The 5-year analysis of Shahi Shipping Ltd's performance infers:
We analysed the performance of Shahi Shipping Ltd share prices over the last 10 years. Here is what we found out:
SKS Logistics Ltd. owns a fleet of 30 vessels as of March 2009. Established in 1985 as a partnership firm, the company went public in the year 1990. SKS Logistics is a public limited company mainly engaged in barge operations and port-related activities since its inception.
The company is operating on the west & east coasts of India and is actively involved in port operations such as bunker distribution, transportation of petroleum products & other general cargo and also mooring
The company is operating on the west & east coasts of India and is actively involved in port operations such as bunker distribution, transportation of petroleum products & other general cargo and also mooring & unmooring operations.
The company has grown many folds. Recently the company has established a three storeyed building at Navi Mumbai which is being used as corporate office. The head office is located at South Mumbai business centre and its branch offices at Goa, Surat, Jamnagar, Calcutta, Haldia, Kandla, Dharamtar, Surat etc. and associates in Vishakhapatnam, Cochin & Tuticorin. The company has overseas associates in Singapore & Persian Gulf.
At Mumbai it is handling the complex operation of complete fuel oil distribution of Hindustan Petroleum Corporation for O.N.G.C. under the supervision of their experienced and qualified personnel. On an average they supply fuel to 30 vessels per month at the Nhava jetty. The volume handled per year is on an average 60,000 tons. In addition to the above, it is also having bunkering contract with Indian Oil Corporation of India and it transports & distributes 0.5 million tons of liquid cargo in a year.
In collaboration with Hindustan Petroleum Corporation Ltd., for the first time in India, it has a Floating Fuel Supply Unit commissioned in Mumbai Harbour to meet the fuel requirements of fishing industry and vessels operating in the Mumbai Port area. On an average, it supplies fuel to over 500 trawlers and crafts in a month. This is a unique experiment on Indian ports which is proving very successful.
Besides this, the company is extensively involved in transportation of bulk cargo and containers. In fact, SKS Logistics Ltd. is a pioneer in transhipment in India.
Services offered by the company: