Shreyas Shipping inks MOA to buy second hand container vessel

Shreyas Shipping & Logistics has signed a memorandum of agreement (MOA) for purchase of one second hand vessel of 1700 teu capacity at a cost of about Rs 22 crore. With the purchase of this vessel, the fleet strength increase to six.

Earlier in August this year, the company bought one second hand vessel of 1700 teu capacity at a cost of about Rs 33 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.