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Shipping Corporation of India signs multi-port MoU to build end-to-end container logistics network

News by Aliceblue News Desk

04 Feb 2026

Shipping Corporation of India signs multi-port MoU to build end-to-end container logistics network

Introduction

Leading public sector shipping company signed a multi party MoU with logistics and port entities to operate container vessels for EXIM and coastal trade.

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Share price movement of Shipping Corporation

On January 28, 2026, Shipping Corporation of India Ltd opened at ₹211.80, up 0.36% from its previous close of ₹211.05. The stock recorded a high and low of ₹211.80. By 9:07 AM, it traded at ₹211.80, up 0.36%, with a market capitalisation of ₹10,396.63 crore.

SCI Signs Logistics MoU

Shipping Corporation of India Limited signed a memorandum of understanding with CONCOR, JNPA, VOCPA, Chennai Port Authority, and Sagarmala Finance Corporation under a Government of India logistics initiative.

The MoU aims to acquire, own, lease, and operate container vessels and assets for EXIM and coastal trade, to provide integrated end to end logistics solutions.

Stock performance of Shipping Corporation for Period of 1 week, 6 months, and 1 year

Shipping Corporation of India Ltd delivered a 0.45% return over the past week, gained 9.74% over the past six months, and rose 15.0% over the past one year.

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Shareholding pattern of Shipping Corporation

ParticularsDec 2025Sep 2025Jun 2025
Promoter63.80%63.80%63.80%
FII7.10%6.50%6.10%
DII2.40%2.60%2.60%
Public26.70%27.20%27.60%

About Shipping Corporation

Shipping Corporation of India Ltd (NSE: SCI) is India’s largest shipping company, operating a diversified fleet of cargo, tanker, container, passenger, and offshore vessels with Navratna status.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Shipping Corporation of India Ltd share price rising today?

A: Shipping Corporation of India Ltd signed an MoU with CONCOR and port authorities to operate container vessels for EXIM and coastal trade.

Q: What is Shipping Corporation of India Ltd’s main business focus?

A: Shipping Corporation of India Ltd focuses on transporting goods and passengers using a diversified fleet of cargo, tanker, container, and passenger vessels.

Q: What are the 52-week high and low of Shipping Corporation of India Ltd stock?

A: Shipping Corporation of India Ltd stock has a 52-week high of ₹280.00 and a 52-week low of ₹138.25.

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