Sical Logistics Ltd
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BSE Code:
520086
NSE Code:
SICAL
Business Profile
Business Profile
Incorporated in 1955, Sical Logistics (formerly South India Corporation Agencies) is promoted by M A Chidambaram and A C Muthiah. It is India?s leading provider of integrated multi-32modal logistics for bulk and containerized cargo port terminals, port handling, trucking and warehousing, ship agency, container freight stations, customs agency and offshore supply logistics. It has five distinct groups (logistics, marketing, manufacturing, agro and engineering), engaged in the shipping, stevedoring, ship chartering, ship repairing, marine engineering, marketing, clearing and forwarding business, etc. SICAL is headquartered at Chennai, India.
SICAL?s delivery network includes a walk-in berth at Chennai for ships carrying bulk cargo, 1.9 million square meters of storage across 104 warehouses owned, a regularly contracted fleet of over 2,400 transport vehicles, and container freight stations at 4 locations across India. SICAL also manages and operates 17 offshore vessels for Oil and Natural Gas Corporation. SICAL has tied up with Coeclerici Logistics, an Italian major with a large presence in the Cape and Panamax sized markets.
Recent Developments
06-APR-09
The company inked a business transfer agreement for transfer of its drums division to Sicagen India.