Elektrans and CST/ Marine ServiceJoin Forces toEstablish CHEMTRANS India Private Limited
Hamburg and Mumbai, October 6th 2016:
Elektrans Group and a company affiliated to the reputed German tanker operator ChemikalienSeetransportG.m.b.H. (CST) and the consultancy and engineering company Marine Service GmbH are pleased to announce that they have concluded a joint venture agreement to set up “CHEMTRANS India Private Limited”. An agreement setting gears in motion was signed by Mr. Daniel Chopra (Executive Chairman, Elektrans Group) and Mr.Christian Krämer (Managing Director, CST) in New Delhi, India at The Oberoi Hotel.
The strategic partnership with CST and Marine Serviceis in keeping with Elektrans’ vision of charting a course for growth and expanding its global footprint, by forging strategic partnerships with reputed players in the global shipping industry. It is expected that the union based on similar values, beliefs and practices betweenElektrans, a first generation family owned shipping company and CST/ Marine Service, third generation family owned companies, will generate synergies which will benefit both Elektrans and CST/ Marine Service.
The jointly owned vehicle - CHEMTRANS India Private Limited - will be a platform to promote common activities of Elektrans, CST and Marine Service in India and the region, including servicing the growing Indian LNG and gas industry.
The partners believe in providing high standards of client servicing. They have a strong market reputation and are in a position to tap global networks.
On this occasion Mr. Daniel Chopra speaking for Elektranssaid, “Since its inception, Elektrans has envisioned rendering the highest standard of services to the global maritime sector. We are proud to be associated with CST and Marine Service, companies which have a solid reputation, globally, and have been providing pioneering solutions over many years, especially in the field of LNG”. He added,“This is yet another important milestone in our strategic drive and ultimate goal– to be among the best performing integrated shipping service providers, and establish ourselves as reputable shipowners trading to the highest International standards”.
Mr. Christian Krämerspeaking for CST and Marine Service expressed, “We have always been at the forefront of innovation, yet stand proud of our long history and proven track record within the maritime industry. We are delighted andvery much looking forward to our partnership with Elektrans Group, as we do remain confident that this will yield clear synergies and new business opportunities within India as well as greater Asia”.
About Elektrans Group
Celebrating 15 years as a business, privately owned Elektrans Group offers a wide range of tailor made and integrated shipping services to its global customer base.
From ship owning with technical management, e-commerce, commercial management to crew management, marine travel, ship recycling and freight forwarding services the company seeks to offer sustainable value added services to its global clients, as strives to furnish the current and future requirements of the global shipping community. With an enriching industry experience of seasoned industry experts with strong global shipping exposure, the company offers cost efficient, customised, and transparent solutions.
The company owns and operates its own fleet of tanker vessels under Gauri Ships and will continue to aggressively expand its tanker fleet. With backward integration as the mantra, the company is supported by a growing number of 250 shore staff and 1500 ships crew. The Group offers its services through a strong foothold of offices spread in Singapore and across key locations in India.
About Marine Service GmbH / ChemikalienSeetransportG.m.b.H.
Marine Service GmbH, founded in 1958 by Dr. Karl-Heinz Krämer, father of the present Chairman Peter Krämer, is one of the world’s leading engineering consultancy companies in the LNG and LPG sector.
Marine Service has been involved in the planning or construction of about 20 % of the currentLNG carrier fleet and is additionally among other things specialized in LNG bunkering solutions, LNG propulsion systems, FSRUs, offshore transformer platforms for wind parks and the engineering of nearly all vessel types.
ChemikalienSeetransportG.m.b.H. belongs to the same group as Marine Service and was founded in 1969. The company is a technical and commercial ship manager for all major vessel types. The group has affiliated ship management companies in Cyprus and Singapore, ChemikalienSeetransport (Cyprus) Limited and CST BelchemPte. Ltd.
For more details please contact Elektrans Group PR & Comm Ms Tehseen Chauhan- | +91 9819642383