• BIST 107.202
  • Altın 145,263
  • Dolar 3,5161
  • Euro 4,1312
  • İstanbul 28 °C
  • Ankara 31 °C

Caravel launches container vessel

Caravel launches container vessel
Caravel Logistics, a multi modal transportation company based in Chennai, has launched its first cellular container vessel at Tuticorin.

Caravel launches container vessel.

Caravel Logistics, a multi modal transportation company based in Chennai, has launched its first cellular container vessel at Tuticorin. Addressing presspersons here on Tuesday, Saju Chacko, Chairman of the company said the ocean liner, with a capacity of 585 TEU, would be deployed on Mundra-Kochi-Tuticorin-Dubai route and would have fixed day schedule helping customers preplan their shipments with certainty of cargo movement.

BTS Investments of Switzerland has funded the acquisition by bringing in Rs. 25 crore through private equity.

According to C. Jayakrishnan, Director of the company, the acquisition initiative would help in increasing the revenue by Rs. 40 crore. The company has reported a turnover of Rs. 250 crore and plans to end the year ending March 31, 2010 by crossing Rs. 320 crore mark.
Caravel is also planning a further investment of Rs. 75 crore for expanding its activities. The plan is to start a container freight station in Chennai and later in other parts of the country. To boost its presence and worldwide network, the company is set to open offices in China and East Africa.

www.turkishmaritime.com.tr

This news is a total 5159 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |