SCI Breaks 6 Mn Deadweight Mark with BW’s VLGC

Business & Finance

The Shipping Corporation of India Ltd (SCI)  has taken delivery of a 2001- built second-hand very large gas carrier (VLGC), the largest in its gas carrier fleet.

The 82,488-cbm ship BW Vision, now renamed to Nanda Devi, was previously owned by Singapore’s BW LPG, part of BW Group.

According to Capt. Anoop Kumar Sharma, C&MD, SCI, with the addition of VLGC Nanda Devi, SCI has become a six-million deadweight company.

“SCI is the first and only Indian shipping company to reach this milestone,” he added.

At 53,503 deadweight, Nanda Devi has a gross tonnage of 46,506 and complies with the latest and most stringent international regulations.

The ship, built by Japanese Kawasaki Heavy Industries, is valued at USD 33.2 million, based on VesselsValue’s estimation.

As pointed out by SCI, the acquisition of the gas carrier is expected to further strengthen SCI’s position in the energy transportation sector.

SCI’s total fleet strength stands at 70 vessels totaling in 6.01 million DWT and gross tonnage of 3.35 million. In addition, SCI also manages 53 vessels (0.55 million GT and 0.39 million DWT).