Shreyas sends feeder boxship to scrap

Shreyas sends feeder boxship to scrap

Indian container feeder operator Shreyas Shipping & Logistics has entered into a memorandum of agreement for the sale of containership SSL Sagarmala.

According to VesselsValue, the 1989-built 570 teu vessel has been sold to a scrap yard in Bangladesh at a price of $400 per LDT.

In the meantime, Shreyas has taken delivery of three vessels, the 1,500 teu SSL Ganga, 4,200 teu SSL Brahmaputra, and the 650 teu SSL Balaji.

The SSL Brahmaputra, which was purchased in October, has become the largest vessel in Shreyas’ fleet.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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