India’s ever increasing dry bulk trade and strengthening the bulk carrier fleet would help SCI contribute to that growth. With the addition of this new ship, SCI’s fleet strength stands at 79 vessels of 5.77-million dwt.

SCI has 20 vessels on order at present out of which 5 vessels are scheduled for delivery by the end of 2012.

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