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| Balaji Shipping Lines to start Oman service from India |
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| PTI Mar 30, 2012, 04.52PM IST |
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| Dubai: Balaji Shipping Lines FZCO (BSL), part of the Transworld Group of companies, said it will start their direct service to Sohar Port in Oman from Mundra port in Gujarat beginning next month. |
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| The company's shipping service, called AGS, had started its operations in 2011 and provides customers with connections between the Indian sub-continent, Saudi Arabia and Iraq via UAE's Jebel Ali. |
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| Click here to view complete details |
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| Source: The Economic Times |
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| Mr. Vinay Kshirsagar makes it yet again to CFO Roll Of Honour for the Year 2012 - |
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| Source: www.cfoinstitute.com |
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| 2012, An Year of Opportunities for Shipping Industry, says Capt. Bharat on Exim India - |
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| Source: Exim India |
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| Relay Shipping Agency Awarded with the Top Steamer Agent of Cochin, India for the year 2011 - |
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| Balaji Shipping Lines FZCO to launch New AGS Service to Umm Qasr, Iraq from Jan 26th 2012 |
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| We are extremely pleased to announce the launch of BSL's upgraded AGS service to Umm Qasr-Iraq. |
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| Iraq's political scenario continues to be challenging, but trade and commerce is expected to boom from 2012 onwards. There was a strong need expressed by the trade to have a "trusted and reliable" carrier who is willing to partner in the transport chain and provide two-way transparent information in difficult markets. Its not a surprise, that BSL was the first name that came to mind. We at the Transworld Group & BSL have always been convinced about the important role of Jebel Ali in the Middle East Logistics scenario. Our network of in-house and strong local offices/partners ensures that customers always receive top-class service in the toughest of markets. |
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| The launch of this new and upgraded AGS service from Jebel Ali to Umm Qasr shall provide a reliable and dedicated highway for our customers. The service also includes calls from Mundra and Dammam thus providing customers with multiple export/import points. |
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| Jebel Ali Gateway: |
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| DP World - Jebel Ali is ideally positioned to be the critical hub for traffic into Umm Qasr - Iraq. With continuously upgraded facilities and state-of-the-art infrastructure, Jebel - Ali is geographically perfect for smooth flow of both transhipment and logistics / 3 PL operations. With a growing economy and GDP projected to be above 9% in 2012, Iraq is expected to source their requirements from the neighbouring countries in the Indian Sub-Cont, Colombo, Karachi and Saudi Arabia. In addition, a large share of the Far-east traffic is expected to seek routing via Jebel Ali. |
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| Mundra Gateway: |
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| The Port of Mundra is located in the Kutch district of the state of Gujarat and lies on the north shores of the Gulf of Kutch. It is one of the closest ports to the huge hinterland of northern and central India which comprises Rajasthan, Haryana, Delhi, Punjab, Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Madhya Pradesh and Uttar Pradesh, accounting for about 2/3 of India's cargo. The port has excellent in-land connectivity thru rail track, road network, airport and cross country pipelines. The AGS service would be the first direct call between Mundra, Dammam & Iraq enabling the Indian exporters to have a regular highway for their products overseas. |
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| Dammam Gateway: |
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| King Abdul Aziz Port, Dammam, is the principal port of Saudi Arabia in the Gulf and is located approximately mid-way along the Eastern Coast. King Abdul Aziz Port is the main gateway through which cargoes from all over the world enter the Eastern and Central Provinces of the Kingdom. It is strategically placed to service the requirements of the oil industry, the continuous development of Riyadh, the capital, and the major provincial cities in the Eastern and Central Provinces. The AGS service would be the first direct call between Dammam port and Iraq enabling the Saudi Arabian exporters to have a regular highway for promoting their products into Iraq. |
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Apart from the carriage of dry cargo, BSL now provides customers with a dedicated reefer cargo highway as well.
This dedicated reefer high-way is another first from BSL !! |
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| BSL will constantly serve the ever-growing needs of our customers and promises to continue with upgrades in line with the trade requirements. We look forward to your support and patronage, without which our presence in this region for over 25 years would not have been possible. |
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| Click here to view complete details |
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Balaji Shipping Lines FZCO launches regular AGS Liner Shipping Services
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| Balaji launches regular AGS Service, commencing from October 2011. It will provide our customers with a reliable connection between the Indian Sub Continent and Saudi Arabia, via the leading Regional hub of Jabel Ali - UAE. |
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| Service highlights: |
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Combi Vessel accepting both General & Containerised Cargo |
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Guaranteed Space for All types of Categories - Dry, Reefer, OOG & Special Projects |
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| Click here to view complete details |
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| Transworld Group has once again bagged 3 Coveted awards at MALA 2011. (Maritime & Logistics Awards 2011) |
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| The Awards: |
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| Mr. Ramesh Ramakrishnan |
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as Winner of the 'Maritime Personality' Of the Year 2011 |
| Balaji Shipping Lines FZCO |
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as Winners in the 'NVOCC of the year' category |
| Shreyas Shipping & Logistics Ltd. |
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as Winners in the 'Shipping Line of the Year - Coastal Operator' category |
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| The event held on September 30, 2011 at Mumbai has been confirmed to be a runaway success with awards been given for 46 various categories. |
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| The Who's who of the Maritime industry were present at the function: right from the Policy makers to the Industry leaders. |
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| Mr. K. Mohandas, Secretary Shipping, Dr. S.B Agnihotri, Director- General Of Shipping, Mr. S. Hajara, CMD of Shipping Corporation of India (SCI) were among the various stalwarts who had presided over the occasion. |
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| Source: Exim News |
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| Clarion Solutions, a subsidiary of Transworld has started its operations at Nasik |
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| Mumbai SEPT 20, 2011. |
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Clarion Solutions, a subsidiary of Transworld has started its operations at the Air Cargo Complex:
Halcon ( A JV between HAL and Container Corporation of India - |
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| Source: Business Line |
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| Transworld Group has been nominated for MALA 2011 |
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| Transworld Group of Companies has been yet again nominated for the prestigious 2nd All India MALA 2011 (Maritime & Logistics Awards). |
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| Mala 2011 is scheduled to be held on Sept 30th 2011 at Vivanta by Taj President, Mumbai. |
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| Nominations are: |
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Orient Express Lines FZCO for Shipping Line of the Year - Feeder operator |
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Shreyas Shipping & Logistics Ltd. for Shipping Line of the Year - Coastal Operator |
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Transworld Group of Companies - Shipping Agent of the Year |
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Balaji Shipping Lines FZCO - NVOCC of the Year |
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Albatross Inland Ports Pvt. Ltd. - Emerging Container Freight Station of the year |
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| Last year Transworld Group had bagged three awards in the areas of the Best Shipping Line of the Year - Feeder and Coastal, & Best NVOCC of the year. |
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| The All-India Maritime and Logistics Awards (MALA) 2011, will witness the veritable who's who of the industry, from India and abroad, gathering for the function. Representatives from all segments of the cargo, maritime and logistics trade are also expected to be present in strength for this comprehensive acknowledgement of excellence in the sector, which will see nominees vie for awards in more than 40 categories. |
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| Transworld Group of Companies have won 3 Prestigious Awards |
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| "TRANSWORLD GROUP OF COMPANIES" have won 3 prestigious awards at the Maritime & Logistics Award event held on 30th September in Mumbai. |
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| These awards were presented on performance basis for financial year 2009-10 on criteria decided by a jury of stalwarts from the shipping industry. |
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| Transworld topped for |
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| Orient Express Lines FZCO |
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as Winners in the 'Shipping Line of the Year - Feeder Operator' category |
| Balaji Shipping Lines FZCO |
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as Winners in the 'NVOCC of the year' category |
| Shreyas Shipping & Logistics Ltd. |
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as Winners in the 'Shipping Line of the Year - Coastal Operator' category |
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| Source: The Economic Times |
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| Alphaliner's Top 50 box shipping giants |
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| Alphaliner's Top 50 container lines are: |
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APM-Maersk - 2,124,326 TEUs, up by 4 per cent; |
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MSC - 1,752,229 TEUs, up by 28 per cent; |
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CMA CGM - 1,168,395 TEUs, up by 21 per cent; |
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Evergreen - 613,966 TEUs; |
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APL - 607,514 TEUs, up by 31 per cent; |
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Hapag-Lloyd - 585,318 TEUs, up by 16 per cent; |
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CSAV - 539,313 TEUs, up by 92 per cent; |
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Cosco - 527,675 TEUs, up by 9 per cent; |
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CSCL - 469,635 TEUs, up by 9 per cent; |
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Hanjin - 465,521 TEUs, up by 24 per cent; |
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MOL - 390,875 TEUs, up by 4 per cent; |
| 12) |
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NYK - 384,152 TEUs; |
| 13) |
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Hamburg Süd - 359,274 TEUs; |
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OOCL - 358,888 TEUs, showed zero growth; |
| 15) |
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Zim - 329,803 TEUs, up by 10 per cent; |
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"K" Line - 323,238 TEUs, up by 6 per cent; |
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Yang Ming - 319,241 TEUs, up by 8 per cent; |
| 18) |
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Hyundai MM - 282,272 TEUs, up by 12 per cent; |
| 19) |
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PIL - 250,582 TEUs, up by 36 per cent; |
| 20) |
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UASC - 212,116 TEUs, up by 55 per cent; |
| 21) |
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Wan Hai - 175,987 TEUs, up by 22 per cent; |
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HDS Lines - 100,430 TEUs, up by 4 per cent; |
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MISC Bhd - 80,288 TEUs; |
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TS Lines - 77,029 TEUs, up by 87 per cent; |
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Sea Consortium - 57,365 TEUs, up by 1 per cent; |
| 26) |
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CCNI - 55,857 TEUs, up by 13 per cent; |
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RCL - 52,454 TEUs, down by 9 per cent; |
| 28) |
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Grimaldi - 50,271 TEUs, down by 12 per cent; |
| 29) |
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KMTC - 46,267 TEUs, up by 19 per cent; |
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SITC - 38,300 TEUs, up by 16 per cent; |
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STX-Pan Ocean - 37,977 TEUs, up by 116 per cent; |
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Matson - 36,514 TEUs, up by 16 per cent; |
| 33) |
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Seaboard Marine - 36,066 TEUs, up by 2 per cent; |
| 34) |
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UniFeeder - 35,667 TEUs, up by 30 per cent; |
| 35) |
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Scholler Group - 34,224 TEUs, up by 1 per cent; |
| 36) |
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Horizon Lines - 34,150 TEUs, up by 4 per cent; |
| 37) |
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NileDutch - 33,392 TEUs, up by 22 per cent; |
| 38) |
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Emirates - 32,310 TEUs, up by 14 per cent; |
| 39) |
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Sinotrans - 29,409 TEUs, up by 70 per cent; |
| 40) |
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Arkas Line - 29,207 TEUs, down by 10 per cent; |
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Samudera - 28,289 TEUs, down by 2 per cent; |
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The Shipping Corporation of India (SCI) - 27,503 TEUs, up by 57 per cent; |
| 43) |
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Hainan POS - 26,049 TEUs (new); |
| 44) |
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Swire - 25,985 TEUs, down by 32 per cent; |
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Grand China Shipping - 22,286 TEUs (new); |
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Linea Messina - 21,321 TEUs, down by 5 per cent; |
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Sinokor - 21,276 TEUs, zero growth; |
| 48) |
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Crowley - 19,995 TEUs, up by 8 per cent; |
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OEL/Shreyas - 19,835 TEUs; |
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Turkon Line 18,325 TEUs, up by 30 per cent. |
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| 5 newcomers, 5 drop out of Top 50 |
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| Despite the worst recession, most of the top container shipping lines maintained their position in the Top 50, according to Alphaliner. |
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| There have been no major bankruptcies. Consolidation activity has also been limited, with only two mergers taking place in the last 24 months - both relatively small acquisitions of feeder operators, it reported. |
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| There were five new entries into the Alphaliner Top 50 in the last 24 months, the biggest being China's state-owned Hainan PO Shipping and Grand China Shipping, with backing from Hainan provincial interests. |
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| Hainan PO has been aggressive since it started operations in January 2009, building a fleet of 16 containerships, totalling 30,000 TEUs on routes in China, South-East Asia, Australia and the US. |
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| Five carriers dropped out of the Top 50 league. Among them were Maruba-CLAN, United Feeder Services, Delphis, Heung-A and Fesco. But they are still operating. |
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| Of the 13 carriers that have quit the liner trades since 2008, only one was from the Top 50: Shandong Yantai International Marine Shipping (SYMS) was ranked 44th before it ceased trading in August 2008. A part of SYMS’ fleet was taken over by Grand China Shipping. |
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| Some of the smaller operators in the Top 50 list have been less affected by the global downturn with a few reporting profits in 2009. |
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| Aarhus-based Unifeeder leads this group with an operating profit of 42.7 million euros ($ 55.8 million) in 2009. |
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| Source: Exim News Service |
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| Transworld has formed a strategic partnership with Japan's Suzue Corporation |
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| As a result of the agreement, which was signed at Suzue's headquarters in Yokohama, both parties will represent each other's freight forwarding and logistics services in their respective operating countries. |
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| Transworld is proud to partner with an industry leader such as Suzue and look forward to growing this relationship between the two groups in the coming years. |
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| Suzue operates twenty bonded warehouses, with 196,000m2 of storage capacity in Japan. In addition, the company is a joint venture partner with Singapore's PSA and operates a cold storage facility in Singapore. |
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| At the signing function were Ramesh Ramakrishnan (chairman of Transworld Group) and Takahiro Suzue (chairman of Suzue Corporation), in addition to L. B. Culas (managing director of Transworld Group - second from right in the first photo) and Warren Jacob (CEO of Transworld Logistics - first from right in the first photo), along with the management team of Suzue Corporation. |
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| Transworld Logistics FZE |
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| Transworld Logistics handled a special project on Collection of Gas Turbine & Accessories |
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Transworld Logistics handled a special project on Gross Weight 18,000 Kgs Collection of Gas Turbine & Accessories, which was exported from
Sweden to Jebel Ali. |
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| Transworld Logistics has consistently expanded its customer base in the Middle East |
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| Transworld Logistics has consistently expanded its customer base in the Middle East ever since it opened a US$12.25 million warehouse in Jebel Ali Free Zone a couple of years ago. Amongst its highlights of the year was a complex project that involved more than 55 paintings for the 'Jamm Art & Beyond' auction in Kuwait, which were shipped by Arte Compass, the fine arts division of Transworld Logistics. The delicate pieces, which required temperature-controlled storage and specialist handling, arrived from various countries in the US, Europe and Middle East. "We have experienced a great deal of success in 2010, and this contract with Jamm Art & Beyond was definitely a move in the right direction for our fine arts division. This shipment was |
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| completed to the full satisfaction of our client and we have already signed a few more projects for later this year," states Warren Jacob, CEO of Transworld Logistics. |
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| Also this year, Transworld Logistics was awarded a two-year contract with ENOC International Refining & Marketing and ENOC Processing Company. Under the agreement, the Dubai-based company will provide a range of freight forwarding and clearing services from its central warehouse in Jebel Ali Free Zone. "We are leveraging our strengths and expertise in managing business for oil companies in the United Arab Emirates and are delighted to add ENOC to our prestigious list of customers," adds Jacob. |
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| Source: Arabiansupplychain.com |
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| Transworld Logistics awarded ENOC contract |
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| Transworld Logistics has been awarded a two-year contract with ENOC International Refining & Marketing and ENOC Process Company. |
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| Under the agreement, the Dubai-based company will provide a range of freight forwarding and clearing services from its central warehouse in Jebel Ali Free Zone. |
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| "We are leveraging our strengths and expertise in managing business for oil companies in the United Arab Emirates and are delighted to add ENOC to our prestigious list of customers," commented Warren Jacob, CEO of Transworld Logistics. |
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| Source: Arabiansupplychain.com |
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| Shell Markets Middle East (SMME) |
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| Shell Markets Middle East (SMME) has appointed Transworld Logistics to provide implants at its two terminals in Jebel Ali Free Zone and manage all imports and export activities. |
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| Transworld's transportation division has also approved for SMME trailer operations within the UAE. |
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| “We are excited to have secured this very prestigious account and have created a unit within us as Team Shell, which will be the face of Transworld to the business units of Shell,” explained Warren Jacob, CEO of Transworld Logistics. |
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| Source: Arabiansupplychain.com |
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| Transworld Logistics was appointed as the Official Service Provider to "JAMM Art & Beyond" |
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| Arte Compass the Fine Art's Division of Transworld Logistics was appointed as the Official Service Provider to "JAMM Art & Beyond" for the Fine Art's Auction held in February 2010, at Kuwait. In all, 55 paintings were exhibited at the event and, the sale exceeded expectations of the organizers. |
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| The pieces of Art were shipped in from USA, Europe and Middle East and were safely stored in a temperature controlled bonded facility and then moved to the venue for the sale. The repacking of every single piece of art to international standards and shipping back was also done by Transworld to the complete satisfaction of the Client. |
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| Source: An ITP Business Publication |
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| Balaji Shipping Lines FZCO |
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| Maritime and Logistics Awards 2010 won for best NVOCC. |
| 01.10.2010 |
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| Maritime and Logistics Awards 2010 won for best NVOCC. |
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| Source: Exim India |
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| Balaji Shipping Lines at Commonwealth Games 2010 |
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| Global Trade to rise by 13.5% |
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| 22.09.2010 |
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| The World Trade Organisation yesterday raised its trade growth projection for 2010 to 13.5% based on 'Faster than expected recovery'. |
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| Source: Gulf News |
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| Shreyas Shipping & Logistics Ltd. |
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| CFO India awards Mr. Vinay Kshirsagar for Exceptional contribution to Corporate Finance (Size - 48.1 KB). |
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| Shreyas Shipping places order for 50 trailers with Tata Motors |
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| Shreyas Shipping & Logistics, a multi-modal, integrated logistics and shipping solutions provider, through its wholly owned subsidiary Shreyas Relay Systems (SRS) has signed a memorandum of understanding with Tata Motors for acquisition of 50 trailers. The company plans to invest Rs. 170 million at regular intervals for acquiring 50 trailers. The company mentioned that this is a part of plan to acquire 100 such trailers soon to emerge as India's preferred integrated logistics solutions provider. |
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| The trailers to be acquired by Tata Motors are new age vehicles with cutting-edge technologies. The fleets of trailers have GPS connectivity, providing real time information to the clients about cargo, container and other key aspects. |
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| Besides this, Shreyas has also sealed an agreement for a warehouse and domestic cargo distribution center at Tuticorin. The facility at Tuticorin will be operational within the next few weeks. Shreyas Shipping & Logistics has also firmed up plans for establishing similar facilities at Mundra and Cochin almost immediately. |
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| Shreyas, through the acquisition of trailers along with establishing warehouse and domestic cargo distribution centers at strategic locations, is supporting its forward integration initiatives with a vision of offering end-to-end logistics solutions to its customers. |
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| Commenting on the occasion, S. Ramakrishnan, chairman and managing director, Shreyas Shipping & Logistics said, "This is in-line with our long term vision of being the most reliable, integrated logistics solutions provider in the country. Tata Motors, a hallmark of reliability itself, is a perfect fit as our partner towards this. We look forward to a sustained relationship with one of India's most respected companies." |
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| Shares of the company declined Rs 2.25, or 4.81%, to settle at Rs 44.50. The total volume of shares traded was 11,753 at the BSE (Wednesday). |
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| Source: IRIS |
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| Press Releases |
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| Shreyas Presentation for the year 2010 (Size - 632 KB). |
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| Press Release, 30th September, 2010 (Size - 74.5 KB) |
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| Mr. Vinay Kshirsagar's Interview on ZEE Business - October 2010. |
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| Mr. Vinay Kshirsagar's Interview on CNBC Awaaz - October 2010. |
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| Shreyas Relay Systems Ltd. |
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| SRS in "Smart Logistics" May Issue |
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| SRS in Smart Logistics - May 2011 - A Live LLP Case Study |
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| Source: Smart Logistics |
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| Shreyas Relay Systems Expansion plan in Gujarat |
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| SRS Expansion in Gujarath makes the headlines : 12000 Sq ft of Warehouse space, 10 Trailers |
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Exim India - APRIL 25, 2011 |
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Alpaviram - APRIL 23, 2011 |
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Divya Bhaskar - Ahmedabad, April 23, 2011 |
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Divya Bhaskar - Mumbai, April 23, 2011 |
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Gujarat Pranam - April 23, 2011 |
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Rakhewal - April 23, 2011 |
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Akila - Rajkot, April 23, 2011 |
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Commodity World - April 22, 2011 |
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Divya Gujarat - April 22, 2011 |
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Gujarat Samachar - April 22, 2011 |
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Gujarat Shatabdi - April 22, 2011 |
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Gujarat Today - April 22, 2011 |
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Gujarat Vaibhav - April 22, 2011 |
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Herald Young Leader - April 22, 2011 |
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Jai Hind - Rajkot, APRIL 22, 2011 |
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Jai Hind - Ahmedabad, APRIL 22, 2011 |
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Janhitaishi - April 22, 2011 |
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Karnavati Express - April 22, 2011 |
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Kesari - April 22, 2011 |
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Marvad Mitra - April 22, 2011 |
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Metro Herald - April 22, 2011 |
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Pagdandi - April 22, 2011 |
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Prabhat - April 22, 2011 |
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Standard Herald - April 22, 2011 |
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Suryakal - April 22, 2011 |
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Western Times - April 22, 2011 |
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Young Leader - April 22, 2011 |
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| SRS in "Smart Logistics" April Issue |
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| "Multimodal Transportation Very Critical for Seam less Supply chain" says Mr. Varadarajan in Smart Logistics April Issue. |
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| Source: Smart Logistics |
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| Shreyas Relay Systems to deploy 100 GPS-fitted Trailers to offer multi-modal transportation |
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| Kochi, March 28: |
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Shreyas Relay Systems Ltd, part of Transworld Group of Companies, is set to deploy 100 GPS-fitted trailers in the market to
offer multi-modal transportation and has signed an MoU with Tata Motors to purchase 50 trucks. It has already deployed 10 trucks in Gujarat and another 10 will be deployed in Tamil Nadu and Kochi by the first quarter of next fiscal, Mr. S. Varadarajan,
Chief Executive Officer, SRS, said. |
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| Coastal shipping |
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| The company, which is into coastal shipping since 2002, also plans to increase its fleet strength. “We are in discussions with various international companies and studying the market price for ships. SRS has been servicing various sectors across the country and had achieved a throughput of carrying more than two lakhcoastal containers and close to 6 million tonnes of cargo,” he said. |
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| In India, coastal transportation is at a very nascent stage even though the country has 7,000 km of coast line. Today, 65 per cent of the cargo is moved by road, 28 per cent rail and only 7 per cent by sea.Given the situation, SRS wants to position itself as a lead logistics player in the country, he said. |
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Studying market price:
Mr. S. Varadarajan, CEO, (right),
Shreyas Relay Systems Ltd, and
Mr. C. M. Muraleedharan,
Deputy General Manager, at a press conference in Kochi on Monday. - K. K. Mustafah |
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| The company, with Rs120-crore turnover, is also exploring the possibility of setting up a container freight station in Kochi and other parts of the country. |
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| SRS is also looking for a strategic tie-up with Adani Group for transporting Maruti cars, as Adani has bagged the contract for moving cars from Mundra Port, he said. |
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| On Cabotage Law relaxation, Mr Varadarajan said there was no justification in giving a relaxation. He said his company's view is that Indian ship operators have enough capability to meet the demand. Referring to Kerala, he said the State offers tremendous potential with its vast network of inland water transportation. |
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| It is time to look at alternative modes of transportation considering the environmentally friendly mode of coastal shipping. The company is focussing more on Kerala as 50 per cent of its cargo is from the State, he said. |
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| Source: Business Lines, |
Daily Shipping Times |
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Mathrubhumi |
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