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Shreyas Shipping acquiring new vessels

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[vc_row][vc_column][vc_column_text]Shreyas Shipping & Logistics Ltd has informed the Bombay Stock Exchange (BSE) that the company has signed a Memorandum of Understanding (MoU) for acquisition of one container vessel of 2,500 TEUs capacity. The delivery of the vessel is expected towards the end of February 2017.

With this acquisition, the company will own a fleet of 10 vessels. The new vessel shall be deployed on the Indian coast, Shreyas said in the communiqué.

It also informed that a Memorandum of Agreement (MoA) had been signed for the acquisition of one container vessel of about 1,100 TEUs, whose delivery is expected in first week of March 2017.[/vc_column_text][/vc_column][/vc_row]

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