Shreyas to take fleet into double-digit territory

Shreyas to take fleet into double-digit territory

Mumbai: The board of Shreyas Shipping & Logistics, the Indian container feeder operator, has approved a plan to acquire four boxships ranging from 1,700 teu to 2,500 teu over a period of 18-24 months.

The details of acquisitions shall be made available once they are finalized.

Shreyas, part of Dubai headquartered conglomerate Transworld Group, currently operates a fleet of six vessels trading on the Indian coast.

Ramesh Ramakrishnan, chairman of Transworld Group, told Maritime CEO earlier this year, “Shreyas is always on the lookout for very specific vessel types to suit requirements on the coast.”

 

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.

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