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Varun Shipping Company Limited
Laxmi Building, 6, Shoorji Vallabhdas Marg, Ballard Estate, Mumbai – 400001, India. Tel: + 91 22 66350100-09 Fax: +91-22 6635 0276 E-mail: fleetpersonnel@varunship.com Website: www.varunship.com |
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About Varun Shipping Company Limited
Varun Shipping Company Limited is a leading Indian private sector shipping company owning and operating vessels in the hydrocarbon sector. Varun is a global player in energy transportation and offshore exploration and production (E and P) support services.
Varun’s freight and charter hire income or the financial year ended 31st March, 2011 was Rs. 4,914.27 million (US$107.93 million) and its net profit was Rs. 147.48 million ( US$ 3.24 million).
Varun has a track record of being profitable and distributing dividends uninterruptedly to its shareholders for the past 27 years.
Varun owns/operates a fleet of 20 vessels, comprising 10 LPG carriers, 3 crude oil tankers and 7 anchor handling towing and supply (AHTS) vessels. With its well diversified fleet, Varun is able to offer comprehensive transportation and support solutions to its valued customers, across the entire hydrocarbon value chain.
Varun together with its associate is the largest owner of LPG tonnage in India in terms of both fleet size and cargo carrying capacity, constituting approximately 78 per cent of the aggregate cargo carrying capacity of LPG carriers operating under the Indian flag.Varun transported approximately 52 per cent of all Public Sector Undertaking (PSU) cargoes brought into India during the period from April, 2010 to March,2011.
Varun is the second largest owner of tonnage in the global mid- size fully refrigerated (20,000-50,000cu.m) LPG carrier fleet category and owns 10.13 per cent of the total tonnage in that category. Globally, in the fully refrigerated LPG carriers category, Varun together with its associate is the fourth largest owner in terms of number of vessels and sixth largest in terms of cargo carrying capacity.
Varun owns five large, modern and powerful AHTS vessels with the highest bollard pull under Indian flag. It has established a leadership position in the large AHTS sector in the Asian region. Varun is the first Indian company to operate large AHTS vessel in the North Sea.
Varun’s freight and charter hire income or the financial year ended 31st March, 2011 was Rs. 4,914.27 million (US$107.93 million) and its net profit was Rs. 147.48 million ( US$ 3.24 million).
Varun has a track record of being profitable and distributing dividends uninterruptedly to its shareholders for the past 27 years.
Varun owns/operates a fleet of 20 vessels, comprising 10 LPG carriers, 3 crude oil tankers and 7 anchor handling towing and supply (AHTS) vessels. With its well diversified fleet, Varun is able to offer comprehensive transportation and support solutions to its valued customers, across the entire hydrocarbon value chain.
Varun together with its associate is the largest owner of LPG tonnage in India in terms of both fleet size and cargo carrying capacity, constituting approximately 78 per cent of the aggregate cargo carrying capacity of LPG carriers operating under the Indian flag.Varun transported approximately 52 per cent of all Public Sector Undertaking (PSU) cargoes brought into India during the period from April, 2010 to March,2011.
Varun is the second largest owner of tonnage in the global mid- size fully refrigerated (20,000-50,000cu.m) LPG carrier fleet category and owns 10.13 per cent of the total tonnage in that category. Globally, in the fully refrigerated LPG carriers category, Varun together with its associate is the fourth largest owner in terms of number of vessels and sixth largest in terms of cargo carrying capacity.
Varun owns five large, modern and powerful AHTS vessels with the highest bollard pull under Indian flag. It has established a leadership position in the large AHTS sector in the Asian region. Varun is the first Indian company to operate large AHTS vessel in the North Sea.