Shipping Corporation of India (SCI), under the Ministry of Shipping, is all set to acquire two Anchor Handling Towing and Supply Vessels (AHTSVs) of 120T Bollard Pull capacity each. These vessels were earlier contracted by a Norwegian ship-owner and are in advance stage of construction and will now be delivered to SCI in July 2011 and September, 2011.
However, the contracts were terminated by the owners in January, 2011. Later SCI signed the shipbuilding contracts with Cochin Shipyard in February, 2011 at New Delhi.
Recently, the company took the physical delivery of its Aframax size Tanker named 'm.t. Desh Samman' of 114683 DWT (Dead Weight Ton) capacity.
The company reported an increase of 40.74% in net profit to Rs 123.06 crore for the quarter ended December 2010 compared to Rs 87.44 crore in the same quarter last year. Total income for the quarter surged marginally by 3.77% to Rs 1019.31 crore compared to Rs 982.24 crore in the same quarter last year.
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