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Ship Owning
 
Shreyas Shipping & Logistics Limited was incorporated as Private Limited Company in the year 1988, primarily to own and operate vessels for feedering of containers between Indian Ports and Internationally renowned container transshipment ports. It is a part of Transworld Group of Companies, which is promoted by Late R. Sivaswamy and family. The Group has a total of 25 years experience in the shipping industry. Shreyas Shipping and Logistics Ltd became first Indian Private sector container feeder operator and first Indian shipping company to get ISO 9002 for container ship and feeder service management. The first and only operator on the containerized coastal shipping trade.
Subsequent to this, the promoters inducted the vessel M.V. Orient Triumph as part of their equity participation in the project. This vessel was registered in India on 27th January 1994 and thereafter taken under our service. This vessel was later renamed M.V. Orient Prosperity.
Due Growth in overall EXIM volumes, increase in size of Main Line feeder vessels/wider coverage of ports, growth of domestic cargo by sea, Shreyas Shipping growth plan incorporated in line with future growth of feeder as well as domestic cargo movement by sea. Shreyas vessel acquisition was made in line with the trade growth and requirement which is given as under:
  • OEL Shreyas
  • OEL Trust
  • OEL Victory
  • Unity
The service activity of Shreyas Shipping & Logistics consists of following:
  • Common Feeder Carrier
  • Domestic Logistic Service by Sea Mode
  • Regional Services
  • Chartering
Containerization has emerged as an integral part of world trade and commerce, as it is an economical and efficient medium to facilitate the transportation of cargo between places. Due to this advantage, the concept of containerization has grown rapidly over the last decade all over the world including India. Further, with the series of liberalization measures taken by Government of India with particulars accent on exports, containerized trade has grown phenomenally in the recent past and shows positive signs of further growth.
Container Feeder Service covers carriage of containers of Main Line Container Operators from Indian Ports to proximal well equipped International Container Transshipment Terminals like Dubai, Khorfakkan & Jebel Ali in UAE, Colombo & Singapore. Shreyas pioneered the concept of Coastal feedering by connecting Kandla with JNPT and slowly connected all the ports on the West coast of India and established the feeder operation between two Indian Ports. Shreyas pioneered the concept of domestic cargo movement by sea between Kandla/Pipavav and south Indian ports like Cochin and Tuticorin.
Main Lines operating Global Container Liner Services in today's context rely exclusively on feeder container ships for connectivity of their containers to and from their vessels to all ports. As only few Indian terminals provides the facilities for operating main line vessels hence all other ports need assistance of feeder vessels to carry out the containerized trade.
The customers for Feeder Service are the Main Line Operators and their basis of selection of a feeder operator hinges on factors such as frequency of sailings, experience of feeder operator suitability of their vessels, and their integrity and consistency of operations. Shreyas being pioneers in Feeder Service in the Indian Subcontinent enjoy excellent rapport with almost all Main Line Operators in India.the pioneers in operating feeder services between the Indian Sub-Continent & the Arabian Gulf.
The need of feeder service was:
  • To bridge the gap and provide connectivity to all ports
  • Main line operators unable to service all ports due to size, cost and volume constraints
  • Feeder works as a gateway to conventional ports as well
  • High land transport cost demands more feeder connectivity between the ports in India
The continuous liberalization of International Trading related procedures by the Government of India and various sustained sops that are being given to the traders to maximize exports augurs very well for the future of containerized trade in India. This segment of Indian seaborne trade has shown remarkable and consistent growth over last 10 years.
 
Ship Owning