Shreyas Shipping to acquire container vessel

Shreyas Shipping & Logistics informed that the company has signed a Memorandum of Agreement (MoA) for the acquisition of one container vessel of about 1500 teus. The delivery of the vessel is expected by mid-October 2017, said the company in a BSE filing on Tuesday post market hours.

Sep 20, 2017 04:09 IST India Infoline News Service

Shreyas Shipping & Logistics informed that the company has signed a Memorandum of Agreement (MoA) for the acquisition of one container vessel of about 1500 teus. The delivery of the vessel is expected by mid-October 2017, said the company in a BSE filing on Tuesday post market hours.
 
The stock of Shreyas Shipping & Logistics was trading at Rs 437 per share, up by Rs 6.20 or 1.44% as at 0939 hours on Wednesday on the BSE. The stock traded at a new 52-week high value of Rs 443.75 during early morning trade on Wednesday. The stock attracted a traded volume of 8,427 shares and traded value of Rs 37.03 lakh on the NSE.
 
Shreyas Shipping and Logistics Limited is a container feeder owning and operating company. The company operates through two business segments: Shipping and Logistics. The Shipping segment consists of charter hire. The Logistics segment includes feeder, domestic and liner business. 

Related Story