Containership charter market feels the ripples from trade tensions
The charter market for containerships is diverging in response to the many pressures on supply ...
Credit Shreyas Shipping and Logistics
In an early sign of supply chain transformation in India, niche feeder lines operating on coastal or regional short-haul routes have begun to modernise their tonnage, as government revises its ship-age policy.
Mumbai-based operator Shreyas has just acquired two mid-size second-hand containerships, of 2,872 teu and 2,553 teu, to upgrade its fleet after disposing of two aging 1998-built vessels, the SSL Chennai and SSL Kochi.
The move comes as, amid growing marine environmental concerns, the Directorate General of Shipping (DG Shipping), India’s maritime administrator, is ...
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