Shreyas adds another boxship

Shreyas adds another boxship

Shreyas Shipping & Logistics continues its fleet buildup with news that it has just signed a memorandum of understanding to buy a 1,700 teu containership from an unspecified party. The ship, for which no price has been revealed, will deliver in the third week of March and will operate on India’s domestic trades. It will take the Shreyas fleet to nine ships.

Shreyas, part of part of Dubai headquartered conglomerate Transworld Group, has made plain its aim to grow to more than 10 ships. It added three ships last year and has plans to enter the Bangladeshi trades soon.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts