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Shipping Corporation of India inks pact to acquire two second-hand VLGCs

05 Jul 2025 Evaluate

Shipping Corporation of India (SCI) has executed a Memorandum of Agreement (MoA) on July 4, 2025 for the acquisition of two second-hand Very Large Gas Carriers (VLGCs) having a cargo carrying capacity of around 82,000 CBM. These two VLGCs are expected to be inducted into the SCI’s fleet during the current quarter of FY 2025-26.

This agreement is a part of SCI’s business expansion plans and to augment the company’s tonnage capacity.

Shipping Corporation of India possesses all the ingredients essential for emerging as a truly world class international shipping company.


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