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FRIDAY

Vol. LXI No. 173 rd THURSDAY 23 SEPTEMBER 2021

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Transworld Group expands its shipowning eet to 26 Vessels MUMBAI: Transworld Group, one of the leading Global Shipping & Logistics Conglomerate, has further strengthened its overall fleet by adding large size bulk carrier – TBC Praise (36,699 DWT) . With the latest addition, Transworld is making a strong presence in the bulk carrier business with the latest acquisition coming close on the heels of 2 acquisitions of Bulk carriers TBC Passion and TBC Prime, with all 3 acquisitions done in 2021. Mr. Ramesh S. Ramakrishnan, Chairman, Transworld Group highlighted that this new addition to the fleet will further enhance Transworld’s Global footprint of Ship Owning in the Dry Bulk/ Container segment and deployment, which is a result of strong fundamentals and confidence in the growth of Shipping and Logistics sector in the present and coming years.

Mr. Ritesh S. Ramakrishnan, Joint Managing D i r e c t o r, Tr a n s w o r l d shared vision for Transworld by informing that all the major Capex investments of Mr. Ramesh S. Ramakrishnan Mr. Ritesh S. Ramakrishnan Tr a n s w o r l d i n 2021 are a result of the company’s strong belief in the bulk carrier markets and expects the company to emerge as a strong Cont’d. Back Pg. global player in this time tested segment.


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