Essar Shipping has inducted into its operations the third minicape -- mv Ishwari -- a Bulk Carrier of 105,000 Dead Weight Tonnage, being the third vessel in a series of six sister vessels.
Earlier in February, the company had inducted a new vessel in its diversified fleet, as part of $1 billion capital expenditure plan. Of the total $1 billion capital expenditure plan, $600 million is earmarked for acquiring 12 vessels and about $450 million is for two jack-up rigs.
Essar Shipping has an enviable track record of accident free/pollution free transportation. The company, through its operating track record of over 30 years has significant expertise in sea transportation and supply chain management services to steel industry, cement industry, refining industry, fertilizer industry and electricity generating companies.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 292.75 |
| GE Shipping | 1414.10 |
| Dredging Corp | 956.10 |
| Seamec | 1546.00 |
| Shreeji Ship.Global | 364.35 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: