Shreyas Shipping Boosts Fleet Capacity

Shreyas Shipping and Logistics Ltd, India’s coastal container operator and part of global conglomerate Transworld Group, has taken delivery of two container ships taking its fleet to eight units.

“Shreyas is proud to add 37,597 GRT to Indian tonnage and also to its own existing GRT of 98,696 to raise the total fleet strength to eight Indian flagged container ships of 13,6293 GRT,” said Ramesh S. Ramakrishnan, Chairman and Managing Director of Shreyas.

The two vessels are SSL Bharat of 29,383 GRT and 2,959 TEU capacity, which was delivered at Jebel Ali, Dubai, United Arab Emirates on 16th July, 2015 and SSL Chennai of 8,214 GRT and 700 TEU capacity taken delivery of the fleet at Port-Kelang, Malaysia on 14th July 2015.

“Shreyas plans to operate both newly acquired vessels on the Indian coast thereby plying all its eight container vessels, with a total capacity of 11,954 TEUS and 1,68,406 DWT, for coastal shipping, thus helping to raise container service across Indian coast to a new level and service the needs of domestic as well as Exim transshipment trade on the Indian coast,” added Ramakrishnan.

SSL Bharat will be deployed on the existing PIX2 service along with SSL Mumbai and SSL Guajarat on a weekly service frequency between Mundra – Tuticorin – Kattupalli – Vizag – Tuticorin – Cochin – Jebel Ali – Mundra.

SSL Chennai will be deployed as a feeder support vessel for PIX2 service along with SSL Sargamala on the North -Eastern region on a service rotation of Vizag – Kolkata – Chittagong – Vizag. The service will cater to the trade requirement of coastal containerised cargo movement between India and Bangladesh as well as Exim transshipment through Vizag.

Shreyas announced earlier this year plans to acquire four container ships in a span of 18 to 24 months. With this fleet enhancement, two ships have now been acquired and two more ships are planned for acquisition in the next one year.

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