 | |
| Company type | Public company |
|---|---|
| BSE: 500630 NSE: ESSARPORTS | |
| Industry | Shipping Ports Logistics |
| Founded | 1945 |
| Headquarters | Mumbai,[1] India |
Key people | Shashi Ruia (Chairman) Prakash Tulsiani (CEO)[2] |
| Revenue | ₹12.15 billion (US$150 million) (2010-2011)[citation needed] |
| Parent | Essar Group |
| Website | essar.com |
Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Established in 1945, Essar Shipping was formally incorporated in 2010 and is listed on the Bombay Stock Exchange.[3] Headquartered in Mumbai, it operates as a subsidiary of the Essar Group.
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.[citation needed] 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.[citation needed] The company has proposed to maximise the fleet in 2017-18 by adding new VLCCs & ULCCs.[needs update][clarification needed]
- ^ "Essar Group | Contact us". Essar.com. 30 June 2009. Archived from the original on 27 June 2011. Retrieved 16 July 2010.
- ^ "BSE Plus". Bseindia.com. Archived from the original on 7 June 2011. Retrieved 16 July 2010.
- ^ "BSE - Get Quote". m.bseindia.com. Retrieved 3 April 2024.