The Appointments Committee of the Cabinet (ACC) has signed off on the proposal to appoint Captain Binesh Kumar Tyagi as the new chairman and managing director of Shipping Corporation of India Ltd (SCI). The appointment is for five years from the date of assumption of charge of the post, or till the date of his superannuation, or until further orders, whichever is the earliest, according to an office order issued by the Department of Personnel and Training.
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Captain Tyagi is currently the director looking after the liner and passenger services division at SCI which is in the process of being privatised by the government. Captain Tyagi graduated from Meerut University and joined SCI in 1990 as a trainee nautical officer and sailed on board various ships in different ranks including as master. In 2004, he came onshore and served in the technical, vetting, chartering and fleet personnel departments.
The Shipping Corporation of India is a government corporation that operates and manages vessels servicing both national and international lines. It is under the ownership of Ministry of Shipping, Government of India, with its headquarters in Mumbai.
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