Shreyas Shipping to Purchase second hand container vessel

Shreyas Shipping & Logistics Ltd has announced that with an intention to meet the requirements of its increasing logistics operations, the Company has decided to augment its fleet strength. The Company has signed Memorandum of Agreement (MOA) for purchase of fully cellular ship of 1,300 Teu capacity, built in 1991 at a cost of about Rs 60 crores.

Source : Equity Bulls

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