Transworld Group, the Global Shipping & Logistics Group, has further enhanced its presence in the bulk carrier business with the acquisition of a handysize, MV Asahi Maru (to be renamed as mv TBC Passion) from Japanese owners. This follows close on the heels of the very recent acquisition of MV Turquoise Ocean (since renamed mv TBC Prime), a modern 38k handysize bulker, also from Japanese owners. The Capex investments are a result of the company’s strong belief in the bulk carrier markets and specifically the smaller workhorse handies.
Dubai-based Transworld Group, promoted by Indian businessman Ramesh Ramakrishnan has signed an agreement with state-owned Sagarmala Development Company Ltd to build a cargo container manufacturing facility in Gujarat with an investment of about ₹200 crore.
Ritesh S Ramakrishnan, Joint Managing Director, Transworld Group, on what lies ahead for India and it’s maritime sector in a post-Covid world and on its recent strategic partnership with Unifeeder and
Mumbai-listed Shreyas Shipping & Logistics Ltd, the Indian flagged vessel owning unit of Dubai’s Transworld Group, has struck a unique and mutually beneficial vessel chartering agreement with Transworld Feeders Pvt Ltd, a proposed subsidiary of the Unifeeder Group which will acquire the container vessel operating business of Shreyas as part of a global deal announced on August 19.
Hamburg-based Hanseatic Unity Handysize Pool (HUHP) has announced the entry of Dubai shipowner Transworld Group to its pool with the addition of bulk carriers TBC Princess and TBC Prestige.
Transworld Group, UAE has been conferred the accreditation as a 'Great Place to Work® Certified Company'
Transworld Group, India has been conferred the accreditation as a 'Great Place to Work® Certified Company'
Shreyas Shipping and Logistics Ltd, won the prestigious India CSR award in the category of 'Community Development' and in the domain of disaster relief for our concerted efforts in Kerala. We effectively reached out to over 5000 flood-affected people in the districts of Alleppey, Wayanad, Palakkad and North-Paravur in Kerala through the mediums of disaster relief kits, health camps and reconstruction of damaged schools, anganwadis and individual households.
Avana Logistek Ltd has been awarded as winner of "Outperformers in Business" for more than 100 Commercial Vehicles category and has won the prestigious Mahindra Transport Excellence Awards 2019.
Transworld Group awarded with "Transportation and Logistics In-House Team of the Year" at the Thomson Reuters Asia Legal Business India Law Awards 2019.
Transworld Group's sustained efforts to support the flood affected populace of Kerala has won us an award in the category of "Community Development" at the ET Now: World CSR Congress held on 18th February 2019 at Mumbai. Ms. Shikha Shabdita, GM-CR Transworld Group was also awarded as '100 Most Impactful CSR Leaders' for the fifth consecutive year at the World CSR Congress 2019 at Mumbai.
Transworld Group, UAE has been conferred the accreditation as a 'Great Place to Work® Certified Company'
Shreyas Shipping and Logistics Ltd awarded as "SHIPPING LINE OF THE YEAR - COASTAL OPERATOR" and Avana Global FZCO awarded as "NVOCC OF THE YEAR - MIDDLE EAST TRADE LANE" at 10th Edition of Gujarat Junction 2019.
"Transworld Group as a global shipping and logistics group needs to be technologically advance to cater to the customers of tomorrow and hence partnered with Oracle to provide the comprehensive solution" - T.N. Seetharaman, CEO - Global Logistics Division, Transworld Group, sharing his insightful thoughts and the way forward for the group
Transworld Group has rebranded Shreyas Relay Systems Ltd and Balaji Shipping Line FZCO, into Avana Logistek Ltd. which takes care of the logistics and supply chain activities of the group. With this, the coastal division, Shreyas Relay Systems Ltd was converted to Avana Coastal and NVOCC division, Balaji Shipping Line FZCO was transformed to Avana Global.
Customer Centrality as its core value and in line with the philosophy of customer first approach, Transworld Group of companies comprising of Avana Logistek Ltd, Shreyas Shipping & Logistics Ltd, Transworld Feeders FZCO, BSL Freight Solutions Pvt Ltd, Transworld Logistics FZE and other Group companies, through this project will leverage technology enabled solutions and customer connect e-platforms to provide real-time information, swift business process and a digital customer interface.
Avana Logistek Ltd, a Mumbai-based logistics company, has filed a draft prospectus with the Securities and Exchange Board of India for an initial public offering. The IPO will comprise a fresh issue of shares for up to Rs 300 crore ($44 million) and an offer for sale of 4.3 million shares by promoter group firm Transworld Holdings Ltd, according to a stock-exchange filing.
