Shreyas Shipping & Logistics has signed a Memorandum of Agreement (MOA) for acquisition of one multipurpose vessel of about 1100 teus. The delivery of the vessel is expected in first week of September 2017.
Earlier in June, the company had signed a Joint Venture Agreement (JVA) with Yokohama based Suzue Corporation of Japan wherein a Joint Venture Company (JVC) would be formed which will capitalize on the possibilities in international freight forwarding, customs clearance service, warehousing services, land transport services and other related logistic services with additional focus on land bank development for commercial purposes in Indian sub-continent and Japan.
Shreyas Shipping and Logistics was formed primarily to own and operate vessels for feedering of containers between Indian Ports and Internationally renowned container transshipment ports.
