Scindia Lines Plans $122-Million Ship Building Program
United States Navigation, Inc., 17 Battery Place, New York, N.Y. 10004, general agent for Scindia Steam Navigation Co., Ltd., has announced a major three-year, $122,000,000 expansion program now being undertaken by their Indian principals.
The program, involving the construction of new vessels, would expand Scindia's 825,000- dwt capacity to over 1,000,000 dwt. Scindia presently operates a fleet of 47 ships including the recently acquired Jalabala, an 18,000-ton liner which was transferred to Indian registry after a time charter.
Mrs. Sumati Morarjee, Scindia Lines executive director, presided over the launching ceremonies for their newest ship, the M/S Jalavihar, at the Scott-Lithgow Shipyard in Scotland, a few months ago. Scindia has two other conventional cargoliners under construction in Europe.
Additionally, Scindia has ordered four 22,000-dwt mini-bulk carriers from the Visakhapatnam Shipyard in India, and a 20,000- dwt liner from Japan.