The growth in international trade has enabled developing countries to focus more on the improvement of their infrastructure, like roads, airports, seaports, which played a vital role in the development of the economy. Domestic production, storage, and the capacity to move large shipments from one country to another have placed the shipping industry in a very advantageous position.
Indian Shipping tonnage has registered remarkable growth, In FY22, all key ports in India handled 650.52 million tonnes (MT) of cargo traffic. India has the advantage of having a coastline that is more than 7,517 kms long, interspersed with more than 200 ports. And most cargo ships that sail between East Asia and America, Europe and Africa pass through Indian territorial waters.
With 6.8 million Gross Registered Tonnes (GRT) and a ranking of 17th in the world, India is one of the world’s major maritime nations.
The Indian government is also promoting the shipping and port industry. In Union Budget 2022-23, the total allocation for the Ministry of Shipping was Rs. 1,709.50 crore.
The government has also made it easier for businesses that develop, maintain, and operate ports, inland waterways, and inland ports to take advantage of a 10-year tax break. These factors altogether are helping the shipping industry to grow in India.
Here is the list of top shipping companies in India:
|SHIPPING CORPORATION OF INDIA LIMITED||L63030MH1950GOI008033||15,204.90 cr|
|ESSAR SHIPPING LIMITED.||L61200GJ2010PLC060285||13,661.70 cr|
|VARUN SHIPPING COMPANY LIMITED||L61100MH1971PLC014985||2,752.81 cr|
|SEVEN ISLANDS SHIPPING LIMITED||U61100MH2002PLC135732||1,655.26 cr|
|APEEJAY SHIPPING LTD||U60231WB1948PLC023608||1,523.52 cr|
|SANMAR SHIPPING LIMITED||U63090TN1994PLC028616||850.28 cr|
|L&T SAPURA SHIPPING PRIVATE LIMITED||U61100TN2010PTC077217||841.60 cr|
|TOLANI SHIPPING COMPANY LIMITED||U61100MH1974PLC017161||772.10 cr|
|SHREYAS SHIPPING AND LOGISTICS LIMITED||L63000MH1988PLC048500||679.22 cr|
|INDIAN REGISTER OF SHIPPING||U61100MH1975NPL018244||520.31 cr|
|BOTHRA SHIPPING SERVICES PRIVATE LIMITED||U61200WB2011PTC166481||458.31 cr|
|TRANS ASIAN SHIPPING SERVICES PVT LTD||U63090KL1992PTC006824||355.97 cr|
|RAJ SHIPPING AGENCIES LIMITED||U63090MH1991PLC061452||348.97 cr|
|SEAWAYS SHIPPING AND LOGISTICS LIMITED||U63010TG1989PLC010716||306.89 cr|
|ARCADIA SHIPPING LIMITED||U61100MH1981PLC023672||288.52 cr|
|M PALLONJI SHIPPING PVT LTD||U63032MH2005PTC157051||214.97 cr|
|GAC SHIPPING (INDIA) PRIVATE LIMITED||U63090KL1983PTC003733||159.94 cr|
|ATLANTIC GLOBAL SHIPPING PRIVATE LIMITED||U63090MH1985PTC035451||159.07 cr|
|PCL SHIPPING PRIVATE LIMITED||U61200MH2014PTC255698||153.49 cr|
|BULKTAINER SHIPPING LIMITED||U60210MH1995PLC094265||143.16 cr|
|ZEN SHIPPING & PORTS INDIA PRIVATE LIMITED||U61100MH2011PTC215807||100.99 cr|
|SEAHORSE SHIP AGENCIES PVT LTD||U63090MH1993PTC071399||86.16 cr|
|PRIYABLUE SHIPPING PRIVATE LIMITED||U61200MH2010PTC203476||77.06 cr|
|GERMAN EXPRESS SHIPPING AGENCY (INDIA) PVT LTD||U61100MH1993PTC071596||76.19 cr|
|NOBLE SHIPPING PRIVATE LIMITED||U63090MH1995PTC089478||62.04 cr|
|SAI SHIPPING COMPANY PRIVATE LIMITED||U63090MH1977PTC019930||62.03 cr|
|BHAVANI SHIPPING SERVICES (INDIA) PRIVATE LIMITED||U61100MH2007PTC175958||58.80 cr|
|BHATIA SHIPPING PRIVATE LIMITED||U61100MH1993PTC071573||39.93 cr|
|I M S SHIP MANAGEMENT PRIVATE LIMITED||U63090MH1980PTC022201||37.16 cr|
|KIN-SHIP SERVICES INDIA PRIVATE LIMITED||U63090KL1999PTC012830||33.45 cr|
|TORM SHIPPING INDIA PRIVATE LIMITED||U63000MH1996PTC103985||33.25 cr|
|OMEGA SHIPPING AGENCIES PRIVATE LIMITED||U63012MH2000PTC127862||30.18 cr|
|INDO GLOBE SHIPPING SERVICES PRIVATE LIMITED||U63000MH2005PTC155452||20.08 cr|
|MPRS SHIPPING AND LOGISTICS PRIVATE LIMITED||U61100MH2006PTC162499||18.10 cr|
|SAKTHI SHIPPING LOGISTICS PRIVATE LIMITED||U61200AN2010PTC000134||17.44 cr|
|CLARKSON SHIPPING SERVICES INDIA PRIVATE LIMITED||U61200HR2007FTC055192||17.19 cr|
|EAGLE TRANS SHIPPING & LOGISTICS (INDIA) PRIVATE LIMITED||U61100DL2006PTC151516||17.07 cr|
|SRI MAHARSHI SHIPPING PRIVATE LIMITED||U61200WB2013PTC196223||13.20 cr|
|TRANSOCEAN SHIPPING VENTURES PRIVATE LIMITED||U61200MH2010PTC200303||10.77 cr|
|R.K.KAYANI SHIPPING SERVICES PRIVATE LIMITED||U63010MH2005PTC153998||10.07 cr|
|TATA NYK SHIPPING (INDIA) PRIVATE LIMITED||U61100WB2007PTC118354||9.43 cr|
|NKK SHIPPING AND LOGISTICS PRIVATE LIMITED||U61100DL2006PTC150126||8.47 cr|
|NMT SHIPPING PVT LTD||U63090MH2006PTC158546||8.34 cr|
|ABRAO SHIPPING LINES PRIVATE LIMITED||U61200MH2016PTC283700||8.17 cr|
|SAHI AGENCY (SHIPPING) PR. LTD||U63090WB1987PTC042820||6.86 cr|
|OCEAN KING SHIPPING SERVICES PRIVATE LIMITED||U63090DL1998PTC091623||6.53 cr|
|SONA SHIP MANAGEMENT PVT LTD||U63032WB1992PTC057122||6.01 cr|
|ORIENTAL AIR AND SHIP SERVICES LIMITED||U63000MH1995PLC087928||5.93 cr|
|BAS SHIPPING PRIVATE LIMITED||U63023TN1992PTC023587||4.84 cr|
|GATI SHIP LIMITED||U61100TG2010PLC070699||4.05 cr|
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FAQs about shipping companies in India
What is the length of the Indian coastline?
The Indian coastline is of 7,517 kilometres.
Which is the largest shipping company in India?
The Shipping Corporation of India, formed in 1961 by the merger of Eastern Shipping Corporation and Western Shipping Corporation, is India’s largest shipping company.
What are the problems faced by shipping industry?
The problems faced by the shipping industry are:
- Shortage of labour
- Higher fuel prices
- Need for better technological integration and up-gradation
- Geopolitical factors
- Technological sanctions and trade wars
What is the name of the largest port in India?
India’s largest major container handling port is the Jawaharlal Nehru Port Trust (JNPT) in Maharashtra.
How to choose the suitable logistics partner for you?
Logistics companies are backbone of any e-commerce business; choosing a right logistics partner is very crucial factor for any business; watch this insightful video that explains about the key factors to keep in mind while choosing a logistics partner for your e-commerce business.