He was Assistant Vice President (HR Sea and Training) of Elektrans Shipping.
"Elektrans Group is pleased to announce the promotion of Capt Deepak Arora to Managing Director of Elektrans Shipping Pvt Ltd," the company said in a statement.
Arora will report directly to the Group CEO of Elektrans Group.
Last month, United Nations had blacklisted an oil tanker, Distya Ameya, managed by Elektrans Shipping, for carrying illicit crude oil from Libya.
The sanctions however were lifted later after the vessel returned the oil cargo to UN-authosried Libyan government.