The Shipping Corporation of India (SCI) on October 10 accepted delivery of a medium-range (MR) product tanker, m.t. Swarna Kalash, Exim News Service reported.
Delivery of the vessel was taken by Mr Umesh C. Grover, Director (T&OS), SCI.
This is the first large commercial vessel acquired by any Indian shipping company from China, which has emerged as one of the largest shipbuilding nations. The vessel is the first of SCI’s two MR product tankers which were being constructed at Jinling Shipyard, a shipyard of repute in China.
Orders for these vessels were placed in December 2006 and the second vessel, i.e. Swarna Pushp, is scheduled for delivery to SCI in January 2010.
The vessel has a gross tonnage of 29,845 tonnes and deadweight of 47,878 tonnes. It has been classed with LRS and IRS and built to comply with the latest and most stringent international regulations.
This is the first SCI ship which has been assigned a special ‘Green Passport’ notation, a safe and environmentally-sound approach from the building stage to recycling.
India is heavily dependent on the import of crude oil and transportation of petroleum products along the coast. Having product tankers under the Indian flag provides vital energy security to the country. Energy transportation has remained the core business segment for SCI and the induction of this vessel into the SCI’s fleet is expected to strengthen its position in the energy transportation sector.
SCI has a fleet of 79 vessels at present and the acquisition of the vessel is in line with its strategy of maintaining a modern and young fleet. The company has 31 vessels on order and has an ambitious plan to order an additional 38 ships over 2-3 years.