India: Essar Shipping Takes Delivery of Two MiniCape Vessels

Essar Shipping Limited (ESL) part of the Essar Group has, taken the delivery of MV Kishore and MV Ashok. Theselatest addition to Essar Shipping’s growing fleet, MV Kishore and Ashok, are MiniCape vessels which are 253 metre long, 43 metre wide and a cargo capacity of 105000 dwt.

On induction of these MiniCapes, A R Ramakrishnan- Managing Director, Essar Shipping Limited said, “Essar Shipping has taken delivery of the last two MiniCapes from the total of Six ordered with STX shipyard under the expansion program. With the induction of these two vessels, we will now consolidate operations to achieve the planned growth in revenues and scale of operations.”

With its uniquely designed hull to ensure larger carrying capacity with minimal draft requirements, ESL is confident that these MiniCape vessels will make trade to the Indian coast more economical and cost effective for clients in the Power, Steel and other core sectors

Essar Shipping continues to serve its customers efficiently with a fleet comprising VLCCs (Very Large Crude Carrier) tankers, Capesize vessels, Supramaxes, mini bulk carriers and other lighterage & trans-shipment assets.

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Essar Shipping, November 19, 2012