Hat trick for the Transworld Group with back-to-back ship acquisitions

Shreyas Shipping and Logistics Ltd, the Indian-flagged shipping company of 46-year-old Transworld Group of Companies, a shipping and logistics conglomerate, has made headlines with the purchase of three container ships in just one week. The company’s rapid acquisition of the ships underscores its commitment to expanding its global reach and providing world-class services to its customers.

The three ships that were renamed SSL Godavari, SSL Kaveri And SSL Thamirabarani. The SSL Godavari has a capacity of 2,872 TEU (Twenty-foot equivalent units) while the SSL Kaveri And SSL Thamirabarani, have a Capacity of 2,553 TEU And 962 TEU. With 12 feeder ships and a total capacity of 26,085 TEU, it is the national leader in Indian container shipping. In addition, Shreyas Shipping also owns two handy bulk carriers with a total capacity of 69,000 DWT.

The addition of these vessels to Shreyas Shipping’s fleet will enhance the company’s capacity to meet the growing demand for Indian coastal shipping and logistics services. The company already has a strong presence in this region, including offices on the east and west coasts of India and neighboring countries.

comment on takeover, Ramesh S. Ramakrishnan, Chairman of Transworld Group, said: “We are delighted to acquire these three vessels which will further strengthen our position as a leading player in India’s shipping and logistics industry. Our investment in these ships reflects our commitment to providing the best possible service to our customers and we look forward to leveraging their capabilities to drive growth and expansion in the years to come.”

Taken together, these acquisitions represent a significant milestone for Transworld Group and underscore the company’s determination to remain at the forefront of the shipping and logistics industry. This strategic move by the Transworld Group of Companies is a testament to their vision and commitment to excellence in shipping and logistics. The company’s leadership, expertise and innovative solutions continue to set it apart in a dynamic and challenging industry and we as a group aim to increase our commitment to providing our customers with reliable and efficient maritime solutions that will help us grow to remain at the forefront of the industry and continue to provide exceptional service to our customers.

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