2003
SISL founded by highly experienced Indian Master Mariner.
Acquired 1st tanker.
2010
Acquired first MR size Tanker.
SISL’s deadweight capacity crossed 50,000 MT.
2016
Raised USD 12 Mn from Wayzata Investment Partners.
Acquired two Suezmax crude oil tankers.
Fleet size more than doubled in one year.
2017
Acquired first VLCC crude oil tanker.
Fleet capacity crossed 800,000 MT.
2018
Became the 3rd largest seaborne transportation company in India.
2019
Raised INR 2Bn of primary funding from Fairfax India Holdings, who also acquired Wayzata’s stake.
2020
Passed 1 million MT in deadweight capacity. Credit rating upgraded to CRISIL A/Stable.
2021
Passed 20 vessels in fleet size. Credit rating upgraded to CRISIL A+/Stable.
2022
Entered the LPG carrier segment acquiring one VLGC and one MGC.
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