Shreyas wins Indian steel mill contract

Indian boxline Shreyas Shipping and Logistics is moving into the breakbulk space, having clinched a deal with local steel mill, Rashtriya Ispat Nigam Ltd (RINL), to move products from its plant at Visakhapatnam to stockyards in Ahmedabad, Mumbai and Kochi.

Mumbai-listed Shreyas, the Indian shipowning unit of Dubai-based Transworld Group, has purchased a foreign-flagged multipurpose vessel to haul 225,000 tonnes a year to the three destinations. The ship is being reregistered to the Indian flag. A second MPP is set to be added to the fleet soon. Shreyas has 11 boxships in its fleet too.

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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