SCINSEShipping Corporation Of India Limited· ShippingHighPositive
Announced Thu, 14 Aug · 14:43 IST

Shipping Corporation Of India Limited has informed the Exchange regarding 'Delivery of 1 No. 53,999 DWT VLGC "SAHYADRI '.

Capex & Operations View source PDF

SCI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shipping Corporation of India (SCI) has taken physical delivery of a secondhand Very Large Gas Carrier (VLGC) named 'SAHYADRI' with 53,999 Deadweight Tonnage (DWT) and 47,058 Gross Tonnage (GT) capacity. The vessel was formally handed over on 14th August 2025 at 1230 hrs IST, following an earlier intimation dated 4th July 2025. This adds a new specialized LPG (liquefied petroleum gas) carrier to SCI's fleet, expanding its capability in the gas shipping segment. The vessel was acquired as a secondhand purchase rather than a new build.

Likely market impact

This fleet addition strengthens SCI's presence in the VLGC segment and may support incremental revenue from LPG transportation. However, the cost of the vessel and its impact on the company's financials have not been disclosed in this filing, so shareholders may want to watch for further details on the acquisition price and financing.