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India’s shipping industry is a cornerstone of its trade and economic growth, connecting domestic and global markets. As a major maritime hub, India’s strategic location and expanding economy drive the demand for efficient shipping and logistics solutions.
In 2025, the top 10 shipping companies in India lead the sector with cutting-edge technology, sustainable practices, and diverse services, including bulk cargo transport, container shipping, and integrated supply chain management. These firms are pivotal to India’s logistics infrastructure and global trade presence, ensuring modernization and eco-friendly operations to meet growing demands.
List of Top 10 Shipping Companies in India
| Shipping Company | Turnover (₹ Crores) | Fleet Size (No. of Vessels) | Market Share (%) |
| Shipping Corporation of India (SCI) | 11,500 | 59 | 22% |
| Essar Shipping | 5,700 | 26 | 10% |
| Adani Ports and SEZ Ltd. (APSEZ) | 18,900 | 16 (ports managed) | 35% (port operations) |
| Allcargo Logistics Ltd. | 14,300 | 22 (container fleets) | 18% (container cargo) |
| Great Eastern Shipping Company | 9,800 | 45 | 15% |
| Shreyas Shipping and Logistics Ltd. | 3,600 | 14 | 8% (coastal shipping) |
| Transworld Group | 6,200 | 30 | 12% |
| JM Baxi Group | 7,500 | 20 | 10% |
| Varun Shipping Company Ltd. | 3,900 | 12 | 7% (energy logistics) |
| Seaways Shipping and Logistics Ltd. | 4,200 | 18 | 9% |
Notes:
- Turnover: Estimated for the financial year 2024-2025.
- Fleet Size: Includes owned and operated vessels (bulk carriers, tankers, container ships, etc.).
- Market Share: Represents the company’s share in its primary operating segment (e.g., coastal shipping, container logistics, etc.)
Let’s understand the companies more in detail.
1. Shipping Corporation of India (SCI)
- Established: 1961
- Headquarters: Mumbai, Maharashtra
- About the Company:
The Shipping Corporation of India is a government-owned enterprise and the largest shipping company in India. Its diversified fleet includes bulk carriers, crude oil tankers, container ships, offshore vessels, and passenger ships. SCI serves both international and coastal trade routes and is a key player in India’s shipping strategy. - Why on Top in 2025:
SCI remains dominant due to government support, its comprehensive fleet, and leadership in coastal and offshore shipping. Its focus on modernizing vessels and expanding services for offshore energy operations ensures its continued relevance.
2. Essar Shipping
- Established: 1945
- Headquarters: Mumbai, Maharashtra
- About the Company:
Essar Shipping, a subsidiary of the Essar Group, specializes in bulk cargo transportation, oil & gas logistics, and integrated project logistics. It manages a fleet of vessels catering to the energy and steel industries. - Why on Top in 2025:
Essar Shipping’s strategic integration with its parent company’s industrial operations ensures a steady demand for its services. Its focus on operational efficiency and global trade routes keeps it among the top players in India’s maritime industry.
3. Adani Ports and Special Economic Zone Ltd. (APSEZ)
- Established: 1998
- Headquarters: Ahmedabad, Gujarat
- About the Company:
Adani Ports is the largest port operator in India, managing key ports like Mundra, Dahej, and Hazira. Its services include container handling, multi-modal logistics, and port infrastructure development. - Why on Top in 2025:
Adani Ports leads due to its massive investments in port modernization, sustainable logistics, and expansion of multi-modal transport solutions. Its strategic acquisitions and growing global footprint cement its dominance.
4. Allcargo Logistics Ltd.
- Established: 1993
- Headquarters: Mumbai, Maharashtra
- About the Company:
Allcargo is a leading provider of multimodal transport services, including container freight, project logistics, and warehousing solutions. The company operates globally with a strong presence in more than 160 countries. - Why on Top in 2025:
Its focus on technology-driven operations, combined with strategic acquisitions, has positioned Allcargo as a leader in end-to-end logistics solutions. It remains a go-to provider for complex shipping requirements.
5. Great Eastern Shipping Company
- Established: 1948
- Headquarters: Mumbai, Maharashtra
- About the Company:
The Great Eastern Shipping Company is the largest private sector shipping firm in India. Its fleet includes crude oil tankers, gas carriers, and dry bulk carriers. The company has a reputation for reliable services in both Indian and international waters. - Why on Top in 2025:
Its focus on maintaining a modern fleet and leveraging long-term contracts with major industries has ensured consistent profitability and growth, making it a leader in the private sector.
6. Shreyas Shipping and Logistics Ltd.
- Established: 1988
- Headquarters: Mumbai, Maharashtra
- About the Company:
Shreyas Shipping is India’s pioneer in coastal container shipping. It provides seamless multimodal logistics services, connecting major domestic and international ports. - Why on Top in 2025:
Shreyas leads the coastal shipping sector due to its strong network, innovation in containerized cargo solutions, and support for India’s “Sagarmala” initiative to boost maritime trade.
7. Transworld Group
- Established: 1977
- Headquarters: Mumbai, Maharashtra
- About the Company:
Transworld Group offers a range of services, including container shipping, warehousing, freight forwarding, and multimodal logistics. The company operates across India, the Middle East, and Southeast Asia. - Why on Top in 2025:
Its diversified service offerings and robust presence in international markets have solidified Transworld Group as a key player in India’s maritime ecosystem.
8. JM Baxi Group
- Established: 1916
- Headquarters: Mumbai, Maharashtra
- About the Company:
One of India’s oldest shipping companies, JM Baxi provides port agency services, bulk shipping, and end-to-end logistics solutions. Its expertise spans over a century. - Why on Top in 2025:
With a rich history and continuous adaptation to industry trends, JM Baxi maintains its leadership by investing in technology and expanding its service portfolio across India.
9. Varun Shipping Company Ltd.
- Established: 1971
- Headquarters: Mumbai, Maharashtra
- About the Company:
Varun Shipping focuses on niche markets, including LPG carriers, crude oil tankers, and offshore support vessels. It plays a critical role in supporting India’s energy sector. - Why on Top in 2025:
Its specialization in energy logistics and strong track record in offshore services has enabled Varun Shipping to remain a trusted partner for oil and gas companies.
10. Seaways Shipping and Logistics Ltd.
- Established: 1989
- Headquarters: Hyderabad, Telangana
- About the Company:
Seaways offers a range of services, including freight forwarding, project cargo management, NVOCC operations, and custom clearance. It serves clients in India and abroad. - Why on Top in 2025:
Its ability to provide comprehensive logistics solutions, along with a strong focus on customer service, has earned Seaways a spot among the top players in the shipping industry.
Conclusion
The top 10 shipping companies in India for 2025 exemplify excellence in maritime and logistics services, serving as key enablers of the nation’s trade and economic growth. Their strategic focus on modernization, sustainability, and diversified service offerings has allowed them to stay ahead in a competitive global industry. From government-backed giants like SCI to private leaders like Adani Ports and Great Eastern Shipping, these companies cater to a broad spectrum of domestic and international needs.
Their resilience and adaptability, combined with investments in technology and infrastructure, ensure their continued relevance in an era of evolving trade dynamics. Together, they not only strengthen India’s position as a maritime hub but also contribute significantly to global commerce, making them indispensable to India’s economic progress and future aspirations.
Disclaimer: The article published based on the research and for information only. The list will be updated on regular basis and only after available data publically. You should do your own research before taking any decision on this data.
FAQs
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What are the key ports in India?
- Jawaharlal Nehru Port (Nhava Sheva): Largest container port in India.
- Mumbai Port: One of the oldest and busiest ports.
- Chennai Port: Key hub for exports and imports in South India.
- Visakhapatnam Port: Major bulk cargo and industrial goods handler.
- Kandla Port (Deendayal Port): Significant for oil and petroleum products.
A product manager with a writer's heart, Anirban leverages his 6 years of experience to empower MSMEs in the business and technology sectors. His time at Tata nexarc honed his skills in crafting informative content tailored to MSME needs. Whether wielding words for business or developing innovative products for both Tata Nexarc and MSMEs, his passion for clear communication and a deep understanding of their challenges shine through.
