MoneyWorks4Me

Shreyas Shipping & Logistics sells its vessel ‘M V Unity’ for Rs 17.30 crore

12 May 2014 Evaluate

Shreyas Shipping & Logistics has sold its vessel ‘M V Unity’ for a consideration of Rs 17.30 crore. The company has also signed a Memorandum of Agreement (MOA) for purchase of one second hand vessel of 1613 TEU capacity at a cost of about Rs 27 crore.

Shreyas Shipping & Logistics, a Transworld Group of company, was incorporated primarily to own and operate vessels for feedering of containers between Indian ports and internationally renowned container transshipment ports.

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