MINISTER OF SHIPPING (SHRI G.K.VASAN)
(a) to (d): As per the SCI’s draft Perspective plan 2010~2020, SCI plans to acquire 40
Vessels by the year 2015 i.e Phase-I of the draft Perspective plan of SCI. The estimated cost
of these 40 vessels would be about Rs. 9,632.40 crores. The details of these vessels are at
Annexure-I. This is in addition to 25 vessels already on order at a cost of Rs. 5277.88
crores; the details are at Annexure-II. The new ships shall be purchased by SCI as part
replacement of its vessels scheduled for phase out at the end of their economic life and also
to enhance its capacity. SCI plans to acquire these vessels with equity portion of about
20% to be met through internal resources generation and the balance through borrowing. SCI
presently has Rs.2435 crores cash reserves.
(e) & (f): SCI in its fleet has 5 Container vessels catering to India’s EXIM as well as
Coastal trade through its’ Indian Sub-Continent European Service (ISES) and SCI Middle East
India Liner Express (SMILE) with a capacity utilization of more than 80%.
The capacity utilization for 17 Bulk Carriers in 2009-10 was 94.20% and for 30
tankers was around 73.05%. The utilization for tankers is lower due to the standard market
parcel for the size of the vessel. Draft restrictions at some ports greatly reduce the cargo
quantity that can be carried as against its capacity. However, the freight compensation is
adjusted taking into account the dead freight.
10 Offshore vessels of SCI are on charter with ONGC and are utilised by ONGC as per their
requirement.
ANNEXURE-I
The details of the Phase-I (2010-2015) acquisition as per the draft Perspective plan of SCI is
as follows:
Type of vessel No.of vessels Total estimated cost Rs. Crores
VLCCs 4 1932.00
6500 TEU container vessels 3 1035.00
3500 TEU container vessels 3 690.00
80T AHTSV 6 552.00
Kamsarmax bulk carriers 4 644.00
Suezmax tankers 2 644.00
Aframax tankers 2 1104.00
Capesize bulk carriers 4 588.80
Supramax bulk carriers 4 506.00
1500 TEU container vessels 3 552.00
LPG carriers 2 414.00
LNG tanker 1 690.00
120T AHTSVs 2 280.60
Sub Total 40 9632.40
ANNEXURE-II
Details of 25 vessels ordered by SCI
Type of vessel No. of vessels Total estimated on order cost Rs. Crore
Aframax Crude Oil Carrier 3 728.33
Anchor Handling, Towing & Supply vessel 4 410.69
of 80 TBP capacity each
Handymax Bulk Carriers 6 1,239.24
Panamax Bulk Carriers 4 1,095.72
Anchor Handling, Towing & Supply vessel of 2 280.6
120 TBP capacity each
Platform Supply Vessels (UT 755 Design) 2 257.60
Kamsarmax 4 612.72
25 5,277.88
