Top 20 Maritime companies in India 2023

India has a rich maritime history, and the country’s maritime industry is an important contributor to its economy. The sector is highly diversified and includes shipbuilding, shipping, ports, logistics, and offshore services.

In this article, we will take a closer look at 20 of the top maritime companies in India in 2023: 

 

1. Great Eastern Shipping Co. Ltd:

Great Eastern Shipping Co. Ltd (G E Shipping) is India’s largest private-sector shipping company, with over 40 years of experience in the business. The company’s primary activities include shipping and offshore oilfield services. 

G E Shipping’s fleet comprises a mix of crude oil tankers, product tankers, bulk carriers, gas carriers, and offshore supply vessels. The company has a global presence, with offices in India, Dubai, Singapore, and London.

 

The company has won many awards and recognition for its outstanding performance and has been consistently ranked among the top shipping companies in India. The company has a strong focus on safety, quality, and sustainability, and has implemented many initiatives to reduce its environmental impact.

 

2. Varun Shipping Co. Ltd.:

 

Varun Shipping Co. Ltd. is an Indian shipping company engaged in the transportation of crude oil, petroleum products, and liquefied petroleum gas. The company owns and operates a fleet of tankers that range from 30,000 DWT to 310,000 DWT. 

 

Varun Shipping’s services are used by various public and private sector companies in India, as well as by international companies.

 

The company is focused on providing high-quality services and is committed to ensuring the safety and security of its crew, cargo, and the environment. The company has been awarded several certifications for its quality and environmental management systems.

 

3. The Shipping Corporation of India Ltd:

 

The Shipping Corporation of India Ltd (SCI) is a government-owned shipping company that operates both in India and internationally. SCI’s fleet consists of tankers, bulk carriers, container vessels, passenger-cum-cargo vessels, and offshore supply vessels. 

 

The company has a significant presence in the Indian shipping industry, and its services are used by various industries, including oil and gas, iron and steel, and agriculture.

 

SCI has been consistently ranked among the top shipping companies in India and has won many awards and recognition for its performance. The company has a strong focus on safety, sustainability, and social responsibility, and has implemented many initiatives to reduce its environmental impact.

 

4. Adani Ports and Special Economic Zone Ltd:

Adani Ports and Special Economic Zone Ltd (APSEZ) is India’s largest private-sector port and logistics company, with a presence in ten ports across India. 

 

The company operates a range of facilities, including bulk terminals, container terminals, and special economic zones. APSEZ’s services are used by various industries, including coal, petrochemicals, and automobiles.

 

APSEZ is committed to providing high-quality services and has invested heavily in infrastructure and technology to ensure the safety, efficiency, and sustainability of its operations. 

 

The company has won many awards and recognition for its outstanding performance and has been consistently ranked among the top port operators in India. APSEZ has also implemented many initiatives to reduce its environmental impact and improve the social and economic well-being of the communities in which it operates.

 

5. Cochin Shipyard Ltd. (CSL)

 

Cochin Shipyard Ltd. (CSL) is one of the largest shipbuilding and maintenance facilities in India. Established in 1972, the company is located on the west coast of India and operates a shipyard that spans over 300 acres. 

 

The company has a diverse portfolio of products and services, including shipbuilding, ship repair, and fabrication of offshore structures. CSL has a strong reputation for quality and safety, which has allowed it to win numerous domestic and international awards.

 

The company’s shipbuilding division is capable of building a wide range of vessels, including tankers, bulk carriers, passenger ships, and offshore vessels. Its ship repair division provides repair and maintenance services to a variety of vessels, including naval ships and offshore drilling rigs. CSL is also involved in the fabrication of offshore structures such as oil platforms.

 

CSL has been expanding its operations in recent years and has undertaken several joint ventures with international companies. The company has also been focusing on research and development to develop new technologies and processes that will help it remain competitive in the global market.

 

6. Shreyas Shipping & Logistics Ltd.

 

Shreyas Shipping & Logistics Ltd. is a leading shipping and logistics company based in Mumbai, India. The company was established in 1988 and has since grown to become one of the largest Indian-owned container shipping companies. Shreyas operates a fleet of 13 vessels, which serve both domestic and international routes. The company’s services include container shipping, logistics, and project cargo management.

 

Shreyas Shipping has a strong reputation for reliability and service quality, which has allowed it to establish long-term relationships with its customers. The company’s focus on technology and innovation has also helped it to improve efficiency and reduce costs. Shreyas has invested in several state-of-the-art technologies, such as a vessel performance monitoring system and an electronic document management system.

 

Shreyas has been expanding its operations in recent years and has acquired several companies to strengthen its position in the market. The company has also been investing in new vessels to meet the growing demand for container shipping services in India.

 

7. MERCATOR Ltd.

 

MERCATOR Ltd. is a diversified maritime company with a presence in several segments of the shipping and logistics industry. The company was established in 1983 and is headquartered in Mumbai, India. Mercator operates a fleet of 10 vessels, which includes tankers, bulk carriers, and dredgers. The company’s services include shipping, offshore services, dredging, and logistics.

 

Mercator has a strong reputation for innovation and has been investing in new technologies and processes to improve efficiency and reduce costs. The company has also been focusing on research and development to develop new products and services that will help it remain competitive in the market.

 

Mercator has been expanding its operations in recent years and has undertaken several joint ventures with international companies. The company has also been focusing on diversification, with a particular focus on the offshore sector. Mercator is one of the leading players in the Indian offshore services industry and has a strong presence in the Middle East.

 

8. Bharati Shipyard Ltd.

Bharati Shipyard Ltd. is a leading shipbuilding and ship repair company in India. The company was established in 1973 and is headquartered in Mumbai. Bharati Shipyard operates a shipyard in Ratnagiri, which is equipped with state-of-the-art facilities for shipbuilding, ship repair, and fabrication of offshore structures.

 

Bharati Shipyard has a strong reputation for quality and safety, which has allowed it to win several domestic and international awards. The company’s shipbuilding division is capable of building a wide range of vessels, including tankers, bulk carriers, passenger ships, and offshore vessels.

 

9. ABG Shipyard Ltd.

ABG Shipyard Ltd is one of the leading shipbuilding companies in India that designs and constructs a range of vessels, including offshore vessels, dredgers, and tugs, among others. 

 

The company has established its presence in several countries, such as the United Arab Emirates, the United States, and France. They have a strong focus on quality, environmental management, and safety, which is reflected in their ISO 9001, ISO 14001, and OHSAS 18001 certifications.

 

The company has a team of highly skilled and experienced professionals who are involved in every step of the shipbuilding process. From initial design to final delivery, ABG Shipyard ensures that their clients receive a vessel that meets their exact requirements. 

 

They also provide after-sales services and spare parts, ensuring the longevity and performance of their vessels.

 

10. Gujarat Pipavav

Gujarat Pipavav Port Limited (GPPL) is one of the leading ports in India located in the Saurashtra region of Gujarat. The port provides services for containers, bulk, and liquid cargo. 

 

It has modern infrastructure and equipment, including a container terminal with a capacity of 1.35 million TEUs, making it one of the most efficient and productive ports in the country.

 

GPPL has been recognized for its operational excellence, customer service, and commitment to sustainability. 

 

They have been awarded the Golden Peacock Eco-Innovation Award and the Indian Green Energy Award for their commitment to renewable energy and reducing their carbon footprint.

 

11. Global Offshore Service Ltd.

Global Offshore Service Ltd. (GOSL) is a leading provider of offshore support services to the oil and gas industry in India. They offer a range of services, including offshore logistics, marine transportation, and subsea services, among others. 

 

GOSL has an experienced team of professionals and a modern fleet of vessels, which enables them to provide reliable and efficient services to their clients.

 

The company has a strong commitment to safety and environmental sustainability, and they have received certifications for ISO 9001, ISO 14001, and OHSAS 18001. They have also been recognized for their operational excellence and commitment to health, safety, and the environment by various industry associations.

 

12. Mazagon Dock Shipbuilder Ltd. (MDL)

Mazagon Dock Shipbuilder Ltd. (MDL) is a leading shipbuilding company in India that specializes in constructing warships and submarines for the Indian Navy. The company has a state-of-the-art shipyard that is equipped with modern facilities and equipment.

MDL has a team of experienced professionals who are involved in the entire shipbuilding process, from design to delivery. They also provide after-sales services and training to the Navy’s crew to ensure the vessels’ longevity and performance. 

 

MDL has been recognized for its excellence in shipbuilding and has received several awards, including the Rajbhasha Shield for the best implementation of Hindi language in the organization.

 

13. Anglo Eastern Shipping Ltd:

Anglo Eastern is a globally recognized ship management company that provides high-quality maritime solutions to customers. The company was established in 1974 and has grown to become a major player in the maritime industry.

 

 Anglo Eastern’s services include ship management, crew management, technical management, new building supervision, and ship inspection services. The company has a global presence with offices in more than 25 countries and a fleet of over 700 vessels under management.

 

Anglo Eastern has a strong focus on sustainability and has been implementing initiatives that reduce the environmental impact of its operations.

 

The company has taken steps to reduce greenhouse gas emissions, minimize waste, and prevent pollution. In 2021, Anglo Eastern was awarded the Green Initiative of the Year award at the Seatrade Maritime Awards Asia.

 

14. Mediterranean Shipping Company (MSC):

MSC is one of the world’s leading container shipping companies, offering global services to customers. The company was established in 1970 and has grown to become a major player in the industry, with a fleet of over 570 vessels. MSC operates in more than 155 countries and has a network of over 500 offices.

 

MSC has been expanding its operations in India, and in 2021, the company announced the launch of a new service that connects India with Europe and the Mediterranean. The service is expected to provide more efficient and reliable shipping options for customers.

 

15. CMA-CGM Group:

CMA-CGM is a global leader in container shipping and logistics services. The company was established in 1978 and has a fleet of over 550 vessels, operating in more than 160 countries. CMA-CGM offers a range of services, including container shipping, logistics, and supply chain management.

 

In 2021, CMA-CGM announced the launch of a new service that connects India with the Middle East, offering customers a faster and more reliable shipping option. The company has been investing in digital solutions to enhance the customer experience, and has launched a mobile app that provides real-time tracking and online booking.

 

16. A.P. Moller – Maersk Group:

Maersk is the world’s largest container shipping company, with a fleet of over 700 vessels and a presence in more than 120 countries. The company offers a range of services, including container shipping, logistics, and supply chain management. 

Maersk has been expanding its operations in India, and in 2021, the company announced the launch of a new service that connects India with the Mediterranean, providing customers with more efficient and reliable shipping options.

 

Maersk has been focusing on sustainability and has set a goal to achieve carbon neutrality by 2050. The company has been investing in green solutions, such as biofuels and carbon capture and storage, to reduce its carbon footprint. Maersk was awarded the 2021 Seatrade Maritime Award for Environmental Protection.

 

17. Schlumberger

Schlumberger is one of the leading oilfield services companies in the world, providing technology, equipment, and services to the oil and gas industry. The company was founded in 1926 and is headquartered in Houston, Texas, with operations in more than 120 countries.

 

Schlumberger’s services include oil and gas exploration, production, and refining, as well as well testing, well drilling, and well intervention services. The company has a diverse range of products and services, including seismic imaging, drilling software, and reservoir monitoring.

 

In India, Schlumberger has been operating for over 80 years and is committed to developing the country’s oil and gas industry. The company has a strong presence in the country and has helped to develop some of the country’s major oil and gas fields.

 

 Schlumberger is also committed to sustainable development and has a strong focus on minimizing its environmental impact.

 

18. Halliburton

Halliburton is a leading provider of products and services to the energy industry, with operations in more than 80 countries. The company was founded in 1919 and is headquartered in Houston, Texas.

 

Halliburton provides a wide range of services to the oil and gas industry, including exploration, drilling, and production. The company’s services include well testing, well completion, and well intervention, as well as drilling software and equipment.

 

 Halliburton also provides consulting services to the industry, helping companies to optimize their operations and improve efficiency.

 

In India, Halliburton has been operating for over 25 years and has a strong presence in the country. The company is committed to supporting the development of the country’s oil and gas industry and has been involved in some of the major oil and gas projects in the country. 

 

Halliburton is also committed to environmental sustainability and has a strong focus on reducing its environmental impact.

 

19. Baker Hughes

Baker Hughes is a global oilfield services company that has been operating in India for over 60 years. The company provides a range of services and products that include drilling, evaluation, completion, production, and intervention. 

 

Baker Hughes has established a strong presence in India and is well-known for its advanced technology solutions and innovative products. The company has a state-of-the-art training facility in India and is committed to investing in the development of its workforce.

 

Baker Hughes has been involved in several major projects in India, including the Mumbai High South Redevelopment project, which involved the installation of new platforms and the drilling of new wells. 

The company has also worked on the development of unconventional oil and gas resources in India, including shale gas and tight oil. Baker Hughes has been recognized for its commitment to sustainability and was awarded the ‘Green Supply Chain Award’ in 2018.

 

20. Petrofac 

Petrofac is a leading international service provider to the oil and gas industry, with a strong presence in India. The company provides a wide range of services that include engineering, construction, operations and maintenance, and training. 

Petrofac has a strong track record of delivering complex projects in India, and has been involved in some of the country’s most significant developments in the oil and gas sector.

 

Petrofac has been involved in several major projects in India, including the construction of the Mundra LNG terminal, which is one of the largest in the country. The company has also been involved in the development of the KG-D6 deepwater gas project, which is one of the largest gas projects in India. 

 

Petrofac has established a strong local workforce in India and is committed to the development of its employees through training and development programs.

 

Conclusion

 

Overall, these top maritime companies in India have been expanding their operations and investing in technology to provide more efficient and reliable services to customers. They have also been focusing on sustainability, taking steps to reduce their environmental impact and promote green solutions.