Essar Shipping: Difference between revisions

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{{Short description|Indian shipping corporation for the global energy business}}
{{Use dmy dates|date=May 2014}}
{{Use dmy dates|date=May 2014}}
{{Use Indian English|date=June 2016}}
{{Use Indian English|date=June 2016}}
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|name  = Essar Shipping Ports & Logistics Ltd
|name  = Essar Shipping Ports & Logistics Ltd
|type  = Public company
|type  = Public company
|traded_as={{BSE|500630}}<br/>{{NSE|ESSARPORTS}}
|traded_as={{BSE was|500630}}<br/>{{NSE was|ESSARPORTS}}
|foundation    = 1945
|foundation    = 1945
|location      =  [[Mumbai]]<ref name="essar1">{{cite web |url=http://www.essar.com/section.aspx?cont_id=DtRPwKqzQwY= |title=Essar Group &#124; Contact us |publisher=Essar.com |date=30 June 2009 |access-date=16 July 2010 |archive-url=https://web.archive.org/web/20110627093012/http://www.essar.com/section.aspx?cont_id=dtrpwkqzqwy= |archive-date=27 June 2011 |url-status=dead }}</ref> [[India]]
|location      =  [[Mumbai]]<ref name="essar1">{{cite web |url=http://www.essar.com/section.aspx?cont_id=DtRPwKqzQwY= |title=Essar Group &#124; Contact us |publisher=Essar.com |date=30 June 2009 |access-date=16 July 2010 |archive-url=https://web.archive.org/web/20110627093012/http://www.essar.com/section.aspx?cont_id=dtrpwkqzqwy= |archive-date=27 June 2011 |url-status=dead }}</ref> [[India]]
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|homepage      = [http://www.essar.com essar.com]
|homepage      = [http://www.essar.com 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 [[Bombay Stock Exchange]] {{BSE|500630}}. The company headquarters is located in [[Mumbai]].<ref name="essar1"/>
'''Essar Shipping Ltd.''', now '''Essar Shipping Ports & Logistics Limited''', is an Indian shipping corporation for the global [[energy]] business. Founded in 1945, the company was incorporated in 2010. The company was listed in [[Bombay Stock Exchange]]. The company headquarters is located in [[Mumbai]].<ref name="essar1" /> The company is a part of [[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|date=August 2013}}  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|date=August 2013}}. The company has proposed to maximise the fleet in 2017-18 by adding new VLCCs & ULCCs.{{update needed|date=September 2020}}{{clarify|reason=What does this jargon mean?|date=September 2020}}
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|date=August 2013}}  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|date=August 2013}}. The company has proposed to maximise the fleet in 2017-18 by adding new VLCCs & ULCCs.{{update needed|date=September 2020}}{{clarify|reason=What does this jargon mean?|date=September 2020}}
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===Logistics===
===Logistics===
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.<ref>{{cite web| url=https://volttech.io/same-day-delivery/|title= Shipping logistics  }} Tuesday, 25 December 2018</ref>
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. Essar Shipping manages a fleet of 4,200 trucks for inland transportation of steel and petroleum products.<ref>{{cite web| url=https://volttech.io/same-day-delivery/|title= Shipping logistics  }} Tuesday, 25 December 2018</ref>
* Owns transhipment assets to provide lighterage support services, onshore & offshore logistics services                  
* Essar Shipping owns transhipment assets to provide lighterage support services, onshore & offshore logistics services
* Manages a fleet of 4,200 trucks for inland transportation of steel and petroleum product
* Essar Shipping manages a fleet of 4,200 trucks for inland transportation of steel and petroleum product


===Oilfields services ( OGDSL - Oil & Gas Drilling Services Limited)===
===Oilfields services ( OGDSL - Oil & Gas Drilling Services Limited)===
Provides contract drilling and Integrated Project Management services to oil and gas companies worldwide, operating both offshore and onshore in diverse countries.
Essar Shipping provides contract drilling and Integrated Project Management services to oil and gas companies worldwide, operating both offshore and onshore in a multitude of countries.
* Owns a fleet of 14 rigs, which includes 1 semi-submersible rig and 13 onshore rigs{{citation needed|date=August 2013}}
* Owns a fleet of 14 rigs, which includes 1 semi-submersible rig and 13 onshore rigs{{citation needed|date=August 2013}}


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{{Reflist}}
{{Reflist}}
* [http://www.thehindubusinessline.com/iw/2004/10/03/stories/2004100300390900.htm The Hindu, Sunday, Oct 03, 2004 -  Essar Shipping: Buy, by S. Vaidya Nathan]
* [http://www.thehindubusinessline.com/iw/2004/10/03/stories/2004100300390900.htm The Hindu, Sunday, Oct 03, 2004 -  Essar Shipping: Buy, by S. Vaidya Nathan]
* [http://www.corporateinformation.com/snapshot.asp?Cusip=C35659940 CorporateInformation] Snapshot of Essar Shipping Limited
* [http://www.corporateinformation.com/snapshot.asp?Cusip=C35659940 CorporateInformation] snapshot of Essar Shipping Limited
* [https://web.archive.org/web/20110409152039/http://www.essar.com/upload/pdf/Essar_Profile.pdf]
* [https://web.archive.org/web/20110409152039/http://www.essar.com/upload/pdf/Essar_Profile.pdf]
* [https://web.archive.org/web/20110607113231/http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500630]
* [https://web.archive.org/web/20110607113231/http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500630]
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[[Category:Transport companies established in 1945]]
[[Category:Transport companies established in 1945]]
[[Category:Indian companies established in 1945]]
[[Category:Indian companies established in 1945]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies formerly listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies formerly listed on the Bombay Stock Exchange]]

Latest revision as of 11:15, 26 July 2023


Essar Shipping Ports & Logistics Ltd
Traded asTemplate:BSE was
Template:NSE was
IndustryShipping Ports
Logistics
Founded1945
HeadquartersMumbai[1] India
Key people
Shashi Ruia
(Chairman)
Prakash Tulsiani
(CEO)[2]
Revenue₹12.15 billion (US$140 million) (2010-2011)[citation needed]
ParentEssar Group
Websiteessar.com

Essar Shipping Ltd., now Essar Shipping Ports & Logistics Limited, is an Indian shipping corporation for the global energy business. Founded in 1945, the company was incorporated in 2010. The company was listed in Bombay Stock Exchange. The company headquarters is located in Mumbai.[1] The company is a part of 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]

Operations[edit]

Sea transportation[edit]

Company has a diversified fleet of 26 vessels including VLCCs, Capesize, Mini-capesize, Supramaxes, mini-bulk carriers and 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[clarification needed] to Indian and global oil majorsand commodity traders.

  • Provides crude oil and product transportation services
  • More than 225 ship years of service to leading Indian and global oil majors and commodity traders; tonnage presently stands at 2 million tonnes

Ports and terminals[edit]

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.

Logistics[edit]

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. Essar Shipping manages a fleet of 4,200 trucks for inland transportation of steel and petroleum products.[3]

  • Essar Shipping owns transhipment assets to provide lighterage support services, onshore & offshore logistics services
  • Essar Shipping manages a fleet of 4,200 trucks for inland transportation of steel and petroleum product

Oilfields services ( OGDSL - Oil & Gas Drilling Services Limited)[edit]

Essar Shipping provides contract drilling and Integrated Project Management services to oil and gas companies worldwide, operating both offshore and onshore in a multitude of countries.

  • Owns a fleet of 14 rigs, which includes 1 semi-submersible rig and 13 onshore rigs[citation needed]

Under execution[edit]

  • Sea transportation: On order book of 4 new building vessels[4]
  • Oilfields services: New On shore drilling contract in Gabon to begin shortly. Beating its own records of highest commercial speed with new added Schramm Rigs deployed with ONGC CBM

See also[edit]

References[edit]

  1. ↑ 1.0 1.1 "Essar Group | Contact us". Essar.com. 30 June 2009. Archived from the original on 27 June 2011. Retrieved 16 July 2010.
  2. ↑ "BSE Plus". Bseindia.com. Archived from the original on 7 June 2011. Retrieved 16 July 2010.
  3. ↑ "Shipping logistics". Tuesday, 25 December 2018
  4. ↑ Essar Group

Template:Essar Group

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