The Indian government is reportedly considering a pause in its plans to privatise Shipping Corporation of India (SCI), a move that signals a significant shift in strategy amid changing global trade dynamics and geopolitical conditions.

Shift in Focus: From Divestment to Capacity Building

Sources close to the matter indicate that the government may be leaning towards strengthening SCI as a national carrier. This potential change in approach is primarily driven by two key factors:

1. The need to handle disruptions in global shipping routes
2. A desire to reduce India's dependence on foreign vessels

This strategic pivot could underscore the government's recognition of SCI's potential role in navigating the complexities of international maritime trade, especially during times of global uncertainty.

Long-Term Business Plan Approved

In a related development, SCI's Board of Directors has recently approved a Long-Term Business Plan prepared by the company's consultant. This approval occurred on October 23, 2025, at 14:33 hours, suggesting that SCI is taking steps to solidify its future operations and strategy.

Potential Implications of the Policy Shift

If the government decides to pause privatisation and focus on strengthening SCI, it could have several implications:

Looking Ahead

While the government has not made an official announcement regarding the privatisation pause, this reported shift in strategy may reflect a broader reassessment of national priorities in the face of evolving global challenges. Stakeholders will be keenly watching for further developments and official communications from both the government and SCI regarding the company's future direction and role in India's maritime sector.

As global trade patterns continue to evolve, the government's approach to SCI could serve as an indicator for its broader economic and strategic policies in the maritime domain.

Shipping Corporation of India Limited (SCI) has announced a significant change in its leadership structure. Rear Admiral Jaswinder Singh, currently serving as Director (Liner & Passenger Services), has been appointed as Director (Bulk Carrier & Tanker) on an additional charge basis.

Key Details of the Appointment

About Rear Admiral Jaswinder Singh

Rear Admiral Jaswinder Singh brings a wealth of experience to his new role:

• Over three and a half decades of maritime experience
• Distinguished service in the Indian Navy and Coast Guard
• Joined SCI in 2023, heading the Liner and Passenger Services segment
• Previously held additional charge of the Bulk and Tanker segment for three months
• Serves as a Director on the board of SCI Bharat IFSC Ltd and Sethusamudram Corporation Ltd
• Vice Chairman of Narottam Morarje Institute of Shipping, Mumbai

Notable Achievements and Qualifications

• Postgraduate in Business Administration
• Alumnus of Naval Post Graduate School at California USA and Defence Services Staff College at Wellington
• Awarded the prestigious Nau Sena Medal for distinguished service in the Indian Navy
• Held key positions in the Indian Navy, including:
  • Chief of Staff of the Southern Naval Command
  • Assistant Chief of Naval Staff Foreign Cooperation
  • Principal Director at Naval Headquarters New Delhi
  • Command of Destroyer, Corvette, and Training Establishment

The appointment of Rear Admiral Singh to this additional role underscores SCI's commitment to leveraging experienced leadership in its operations. His extensive maritime background and previous experience in both the Liner & Passenger Services and Bulk & Tanker segments position him well for this expanded responsibility.

SCI has confirmed that Rear Admiral Singh is not related to any director of the company and is not debarred from holding directorship by any regulatory authority. This appointment aligns with SCI's governance practices and regulatory requirements.