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Essar Shipping

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Essar Shipping

  • More than 220 ship years serving leading Indian and global oil majors and commodity traders
  • Diversified fleet of 27 vessels
  • As of March 31, 2014, total assets were Rs 9,048.07 crore (US$ 1.46 billion)
  • Essar Shipping net trebles to Rs 54 crore (US$ 8.75 million) on long-term contracts

Essar Shipping is an integrated logistics solution provider with investments in logistics services, sea transportation and oilfield drilling services.

Essar's logistics business 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. We own transshipment assets to provide lighterage support services, and onshore and offshore logistics services. It also manages a fleet of 5,000 trucks for the inland transportation of steel and petroleum products.

The sea transportation business has a diversified fleet of 27 vessels including VLCCs, mini-bulk carriers, Supramaxes, tugs and cape-sizes to provide crude oil and product transportation services.

Essar Shipping also provides contract drilling and related services to oil and gas companies worldwide, operating both offshore and onshore in diverse countries. It has a fleet of 13 rigs, which includes one semi-submersible rig and 12 onshore rigs.

Source: http://www.essar.com/

Essar Shipping: End-to-end logistics, shipping and oilfield services

2013 Oilfield Services wins second consecutive drilling contract at ONGC Rajahmundry block
2012 Essar Shipping named 'Bulk Operator of the Year' at Dubai Maritime Week awards
2012 Essar Shipping vessels wins Green Passport certification and notation
2011 Essar wins Shipping Line of the Year award

Updated: November, 2014

Ports
India's cargo traffic is expected to reach 1,758 MMT by 2017.