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Incorporated in 1996, Sadhav Shipping Limited owns and operates marine assets to service ports, and coastal logistics, and provides other port maritime-related services.The company was previously known as Homa Offshore & Shipping Company Private Limited.
Sadhav Shipping secured a charter party contract with Lamprell Energy Ltd., UAE, for its vessel Adwita. Valued at approximately 11.54 Cr (USD 7,900/day), it provides offshore pipeline support services for up to 176 days.
Sadhav Shipping secured a Rs. 18.07 Cr contract from Mumbai Port Authority (MbPA) for charter hiring two Pilot Launches. The agreement spans an initial seven years, with an option for a three-year extension.
Sadhav Shipping won a 17.50 Cr contract from Jawaharlal Nehru Port Authority (JNPA) to provide 2 FRP pilot-cum-security launch boats. Execution is expected within 300 days.
Sadhav Shipping secured a 5-year contract valued at ₹4.67 Cr from Paradip Port Authority. The order, also a repeat, covers manning, operations, and maintenance for an Oil Spill Response facility and providing a work boat.
Sadhav Shipping secured a 3-year contract for ₹7.35 Cr from Chennai Port Authority. The order involves supplying 36 mooring personnel on a contractual basis.