India Fleet Expansion

India Fleet Expansion

Over the past 3 years or more, Group Commercial Manager SE Asia, Capt Girish Phadnis has developed an ongoing commercial relationship with X-Press Feeders / Sea Consortium Shipping Group based in Singapore and with offices in Dubai, Mumbai, Hamburg, Barcelona and Panama. X-Press Feeders started operations in 1972 out of South East Asia and has grown to become the largest Common Carrier in the world. X-Press Feeders have a fleet of 21 owned feeder container vessels and a further large fleet of over 80 chartered vessels trading throughout Asia, Middle East, Caribbean, Central America, Mediterranean and Northern Europe. Their 2015 annual container throughput is expected to be in excess of 4.8 million TEUs. Six X-Press Feeder vessels have been contracted by ASP Group in the past two years through the Mumbai office. In 2014, ASP India commenced full third party management of the vessel Tian Yi with a cargo capacity of 1,700 TEU’s and trading in the Persian Gulf. This was followed nine months later with the management contract of the Lotus Maritimus. She has capacity of 1,700 TEU’s, and also trades in the Persian Gulf. The newly built X-Press Lhotse (1,750 TEU) was also added to the fleet shortly afterwards. The Bauhinia carrying 700 TEU and trading between East India coast and Colombo, Sri Lanka was also contracted in 2014, and subsequently in 2015, the X-Press Tigris with 1,725 TEU’s also trading in the Persian Gulf was taken over for full management. Finally the X-Press Nile, 700 TEU, trading on the Egyptian coast and manned with Egyptian crew, is being managed in potentially challenging circumstances, as admitted by the owners. To handle this additional work the ASP India Ship Management team has been expanded to include Mr Bhanudas Kale and Mr. Nagendra Pratap, together with Capt Bibhash Jha. Capt Jha and Mr Bhanudas have both been associated with the ASP Group since their cadetship, while Mr Pratap has recently joined the company.