Essar Shipping
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| Public company | |
| Traded as | : : ESSARPORTS |
| Industry | Shipping Ports Logistics |
| Founded | 1945 |
| Headquarters | MumbaiIndia |
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Key people
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Shashi Ruia (Chairman) Sanjay Mehta (CEO & MD) |
| Revenue | ₹12.15 billion (US$180 million) (2010-2011) |
| 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. The company is a part of Essar Group. It was started in 1945 and incorporated in 2010. The company is listed in : . The company headquarters is located in Mumbai.
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.
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.
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.
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.
Provides contract drilling and Integrated Project Management services to oil and gas companies worldwide, operating both offshore and onshore in diverse countries.
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