The INTEROCEAN group was launched by Captain Kailash C. Saigal in 1961 with the formation of INTEROCEAN SHIPPING COMPANY as a Ship Broking house. After years of success in the industry, more family members joined the group and diversified the group's activities into various other shipping related services which are being carried by the following companies:
INTEROCEAN SHIPPING COMPANY
INTEROCEAN SHIPPING INDIA PRIVATE LIMITED
INTEROCEAN PROJECTS PRIVATE LIMITED
INTEROCEAN SURVEYORS PRIVATE LIMITED
INTEROCEAN NAVIGATION LIMITED
INTEROCEAN TOURS & TRAVELS
INTEROCEAN FOUNDATION
The Group’s corporate office is based in New Delhi with branches spread along the Indian and Sri Lankan coastline. A list of contact details of all our offices is enclosed herewith.
All above mentioned companies operational issues are independently and directly handled by the their respective Management, without any interference or influence of the other group companies. The Group of Companies collectively employs over 700 personnel and is active in:
• Consultancy Services
• Container Freight Forwarding
• Crewing and Management
• Marine, Industrial and Insurance Survey
• Non Destructive Testing
• Oil Exploration and Drilling
• Power Projects
• Ship Agencys
• Ship Broking (Dry cargo, Tanker, Sale-Purchase & Demolition)
• Supply of Ship Spares
• Travel Services
CONSULTANCY SERVICES
Our complement of experienced Senior Executives comprising of Master Mariners and former senior management of relevant Government Undertakings (Ports etc.) who hold a wealth of knowledge; is able to provide reliable and proficient Consultancy, Project Reporting etc. to various commercial sectors including the Shipping Industry
Areas of consultancy offered are :
• Voyage calculation and comprehensive guidance for Ship Operation. Inputs are also drawn from our Ship Broking, Ship Agency, Ship Management, Survey and other divisions so as to execute the business successfully ;
• Formation of Shipping Companies, feasibility reports, economic projections, financials, etc. ;
• Representation of foreign vendors for negotiating supply contracts with Indian companies including Government undertakings ;
• Project Development ; Marketing Surveys ; Research & Data Compilation
CONTAINER FREIGHT FORWARDING
Even though a relatively young division in the Group, we are fast gaining support and success in Container Freight Forwarding. The division provides ocean freight products both basis LCL and FCL duly supported by a competitive tariff structure
CREWING AND MANAGEMENT
We are involved in crewing and management services for various clients and supply officers and crew for all types of vessels.
In addition to providing marine personnel for sea going vessels, we are also active in management of Offshore Marine Crafts and other support and service vessels being used for Oil and Gas Exploration, Drilling and ProductionMARINE, INDUSTRIAL AND INSURANCE SURVEY
This division conducts surveys on behalf of various principals including Manufacturing Industries, Ship Owners and Underwriters located in India and overseas. Our experienced team comprising of Master Mariners and engineers are fully equipped to conduct all types of surveys. They conduct hull & machinery surveys and cargo inspections on behalf of Ship Owners, Charterers, Shippers, Receivers, Underwriters and Average Adjusters. Where required, we can make available Port Captains and Superintendents to attend to vessels at any port east of Suez
Empanelled with the four subsidiaries of General Insurance Corporation, we also perform technical surveys for local insurance companies as well as correspondents of foreign underwriters. These include loss assessment, risk inspection and surveys for insurance claims filed under marine, engineering, fire and other insurance policies.
NON DESTRUCTIVE TESTING
We provide an extensive range of Non Destructive Testing services for radiographic examination of machinery, components, storage tanks, pipes and vessel weld joints, semi-submersible and submersible pipelines
Our range of services include :
• Radiographic Testing (RT)
• Ultrasonic Testing (UT)
• Ultrasonic Thickness Gauging for Corrosion Checks by ‘D Meter'
• Magnetic Particle Testing
• Stress Relieving
• Liquid Penetrant Testing (LPT)
However, depending on our client’s specific needs, other kinds of inspection / testing, like visual inspection may also be performed by our team of expert Radiographers operating out of our offices spread across India.
Our list of clients includes reputed domestic and international industries, accrediting agencies, oil companies, Government undertakings, etc. with whom we have been associated for decades.
OIL EXPLORATION AND DRILLING SUPPORT
We have been involved in the Indian Oil and Gas Exploration industry ever since ONGC commissioned it’s first commercial oil exploration at Bombay High. Being instrumental in the purchase and deployment of their first drill ship “THE DALMAHOY”, we have since maintained a close association with ONGC and other Indian Government agencies engaged in oil and natural gas exploration.
We service the requirements of Owners of drilling platforms, manufacturers of oil field equipment and simulation software as well suppliers of other related equipments and services. We also provide shore and on-board support to various semi-submersible and jack up drilling rigs and conclude charters of anchor handling supply vessels for ONGC
Additionally, we have been involved on behalf of our principals in the supervision and survey of the construction of new building multi-purpose supply vessels in India and Overseas.
This division also represents global manufacturers of oil field equipment and specialized consultancy services in providing laboratory equipment, computer software and arranging training for oil industry technicians in Canada.
POWER PROJECTS
A constant rise in population figures, pollution levels and cost of mineral fuels has created an urgent need for establishing renewable sources of energy. Wind Energy Generators are a cost effective and environment friendly source of power.
Interocean operates seven such projects in Tamil Nadu, Maharashtra and Rajasthan with plans to install more of these generators in the future.
SHIP AGENCY
As ship agents, we annually attend close to 2000 port calls on behalf of our list of reputed clients including domestic and foreign Owners and Charterers. Our services include husbandry, liaison with authorities, Charterers’ protective agency or any other services that may be required pertaining to the vessel’s port stay.
The extensive network of port offices owned by us (no Sub Agents) are manned by professional staff and commercial executives of vast experience who are fully conversant with local requirements. They maintain close co-ordination with port and custom authorities, shippers, receivers, stevedores, etc. All communications and documentation are efficiently handled so as to achieve a quick turnaround for the vessel.
In house training and pre-induction deputation to other commercial departments within the organisation gives our operations executives useful knowledge of relevant Charter Party clauses which enhances their understanding of the principal’s expectations from a Ship Agent. We also maintain an extensive database of information relating to Indian & Sri Lankan ports and their cargo patterns basis which we may assist our principals with queries they present
SHIP BROKING
Pioneers in Indian Ship Broking, we continue to lead the industry over the past five decades with innovative systems and constant up-gradation of technology.
A rapid increase in shipping movements has created a demand for specialised service for our domestic and foreign clients thus in order to cater successfully to the principals’ customised needs, the Ship Broking department is divided into three divisions namely Dry Cargo Chartering, Tanker Chartering and Sale - Purchase & Demolition Broking.
These divisions act as exclusive or competitive brokers on behalf of principals and are further split into cargo or tonnage specific desks which facilitates prompt and efficient responses to all enquiries received. Each of these desks consist of trained brokers rendering quality services to their respective principals.
Prior being assigned the profile of a Ship Broker or Post Fixture Operations executive, the individuals are exposed to our relevant port offices or the agency division in the Head Office. This enables them to understand vessel and cargo operations as well as appreciate the relevance of crucial Charter Party clauses.
Access to our centralized database enables us to guide principals with any information they may need during the negotiations.
Interocean is a Founder Member on the panel of Ship Brokers established by The Chief Controller of Chartering, Ministry of Shipping ( popularly referred to as TRANSCHART ). Several private and a majority of the Indian Government Charterers channel the fixing of tonnage for their import and export cargoes through TRANSCHART. These cargoes range from fertilizers, grains, ores, coal, minerals, general cargo, clean & dirty petroleum products, chemicals, gases and other liner shipments.
DRY CARGO CHARTERING
The division operates as brokers for cargoes and tonnage ranging from 5,000 up to 150,000 Metric Tons.
Our client list comprises Owners and Charterers from Indian Government and Private undertakings based in India and abroad. They own all types of dry cargo vessels as well as ship every perceivable cargo in a range of sizes.
TANKER CHARTERING
With a rapidly expanding Indian Tanker Fleet as well as a significant rise in import and export of petroleum and specialized products, a need has arisen for specialized broking for tankers, a field in which we have been leading for decades.
The tanker chartering division is divided into three cargo specific desks :
• Clean Petroleum Products
• Dirty petroleum Products
• Specialised Liquids
Clean :The clean desk works cargoes and vessels ranging from 5000 Metric Tons upto LR2 size and handles Indian import, export and coastal cargoes as well as other cargoes moving world wide. In addition, we work the clean tonnage owned by the Indian Owners.
Dirty :We are one of the most active Indian brokers for crude and fuel oil fixtures done by private Charterers as well as public sector undertakings such as BPCL, HPCL, IOC, MRPL, ONGC and SCI. In addition, we regularly work Indian tankers seeking employment. The sizes worked by this desk range from 10000 Metric Tons up to VLCC. We also work cargoes and tonnage of Foreign Oil Companies, Traders as well as Ship Owners and Operators.
Specialised :Growing demands of the increasing population as well as rapid industrialization, has made India very active in the import and export of Edible Oils, Chemicals and Gases, etc. Based on the close association we have with several Owners and Charterers of such specialized tonnage, we have been able to secure a substantial share of this business. The sizes of these shipments vary from 2000 up to 50000 Metric Tons.
NEW BUILDING, SALE - PURCHASE & DEMOLITION
The S&P team covers the New Building, Sale & Purchase and Demolition. Broking as well as Project Development requirements of our Clients who need to Buy or Sell Vessel(s) for Trading or Demolition. We deal with Numerous Ship Owners and Ship Broking houses, worldwide.
We are in close contact with various Shipyards and have successfully concluded contracts for New Building Tonnages.
On the demolition front, we have negotiated and sold many Scrap Vessels to Ship breakers, with whom we deal directly through our offices and staff at all the Breaking Yards. We also deal with prominent Cash Buyers for quick deliveries both "as is" and "delivered" basis.
SUPPLY OF SHIP SPARES
The procurement of good quality used and unused ship board equipment is facilitated by Interocean’s wide spread presence in the demolition yards of Alang.
The spare parts are procured from the demolition sites and carefully inspected and certified at our stockyards in Alang, Kandla and Mumbai before being shipped worldwide.
Against specific requirements, we may also supply other good quality equipment such as bearing pairs, heat exchangers, fresh water generators, pumps, motors, anchors, chains, fire fighting equipment, communication / navigation equipment, deck equipment, other cosmetic fittings, etc.
Our team of technical experts present at the demolition yards have tremendous experience in this field and diligently source the best.
The port offices across the country assist in sourcing suitable and competitive products as well as to ear mark manufacturers or consumers of products to be traded. With inputs from the in house Ship Broking and Port Agency divisions, we are able to identify the trade patterns into and out of India as well as to establish the reliability, financial stability and available infrastructure of the Indian ‘buyer’ or ‘seller’. This proves to be a significant guiding factor for concluding business and avoiding wastage of time and resources.
-- >TRAVEL SERVICES
This division which is fully licensed by the Indian Government as well as accredited by IATA, caters to in-house travel requirements including those of our visiting guests. Additionally, it renders comprehensive travel related services i.e. reservations for air / rail / road transport, accommodation and sight seeing to business and holiday travellers with-in India and Overseas.
We are also in the process of developing Coastal Cruises in the near future.
The travel desk also provides specialized crew care services to On / Off Signing crew and officers for vessel’s calling Indian ports. Our trained executives arrange quick clearances and smooth transfers for the crew to join their vessels on time.
SOCIAL OBJECTIVES
The objectives of the Interocean Foundation are :
• To sponsor educational, vocational, technical and sports facilities in urban, rural and undeveloped areas ;
• To support and sponsor homes and institutions for upkeep, welfare and relief of the disabled, aged, orphans, widows, etc. ;
• To arrange cultural exchange programmes for inter-cultural understanding between different communities ;
• To sponsor charitable hospitals, dispensaries and health centers for the under privileged ;
• Relief and re-habilitation work in times of natural disasters, human tragedies, etc.
