SHIPPING CORPORATION OF INDIA: JOINT VENTURES

 

  • SHIPPING CORPORATION OF INDIA: JOINT VENTURES
  • (i) India LNG Transport Co. (No.1), (No.2) and (No.3) Ltd SCI has entered into three JVCs, registered in Malta, with three Japanese Companies viz. Mitsui O.S.K.Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha Ltd (K Line) along with Qatar Shipping Company (Q Ship) in case of ILT No. 1 & 2 and Qatar Gas Transport Company (QGTC) in case of ILT No. 3, each owning and operating an LNG tanker deployed in the import of a total of 7.5 million metric ton per annum of LNG for the Dahej Terminal of M/s Petronet LNG Ltd (PLL).
  •  SCI is the first and only Indian company to enter into the high-technology oriented & sunrise sector of LNG
  • SCI is the manager for these three companies, managing the techno-commercial operations of 3 LNG tankers. 
  • (ii) India LNG Transport Co. No. 4 Pvt Ltd SCI has entered into 4th JV registered in Singapore, with the same three Japanese companies viz. Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha Ltd (K Line) and Petronet LNG Ltd to own and operate one 173,000 CBM LNG Tanker for transporting LNG primarily from Gorgon, Australia to India and Far East region for charterers Exxon Mobil LNG Services B.V.
  • SCI is the manager for this company and is managing the techno-commercial operations of the tanker.  

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