Elektrans
MUMBAI, November 5, 2015 —
In its biggest acquisition to date, Elektrans Shipping Pvt Ltd., a full-service Indian shipping company (previously known as Doehle Danautic), today announced the acquisition of Distya Akula, a Suezmax crude oil tanker, co-owned with Arya Industries, led by Shri Pawan Arya and Shri Puneet Arya. The joint company has so far invested US$40 million towards acquisition of vessels to its fleet.
Distya Akula, Sanskrit for ‘Fortune Transcendental’, has a deadweight tonnage of 149,834 tonnes. It is the third tanker to join the fleet in the past one year, the previous ones being Nu-shi Nalini, a chemical tanker and Distya Pushti, a handysize oil tanker.
Distya Akula, built by Mitsui Ichihara Engineering and Shipbuilding, Ichihara, Japan is 269 meters long drawing a draft of 17 meters. She has the capacity of carrying a full load of about 149,000 metric tonnes of oil cargoes equivalent to about 6000 oil carrying road trucks of standard size. She has a crew complement of 24. The ship is flying the Indian flag.
This acquisition puts the company in the distinguished league of large tonnage ship owners and operators in India.
Commenting on the acquisition, Mr. Daniel Chopra, Managing Director, Elektrans Shipping Pvt Ltd. said, “Acquisition of Distya Akula further consolidates Elektrans’ position as a full-service maritime company. We have embarked on an aggressive acquisition plan to increase the ownership fleet size. Besides owning oil and gas tankers, we are watching the dry bulk segment, which holds promise. Such an expansion plan, especially in today’s tough market scenario, demands, in addition to the technical, commercial and human expertise, steadfast leadership and focus.”
About Elektrans Shipping Pvt Ltd.
Incepted in 2001, Elektrans (previously Doehle Danautic) synergizes vessel and crew management with the commercial aspects of ship owning. Elektrans owns ships and also offers crew management, technical management, ship recycling, marine travel, NVOCC, chartering and ship broking to third party clients worldwide. A leader in providing shipping services, the company has presence PAN India and Singapore.
The company recently ventured into a new vertical – ‘consolidation’. This saw the company rapidly expanding its operations with offices in Bhilwara, Jaipur, Bangalore, Hyderabad, Kochi, Nashik, Pune, Ahmedabad, Kanpur, Ludhiana, Chennai, Kolkata and Bhavnagar.
The new avatar ‘Elektrans’ is derived from:
E- E commerce
T- Transport
S- Shipping
The company aspires to become a global integrated marine service provider and ship owning entity, admired for global partnerships and corporate governance.
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