Shreyas Shipping and Logistics, part of the Transworld group, has entered into a vessel sharing arrangement (VSA) with the Shipping Corporation of India (SCI) on two services connecting the East and West coasts of India, as well as Jebel Ali in the UAE.
Shreyas is partnering with SCI in the Smile service that will now provide a revised rotation of Mundra, Pipavav, Cochin, Tuticorin, Chennai, Katupalli, Krishnapatnam, Pipavav, Mundra and Jebel Ali. The port of Krishnapatnam and Pipavav have been added to the service, which is being maintained by four container vessels, with capacities of between 1650 teu and 4400 teu. Three of these ships will be provided by SCI and one by Shreyas.
Similarly, the PIX II service will be operated jointly on a fixed day weekly basis, connecting the ports of Mundra, Kattupalli, Vizag, Kakinda, Tuticorin, Cochin and Jebel Ali, with the option of also calling at Colombo port. This service has been enhanced with the addition of Kakinda to the rotation and will be operated by four vessels of around 1650 teu each. Three of these will be Shreyas ships, and one provided by SCI.
According to Captain V. K. Singh, chief executive officer, Shreyas Shipping, “This arrangement brings multiple benefits to our customers and the Indian coast shipping business at large. Additional tonnage has been deployed on this trade lane, providing improved frequency and reduced transit times between ports pairs.”
Shreyas points out that it now covers all the main ports on the Indian coast. Furthermore it can transport cargo from Jebel Ali as far as Yangon, and vice versa.