Shipping plays a crucial role in the transportation sector of the economy of India and nearly 90% of the trade of the country is moved through sea thereby making shipping as a separate sector. Among the developing countries in the world, India has the largest merchant shipping fleet and the country is ranked 17th in the world with respect to shipping fleet.

The maritime sector in India not only enables transportation of international and national cargoes, but also offers a variety of other services like handling of cargo, training of marine personnel, lighthouse facilities, freight forwarding, shipbuilding and ship repairing. Like any other sector, there are also top players in the shipping sector in India and the names of these top players in the Indian shipping industry are given below:

Top seven companies in shipping sector:

• BVM Shipping

• Cochin Shipyard Limited

• Varun Shipping

• Shipping Corporation of India

• Pratibha Shipping Company Limited

• Interocean Group

• Mercator Lines

If you are interested in exploring more details about these companies, read on the content given below:

BVM Shipping:

BVM Shipping Company came into existence in the year 2010 and they are operating from the city of Delhi. They are offering services like clearing, FCL, ICL, import-export, documentation and freight forwarding and they are dealing with products like veneer, plywood and timber. They are acting as trading company, service provider and importer in the shipping industry in India.

Cochin Shipyard Limited:

Cochin Shipyard Limited is an ISO 9001, OSHAS 18001 and ISO 14001 certified company, which came into existence in the year 1972 and it is Government of India owned company. They are offering a wide range of services like marine engineering training, offshore, ship repair and shipbuilding. They have performed greater tasks under the aforesaid four service category.

Varun Shipping:

Varun Shipping Company Limited is a private owned shipping company with diversified fleet of 20 vessels in the crude oil and LPG sector. They are offering comprehensive shipping solution to the entire hydrocarbon product chain to their valued customers. They have a long list of satisfied customers, which includes international companies and many public sector companies in India.

Shipping Corporation of India:

Shipping Corporation of India is a Government of India enterprise and one among the navratna companies that came into existence in the year 1961. In the shipping sector, the company is offering different services like break bulk, coastal & passenger services, container, business development & alliances, shipbuilding consultancy, offshore, lighterage, chartering, bulk carriers and tankers.

Pratibha Shipping Company Limited:

Pratibha Shipping Company Limited came into existence in the year 1995 on the 20th of February 1995 and it was established by a group of young technocrats with financial and shipping background. It is a closely held public sector company registered under the companies act 1956. They have constructed a number of fleets in the names of Pratibha Bheema (Double Hull), Pratibha Koyna (Double Hull), Pratibha Neera (Double Hull), Pratibha Tapi (Double Sided), Pratibha Warna (Double Sided), Pratibha Indrayani (Double Hull), France Pratibha Chandrabhaga (Double Hull) and Pratibha Cauvery (Double Hull).

Interocean Group:

Interocean Group was established in the year 1961 as a ship broking house. As the company began to grow many family member of its founder Captain Kailash C. Saigal, joined the group to further develop the company into different shipping related services. They are offering different services like ship owning,  ship broking, port agency, crewing & management, sale, purchase and demolition, ship spares, etc…

Mercator Lines:

Mercator Lines Limited came into existence in the year 1983 and they are offering services under different verticals like dredging, oil & gas services & exploration, coal mining & logistics, dry bulk shipping and tankers shipping.