Shreyas Shipping inks MoU for acquisition of one container vessel

Shreyas Shipping & Logistics has signed a Memorandum of Understanding (MoU) for acquisition of one container vessel of 1700 teus. The delivery of the vessel is expected in the third week of March, 2016. With this acquisition, the company will own a fleet of 9 vessels. The new vessel shall be deployed on the Indian coast.

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.