Port News

DP World tipped to buy out Shreyas Shipping and Logistics

Two units of Dubai-based Transworld Group including a feeder boxline are being widely reported as close to being bought by acquisitive DP World, the rapidly transforming terminal operator.  Dubai-headquartered DP World is being tipped to buy Shreyas Shipping and Logistics and freight forwarder Avana Global Logistek. Shreyas has 13 Indian-flagged ships in its fleet and …

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