The Shipping Corporation of India Ltd.

The Shipping Corporation of India Ltd. (SCI) is an India-based shipping company. SCI's Bulk Carrier and Tanker Division (B&T) operates a fleet of vessels designed to carry dry, liquid and liquefied gaseous bulk cargoes. The division includes three segments: bulk carriers, tankers and specialized vessels. The Technical and Offshore Services (T&OS) Division of SCI provides technical and offshore services. During the fiscal year ended March 31, 2008 (fiscal 2008), the Company owned 20 bulk carriers comprising 15 Handymax and five Handysize vehicles. During fiscal 2008, the Company’s fleet included 79 ships.