OUR MILESTONES

Formed by a group of Master Mariners from the Indian Shipping fraternity and acquired its first product tanker named M.T. Seven Islands

2003
2004

Converted to a public limited company to avail of government incentives



Acquired its second oil product tanker named M.T. Blossom

2005
2006

Sold M.T. Seven Islands



Acquired M.T. Twinkle and M.T. Crystal

2007
2009

Acquired M.T. Lourdes
Acquired the company's first MR tanker M.T. Triumph, making an aggregate of five vessels with a total deadweight capacity of 66,889 metric tons

2010
2011

Acquired M.T. Orchids



Acquired M.T. Prudent and sold M.T. Twinkle

2012
2013

Sold M.T. Triumph


Acquired M.T. Victory, M.T. Oaktree and M.T. Delight. Sold M.T. Blossom

2014
2015

Acquired M.T. Agility and sold M.T. Crystal
Received private equity investment from Wayzata Investment Partners. Acquired two Suezmax tankers - M.T. Saffron and M.T. Crimson, taking the total fleet count to nine. More than doubled net profit.
2016
2017

Received 'CRISIL A-/Stable/CRISIL A2+' rating from CRISIL Ratings - a division of Standard and Poor's. Acquired product tankers M.T. Windsor and M.T. Meadows and VLCC tanker M.T.Lavails. Crossed INR 1 billion in net profit. In same year, credit outlook revised to CRISIL A-/Positive by CRISIL Ratings. Sold M.T. Prudent




Acquired M.T. Seagull.

2018
2019
Acquired M.T. Loyalty, M.T. Elegant, M.T. Harmony, M.T. Courage, M.T. Kestrel and M.T. Abalone. Sold M.T. Lourdes, M.T. Victory, M.T. Oaktree and M.T. Saffron. Received the award for “The Indian Shipping Company with the Highest Growth of Indian Flag Vessels” at the 55th National Maritime Day celebrations. Received private equity funding from FIH Mauritius Investments Ltd–an arm of Fairfax Financial Holdings–one of the largest investment companies in Canada.
Acquired M.T. Sparkle, M.T. Gallant, M.T. Pelican, M.T. Success, M.T. Coronet, M.T. Patriot, M.T. Feather, M.T. Dynasty & M.T. Resolve. Sold M.T. Meadows, M.T. Delight, M.T. Windsor & M.T. Orchids. The DWT capacity of the Company’s fleet crossed 1 million metric tons.
2020
2021
Acquired M.T. Blossom, M.T. Lourdes, M.T. Concord, M.T. Century, M.T. Classic and M.T. Babylon. Sold M.T. Agility, M.T. Crimson, M.T. Lavails, M.T. Resolve and M.T. Seagull. Received a long-term credit rating upgrade to CRISIL A+/Stable from CRISIL Ratings. Signed MoU with Directorate General of Shipping for commitment of INR 1500 crores towards fleet expansion, setting up a world-class maritime training institute in India and commitment to sponsor two graduates for education at the World Maritime University.
Acquired M.T. Harvest, LPG/c Pine Gas, LPG/c Rose Gas, M.T. Marvels and M.T. Fairway. Sold M.T. Elegant, M.T. Pelican and M.T. Harmony. Made an entry into the LPG carrier segment with acquisition of a VLGC and an MGC in quick succession. Won 4 of the top awards at the 8th Samudra Manthan Awards 2021.
2022
2023
Credit rating upgraded to CRISIL AA-/Stable

VESSEL PROFILE

SR. NO. VESSEL NAME VESSEL TYPE CARGO DEADWEIGHT CAPACITY (CBM) STATUS Image
1 M.T. Lourdes Small/Handy Oil Products 12,761 Owned
2 M.T. Blossom Small/Handy Oil Products 12,842 Owned
3 M.T. Fairway Small/Handy Oil Products 35,190 Owned
4 M.T. Feather Medium Range Oil Products 35,198 Owned
5 M.T. Harvest Medium Range Oil Products 44,997 Owned
6 M.T. Loyalty Medium Range Oil Products 45,650 Owned
7 M.T. Regency Medium Range Oil Products 45,770 Owned
8 M.T. Babylon Medium Range Oil Products 45,726 Owned
9 M.T. Sparkle Medium Range Oil Products 45,744 Owned
10 M.T. Marvels Medium Range Oil Products 45,761 Owned
11 M.T. Willows Medium Range Oil Products 45,887 Owned
12 M.T. Kestrel Medium Range Oil Products 45,999 Owned
13 M.T. Patriot Medium Range Oil Products 46,001 Owned
14 M.T. Dynasty Medium Range Oil Products 46,344 Owned
15 M.T. Success Medium Range Oil Products 46,803 Owned
16 M.T. Coronet Medium Range Oil Products 46,803 Owned
17 M.T. Bourbon Medium Range Oil Products 46,921 Owned
18 M.T. Courage Medium Range Oil Products 47,791 Owned
19 M.T. Majesty Medium Range Oil Products 48,056 Owned
20 M.T Pioneer Medium Range Oil Products 48,676 Owned
21 M.T. Capital Medium Range Oil Products 51,603 Owned
22 M.T. Century Suezmax Crude Oil 159,152 Owned
23 M.T. Concord Suezmax Crude Oil 159,155 Owned
24 LPG/c Rose Gas MGC LPG 26,534 35,191 Owned
25 LPG/c Pine Gas VLGC LPG 58,691 82,278 Owned
Total 1,294,055 117,469

CLIENT PROFILE

Seven Islands Shipping caters to Indian coastal and international movement of liquid cargoes for all the domestic oil majors as well as international oil companies. The company maintains an optimal mix of its vessel capacity on time and voyage charters in response to market conditions. SISL’s vessels globally transport crude oil, petroleum products, lube oil and palm oils.