About SCI

The Shipping Corporation of India was established on October 2nd, 1961, by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. Starting out as a marginal Liner shipping Company with just 19 vessels, the SCI has today evolved into the largest Indian shipping Company. The SCI also has substantial interests in various segments of the shipping trade. SCIs owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, Phosphoric Acid / Chemical carriers, LPG / Ammonia carriers and Offshore Supply Vessels. Sailing through for nearly five decades, the SCI today has a significant presence on the global maritime map. As the countrys premier shipping line, the SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades. In view of the demand from Indian trade, the SCI has diversified into a large number of areas. The SCI is today the only Indian shipping Company operating: break-bulk services, international container services, liquid/dry bulk services, offshore services, passenger services. In addition, the SCI mans and manages a large number of vessels on behalf of various government departments and organizations. The SCI has immensely contributed to the growth of Indias EXIM trade and the national exchequer, by being a net earner/saver of valuable foreign exchange. Over the years, SCI has been a lifeline for the country in times of emergency and distress, by ensuring continued and uninterrupted supply of crude oil, which drives the countrys economy. Liberalization and globalization of the Indian economy has presented the SCI with a suite of growth and diversification opportunities. The SCIs growth has been additionally spurred on by the presence of a modern, young and diversified fleet, operated by a large pool of well trained and experienced manpower, both onshore and at sail.

As a profitable commercial venture of the Government of India, the SCI has an excellent track record of profitability since its inception. The SCIs annual performance has consecutively been rated excellent for a record 18 times, under the Memorandum of Understanding (MoU) signed with the Government of India. The Government of India has conferred Navratna status to SCI on 01.08.2008 enhanced autonomy and delegation of powers to the Company towards capital expenditure, formation of Joint Ventures, mergers, etc. Continued profitability of the SCI is been due to a slew of innovative and timely strategies and measures adopted by the SCI management. Amongst these include, inter alia, judicious and optimal utilization of available tonnage, by deploying it in the most remunerative sectors; commencement of new services in niche markets; identification and expeditious disposal of value destroyers or non-performing assets; forging alliances with leading market players to enhance cargo; availability and apportioning of expenses; and administrative cost cutting. The SCI takes pride in being a responsible and socially committed owner, placing greater emphasis on the safety of life, vessels, cargo and the environment it operates in. Today, the SCI has evolved into a highly quality and safety conscious organization. Not surprisingly, the SCI has received numerous awards and accolades from various national and international organizations for excellence in customer satisfaction, operational efficiencies, human resource training and emergency preparedness. In tune with the global trend for specialization and the premium placed on core competencies, the SCI has charted a definitive course of action for the future. Thrust areas for growth and diversification focus on energy transportation, including a sunrise segment like transportation of LNG and containers. The SCI forays into new thrust areas could either take the form of direct capital investment or by forging strategic and symbiotic alliances with significant market players in the market. The SCI has heralded Indias entry into the specialized field of LNG transportation, by acquiring a stake in the two Indian LNG transportation agreements contracted till date, after a global bidding process. SCI is the only Indian shipping company engaged in transportation of LNG, a vital fuel for Indias power plant and chemical / petrochemical industry. For the same purpose, SCI has formed three Joint Ventures with one vessel each. On two of these LNG vessels, SCI is managing onboard operation and technical management and the remaining vessesl is fully manned by SCI.

The SCI possesses all the ingredients essential for emerging as a truly world class international shipping Company. The endeavour of the management is to facilitate the release of boundless energy and initiative streams, which will be channelled for the growth and prosperity of the Company and the nation.
PROFILE

Corporate Social Responsibility Overview:

SCI, through its corporate policy and philosophy, has committed itself to social responsibility for the benefit of society at large. SCI formulated its CSR Policy on 19 March 2009 and earmarked 1% of Net Profit of preceding year towards CSR. Subsequently, in March 2010, Department of Public Enterprises (DPE) issued Guidelines on Corporate Social Responsibility for Central Public Sector Enterprises. SCI policy on CSR conforms to these guidelines. To avoid resources from spreading thin, SCIs CSR initiatives target specific areas. These are Education Scholarship to meritorious students belonging to SC, ST and OBC categories. Imparting Vocational Training Skill Development Health and Family Welfare Sanitation and Public Health Relief to Victims of Natural Calamities Promotion of Art and Culture

Vision & Mission

Vision :
To be a corporate with its strategies, policies and actions aligned with wider social concerns, through initiatives in education, health, environment and socially relevant matters.

Mission :
SCI aims at spending a defined portion of net profit (1% of net profit after tax) for the betterment of Indian society through: Providing financial and other assistance to students who belong to socially weaker sections Supporting efforts for community health in slums and areas inhabited by weaker sections Supporting the programmes and efforts for environment protection and enhancement Promoting, encouraging and supporting the social and cultural heritage and traditions of our society Taking proactive measures for the well-being of society, as per needs.

Partnership with TISS:

SCI has signed a Memorandum of Understanding (MoU) with TISS on 26.11.2009 for three years of partnership for effective programme design, management and delivery of our CSR. The primary responsibilities of TISS, inter alia, would be identification of potential collaboration (in consultation/concurrence with SCI), implementation, monitoring, and evaluation of CSR initiatives undertaken by SCI.

From the signing of the MoU, SCI has been actively involved with TISS in evaluation, monitoring, implementation, preparation of visit reports and research documentation of the various projects undertaken by SCI.

CSR INITIATIVES- AN OVERVIEW:

1. SCI CSR Scholarship:
SCI has acknowledged the need to support the cause of Maritime Trade by way of supporting Maritime Education in premier institutes of the country. SCI CSR scholarship enables the students from the weaker sections of the society to successfully complete their course as well as earn a sustainable income which secures their future and improves their quality of life in the long run. Subsidization of education expenses has been focused on the students of Indian Institute of Technology (IIT) and Indian Maritime University (IMU) for courses like Marine Engineering, Nautical science, Naval Architecture The entire fee of students belonging to the weaker sections of society in Maritime Training Institute (MTI) is borne by SCI.

2. Vocational Training and infrastructure development in Mumbai Slums

SCI has associated with PATH (Peoples Association for Training and Health) a non-governmental organization (NGO), working in slums of Mumbai since 1987, to provide vocational training and to develop infrastructural for education. SCI has provided a Tailoring Unit to create self employment as well as to the quality of life of the slum dwellers at Jai Hind Nagar, Mankhurd. SCI has supported the project at a cost of Rs. 71,000. SCI has further provided for the renovation of the existing structure to run Balwadi and non formal education centers at Ekta Nagar, Mankhurd for the children from slum regions. Financial support of Rs. 1.5 lakhs was provided for the purpose Both the projects have been successfully executed.

3. Medical Care facilities at Chhatrapati Shivaji Hospital Thane

Municipal Corporation:
SCI has joined hands with the Thane Municipal Corporation (TMC) on 23 September, 2010 for upgrading the existing facility of Neonatal Intensive Care Unit(NICU) from 20 to 30 beds and to establish a separate Paediatric Intensive Care Unit at its Chhatrapati Shivaji Hospital, Kalwa SCI has made a firm commitment of Rs. 53.86 Lakhs to Thane Municipal Corporation for the said project. The project is under implementation by Thane Municipal Corporation (TMC).

4. Pre Primary Education Centres for the children in Mumbai Slums

With a focus on education, SCI in collaboration with Ghar Bachao Ghar Banao Andolan has supported kindergarden schools (jeevanshalas) for children in slum communities at Ambujwadi (Malad Malwani), Mandala (Mankhurd) and Anna Bhau Sathe Nagar (Ghatkopar Mankhurd link road). SCI has committed Rs. 2.4 Lakhs as financial assistance for the said project.

5. Rehabilitation of Flood affected population of Leh and Ladakh

As a part of initiative for rehabilitation of the Flood affected people of Leh and Ladakh region, SCI has supported the construction of 12 expandable prefabricated Shelters at Tura, Leh Ladakh, through Hindustan Prefab Limited, at a cost of Rs. 45 Lakhs

These 12 units in Tura, Leh, have been handed over to concerned beneficiaries by

Local Administration. These beneficiaries are Tsering Dorje, Tsering Palkit, Konchok Chozang, Sonam Norphail, Tsering Mutup, Rigzen Namgail, Tsering Norbu, Sonam Gyalson, Punchok Dolma, Tsewang Norboo, Jigmet Wangdus and Yangchan Dolma.

6. Construction of Flood Protection Bund in Leh District

As a part of initiative for rehabilitation of the Flood affected people of Leh and Ladakh region, SCI has supported the construction of Flood Protection Bund by crate or PCC wall at Nimoo Village, The construction of the Flood Protection Bund is proposed by the LEH Irrigation Flood Control Division in order to restore agricultural land benefiting local populace .The Project will be executed by Irrigation Flood Control Division of Ladakh Autonomous Hill Development Council SCI has made a firm financial commitment of Rs. 60 Lakhs for the purpose.

7. B. Y. L. Nair Ch. Hospital

The Shipping Corporation of India Ltd collaborated with T. N. Medical College and B. Y. L. Nair Ch. Hospital to help them upgrade the existing facility in their Medical Intensive Care Unit (MICU). The MICU caters to a wide range of medical illness ranging from tropical diseases like malaria, leptospirosis, dengue fever and their life threatening complications respiratory ailments, kidney disorders, brain disorders, life threatening cardiac problems, diabetes related complications, pregnancy related complications, complications arising out of sepsis etc. In view of smooth and timely management of such critically ill patients, the Central Cardio Respiratory Monitoring System would be installed in the critical care unit which will benefit patient management and also help reduce mortality (death rate) from present 30- 35% to 20-25% at par with international mortality.

8. Pap Smear Camps in Mumbai Slums

With a focus on health, SCI is organizing 6 Health Camps to sensitize and create

awareness about the prevention, early detection and prompt referral for cervical cancer. The camps are being organized at Avabai Wadia Health Centre, Tilak Nagar (W), Mumbai, in partnership with Family Planning Association of India for the slum communities in and around Govandi, Kurla and Ghatkopar. Financial assistance of Rs. 1.5 Lakhs has been provided for the purpose.

9. Regional Mental Hospital Thane

The Shipping Corporation of India Ltd collaborated with the Regional Mental Hospital, Thane for procurement of Medical Equipments to help them develop in-house capabilities by up gradation of facilities for better patient care. The SCIs collaboration is by way of a firm commitment to TMC for ` 79.7 Lakhs for procurent of various equipments broadly usedfor Diagnostic, Therapeutic and Rehabilitation purposes. This project aims to enhance mental care facilities to both mild and severely ill patients wherein the requirement has been routed through The Director, Department of Health Services, Govt of Maharashtra and the Medical Superinte ndent, Regional Mental Hospital.

10. Nursing Assistant Training to Girls in Backward Areas of Tamilnadu

As a Skill building initiative, SCI in collaboration with Sri Ramakrishna Math, Chennai, has started a project to impart training of Nursing Assistant to girls of backward areas of Tamilnadu. The duration of training is One Year and each batch consists of 30 students (girls). SCI has committed Rs. 4.38 Lakhs as assistance to a batch of 30 students (girls) to start with. The objective of the project is to empower girls by making employable after the completion of the course. The project was launched on 18th November, 2010.