- Each Vessel to Add 82,000 CBM Capacity to SCI Fleet.
- VLGCs Expected to Join SCI Fleet in Q1 FY 2025–26.
- SCI Aims to Boost Tonnage and Global Gas Transport Presence.
The Shipping Corporation of India Ltd. (SCI) has officially signed a Memorandum of Agreement (MoA) to purchase two second-hand Very Large Gas Carriers (VLGCs), each boasting a cargo capacity of around 82,000 CBM. This agreement was finalised on July 4, 2025, as part of SCI’s strategic initiative to bolster its fleet for the financial year 2025–26, reports PSU Connect.
Fleet Induction Expected This Quarter
As per SCI’s official announcement under Regulation 30 of SEBI (LODR) Regulations, 2015, these vessels are anticipated to join the fleet within the current quarter of FY 2025–26.
Strengthening Global Presence
This acquisition is designed to boost SCI’s overall tonnage and strengthen its foothold in the global gas transportation market.
Regulatory Disclosure Details
The transaction was logged at 17:59 hours on July 4, 2025, and Smt signed the disclosure. Swapnita Vikas Yadav is the Company Secretary and Compliance Officer of SCI.
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Source: PSU Connect
