Madras Hardtools Ltd. is a general ship supplier based in Chennai, India, specializing in wire ropes, slings, lifting tackle, and rigging equipment with over 50 years of experience in heavy material handling.
The Sanmar Shipping Limited (SSL), promoted by Sanmar Group, was initially incorporated in 1994 as a shipping division of Chemplast Sanmar Limited and was later hived off into a separate company in 1998. The promoters have a stake of 99 per cent in the company. The Sanmar Group is engaged in the following business:
PVC/chlorochemicals
Speciality chemicals
Engineering
The company operates 5 bulk carriers and 3 product carriers, of which 1 product carrier and 1 bulk carrier are on bare boat demise cum charter, while the others are owned by the company.
The turnover of Sanmar Shipping Limited for FY1999-2000 was Rs. 1098.0 million.