India: Essar Shipping Introduces Newest Addition to Its Fleet MV Arun

Essar Shipping Limited (ESL) part of the Essar Group has, taken the delivery of MV “Arun”. This newest addition to Essar Shipping’s growing fleet, MV Arun, is a Mini Cape which is 253 metre long, 43 metre wide and has a cargo capacity of 105.000 DWT.

Essar Shipping has a total capex plan of USD 1 billion out of which USD 600 million is for acquiring 12 vessels and approx. USD 450 million is for acquiring two jack up rigs.

On taking delivery of second Mini cape, Mr A. R. Ramakrishnan- Managing Director, Essar Shipping Limited said, “The delivery of second Mini Cape further strengthens our fleet. This is in line with our plan to acquire vessels that carry larger parcels at economic costs and suits Indian conditions. In line with its policy to acquire vessels backed by cargo, MV Arun has already been deployed for transportation of coal from Australia.”

With its uniquely designed hull to ensure larger carrying capacity with minimal draft requirements, ESL is confident that these uniquely designed MiniCape vessels will make trade to the Indian coast more economical and cost effective for clients in the Power, Steel and other core sectors.

The vessel is fully compliant with International Maritime regulations in force as on date. ESL is proud to include this modern, efficient and environment friendly Mini Cape vessel in its growing fleet of Bulk Carriers.

Essar Shipping continues to serve its customers efficiently with a fleet comprising of VLCC (Very Large Crude Carrier) tankers, Capesize vessels, Supramaxes, mini bulk carriers and other. The fleet capacity will rise significantly to 2.6 million DWT after completion of induction of all the 12 vessels.

Shipbuilding Tribune Staff, February 28, 2012; Image: essar

Share this article

Follow World Maritime News

Posted on February 28, 2012

In Depth>

Events>

<< Sep 2016 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

MARINE VIETNAM 2016

MARINE VIETNAM 2016 is the only specialized Shipbuilding and Maritime event in Vietnam that brings together an international congregation…

read more >

Arctic Shipping Forum North America

The ASF Arctic Shipping North America 2016 Innovation Award will be presented to a company or individual that has developed an innovative idea…

read more >

Singapore International Bunkering 2016

SIBCON 2016 will be about perspectives, conversations, dialogue, and above all networking. With all discussions under Chatham House rules…

read more >

TOC Americas

TOC (The Terminal Operations Conference) has long been considered best in class by container terminal operators and their suppliers. Over time, TOC has evolved and whilst they continue to deliver the highest quality technical content in line with their heritage, they also recognise that they must now hear from stakeholders higher up the cargo chain. Therefore, there are now two distinct elements to the event:

The exhibition is a showcase for port & terminal technology and operations plus TECH TOC, the free to attend technical conference aimed at terminal operators and their suppliers. Many suppliers come together to showcase cutting edge solutions to their clients, the terminal operators and ports.

More recently, the events now placed a new focus on the container supply chain making them the premier business and networking event for the stakeholders, including shippers, carriers and 3pl’s as well as the global operators and port authorities. This conversation takes place in the more recently created Container Supply Chain Conference.

More info

read more >