Apeejay Shipping acquires a Japanese build Gearless Panamax

Posted by Daily Shipping Times on 19-09-2017        Tweet

KOLKATA: Apeejay Shipping Limited, an Apeejay Surrendra Group company, announced the acquisition of a 74,107 MT DWT Gearless Panamax, Japanese build. The ship is renamed ‘APJ UMA KISMAT’. The acquisition takes its total fleet capacity to 4, 41,416 MT DWT with an average fleet age of 12.5 years.

Apeejay Shipping has adopted an integrated management system comprising of ISO 9001, ISO 14001, OHSAS 18001 standards for Quality, Environment, Occupational Health & Safety and ISO 50001 standard for Energy management making it one of the select few Indian ship companies to do so.

A leading Indian ship-owner, Apeejay Shipping Limited is cautiously optimistic about domestic and international demand prospects. The newly acquired Panamax, APJ Uma Kismat has traded internationally for 16 years and is a strategic buy for the company as it focusses on continuous growth.