OUR MILESTONES

2003
Formed by a group of Master Mariners from the Indian Shipping fraternity and acquired its first product tanker named M.T. Seven Islands
2004
Converted to a public limited company to avail of government incentives
2005
Acquired its second oil product tanker named M.T. Blossom
2006
Sold M.T. Seven Islands
2007
Acquired M.T. Twinkle and M.T. Crystal
2009
Acquired M.T. Lourdes
2010
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
2011
Acquired M.T. Orchids
2012
Acquired M.T. Prudent and sold M.T. Twinkle
2013
Sold M.T. Triumph
2014
Acquired M.T. Victory, M.T. Oaktree and M.T. Delight. Sold M.T. Blossom
2015
Acquired M.T. Agility and sold M.T. Crystal
2016
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.
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
2018
Acquired M.T. Seagull.
 
2019
Acquired M.T. Loyalty, M.T. Elegant and M.T. Harmony. Sold M.T. Lourdes and M.T. Victory. Received the award for “The Indian Shipping Company with the Highest Growth of Indian Flag Vessels” at the 55th National Maritime Day celebrations.

VESSEL PROFILE

SR. NO. VESSEL NAME VESSEL TYPE DEADWEIGHT (MT) STATUS Image
1 M.T. Delight Small 8,614 Owned
2 M.T. Elegant Small 10,329 Owned
3 M.T. Orchids Medium Range 28,810 Owned
4 M.T. Harmony Medium Range 35,931 Owned
5 M.T. Agility Medium Range 44,970 Owned
6 M.T. Loyalty Medium Range 45,650 Owned
7 M.T. Windsor Medium Range 46,057 Owned
8 M.T. Meadows Medium Range 46,087 Owned
9 M.T. Seagull Medium Range 46,162 Owned
10 M.T. Oaktree Medium Range 46,878 Owned
11 M.T. Crimson Suezmax 146,645 Owned
12 M.T. Saffron Suezmax 149,999 Owned
13 M.T. Lavails VLCC 299,325 Owned
Total 955,457

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.