Puneet Varma (Editor)

Essar Shipping

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Type
  
Public company

Headquarters
  
Mumbai

Website
  
essar.com

Founded
  
1945


Traded as
  
BSE: 500630 NSE: ESSARPORTS

Industry
  
Shipping Ports Logistics

Key people
  
Shashi Ruia (Chairman) Sanjay Mehta (CEO & MD)

Revenue
  
₹12.15 billion (US$180 million) (2010-2011)

Stock price
  
ESSARSHPNG (NSE) ₹ 28.75 +0.55 (+1.95%)7 Mar, 3:30 PM IST - Disclaimer

Parent organizations
  
Essar Group, Essar Shipping and Logistics Limited

Subsidiaries
  
TAG Offshore Ltd., Essar Oilfields Services Limited, Arkay Logistics Limited, Essar Capital (Mauritius) Limited

Waste management at essar shipping


Essar Shipping Ltd. now Essar Shipping Ports & Logistics Limited is an Indian shipping corporation for the global energy business. The company is a part of Essar Group. It was started in 1945 and incorporated in 2010. The company is listed in Bombay Stock Exchange BSE: 500630. The company headquarters is located in Mumbai.

Contents

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. The company currently has a fleet of 26 vessels, with an additional 12 new ships on order. It provides contract drilling services to global oil majors, with a fleet of 13 onshore rigs and one semi-submersible offshore rig; two new jack-up rigs on order. 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.. The company has proposed to maximise the fleet in 2017-18 by adding new VLCCs & ULCCs.

Essar shipping announces q2 fy14 results


Sea transportation

Company has a diversified fleet of 26 vessels including VLCCs, Capesize, Mini-capesize, Supramaxes, mini-bulk carriers & tugs.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 Indian and global oil majorsand commodity traders.

  • Provides crude oil and product transportation services
  • More than 225 ship years of service to leading Indian and global oil majors and commodity traders; tonnage presently stands at 2 million tonnes
  • Ports and terminals

    Vadinar (Gujarat, India): A 37 million ton port and terminal facility to provide handling, storage and terminaling 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.

  • Owns transhipment assets to provide lighterage support services, onshore & offshore logistics services
  • Manages a fleet of 4,200 trucks for inland transportation of steel and petroleum product
  • Oilfields services

    Provides contract drilling and Integrated Project Management services to oil and gas companies worldwide, operating both offshore and onshore in diverse countries.

  • Owns a fleet of 14 rigs, which includes 1 semi-submersible rig and 13 onshore rigs
  • Under execution

  • Sea transportation: On order book of 4 new building vessels
  • Oilfields services: Two new jack-up rigs on order
  • References

    Essar Shipping Wikipedia


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