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Varun Shipping Company applies for fresh licence to DGS

15 Mar 2014 Evaluate

Varun Shipping Company (VSCL) has applied for a fresh licence in the name of Varun Global to India’s maritime regulator Directorate General of Shipping (DGS) to operate ships under a new entity after its earlier licence was annulled last week due to lapses.

Varun Shipping Company (VSCL) was incorporated on January 29, 1971. Later on February 18, 1972 it was converted into a public company. The company started its operation in 1973 by acquiring one product tanker. The company’s corporate headquarters and registered office are located in Mumbai.

Peers
Company Name CMP
Shipping Corpn. 305.85
GE Shipping 1425.30
Dredging Corp 976.65
Seamec 1556.00
Shreeji Ship.Global 377.10
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