Essar Shipping
| 200px | |
| Type |
Public (Template:BSE) |
|---|---|
| Industry |
Shipping Ports Logistics |
| Founded | 1945 |
| Headquarters | Mumbai[1] India |
| Key people |
Shashi Ruia (Chairman) Sanjay Mehta (CEO & MD)[2] |
| Revenue | Net profit Indian rupee 107.66 Cr (2008-09) |
| Website | [1] |
Essar Shipping Ltd. now ESSAR SHIPPING PORTS & LOGISTICS LTD is an Indian shipping and logistics corporation with a focus on transportation solutions for the global energy business. The company is a part of Essar Group. It was started in 1945. The company is listed in Bombay Stock Exchange Template:BSE. The company headquarter is located in Mumbai.[3]
The company's fleet handles a daily average of eight million barrels of crude oil, 320,000 barrels of petroleum products and 355,000 tons of dry bulk cargo. Essar Shipping Ports & Logistics Ltd was the first Indian shipping company to obtain the International Safety Management Code (ISM) in 1995 and is also ISO 14001 certified.
Contents
Current operations
Sea Transportation
Company has a diversified fleet of 25 vessels including VLCCs, product tankers and cape-sizes.It provides crude oil and petroleum products transportation, transportation management services and integrated dry bulk transportation services. It has provided service for more than 220 ship years to leading Indian and global oil majorsand commodity traders.
Ports & Terminals
Vadinar (Gujarat, India): A 37 million ton port and terminal facility to provide handling, storage and terminalling services for crude oil and petroleum products to refineries and traders.
Logistics
It provides end-to-end logistics services – from ships to ports, lighterage services to plants, intra-plant logistics and dispatching finished products to the final customer. It owns transhipment assets to provide lighterage support services, onshore & offshore logistics services. It manages a fleet of 4,200 trucks for inland transportation of steel and petroleum products.
Oilfields services
It provides contract drilling and related services to oil and gas companies worldwide, operating both offshore and onshore in diverse countries.It owns a fleet of 14 rigs, which includes 1 semi submersible rig and 13 onshore rigs.
See also
The CEO and Managing Director is Mr. Sanjay Mehta. Mr. Sanjay Mehta has been with Essar Group since 2000 and has been instrumental in making investments decisions for the Ruia family in the Shipping and Logistics sector. Ruia family is one of the top Indian business family with investmens paning across Steel making, Oil&Gas, Telecommunications, Construction and Shipping & Logistics.
External links
References
- The Hindu, Sunday, Oct 03, 2004 - Essar Shipping: Buy, by S. Vaidya Nathan
- CorporateInformation Snapshot of Essar Shipping Limited
- Essar Shipping Q4 net dips to Rs 31 cr
- [3]
- [4]
