Shreyas Shipping Bolsters Fleet with Vessel Trio

Business & Finance

Last week was very busy for Jebel Ali-based Transworld Group as the shipping and marine logistics conglomerate completed the acquisition of three ships.

Namely, the fleet of Shreyas Shipping, Indian-flagged ship owning unit of Transworld Group, was expanded with the Indian-flagged containership MV Hansa Langeland, built in 2003. The 1,581 TEU Handysize containership has since been renamed SSL Ganga.

On October 12, the company finalized the purchase of the MV Queens Quay from Germany’s ER Schiffahrt. The Panamax containership, also built in 2003, has since been renamed SSL Brahmaputra.

“The SSL Brahmaputra is our largest Indian flag vessel and is a sister vessel of the OEL Jumeirah,” Transworld said.

And finally, the latest vessel acquisition is MV Amsterdam, which has since been renamed SSL Balaji. The general cargo ship built in 2007 joins the Shreyas fleet as the second multi-purpose vessel after the SSL Sabarimalai.

In addition, Shreyas Shipping has sold a 1989-built Feedermax SSL Sagarmala for scrap to a breaking yard in Bangladesh, according to the data from Vesselsvalue. The ship is valued at USD 1.35 million.

The company’s fleet is comprised of 13 vessels, including 12 containerships and one small dry bulker vessel.

World Maritime News Staff