chemtrans india press release -...

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CHEMTRANS INDIA PRESS RELEASE Elektrans Global Pte Ltd Phone: +91 22 4045 6000 Elektrans and CST/ Marine Service Join Forces to Establish CHEMTRANS India Private Limited Hamburg and Mumbai, October 6 th 2016: Elektrans Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport G.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 Service is in keeping with Elektrans’ vision of charting a course for growth and expanding its global footprint, by forging strategic

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Page 1: CHEMTRANS INDIA PRESS RELEASE - elektrans.netelektrans.net/wp-content/uploads/2016/10/Press-Releas…  · Web viewElektrans and CST/ Marine Service Join Forces to Establish ... at

CHEMTRANS INDIA PRESS RELEASE

Elektrans Global Pte Ltd

Phone: +91 22 4045 6000* India *Singapore*

Elektrans and CST/ Marine Service Join Forces to Establish

CHEMTRANS India Private Limited

Hamburg and Mumbai, October 6th 2016:

Elektrans Group and a company affiliated to the reputed German tanker operator

Chemikalien Seetransport G.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 Service is 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 between Elektrans, 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.

Page 2: CHEMTRANS INDIA PRESS RELEASE - elektrans.netelektrans.net/wp-content/uploads/2016/10/Press-Releas…  · Web viewElektrans and CST/ Marine Service Join Forces to Establish ... at

Elektrans Global Pte Ltd

Phone: +91 22 4045 6000

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 Elektrans said, “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”.

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Elektrans Global Pte Ltd

Phone: +91 22 4045 6000

Mr. Christian Krämer speaking 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 and very 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.

Page 4: CHEMTRANS INDIA PRESS RELEASE - elektrans.netelektrans.net/wp-content/uploads/2016/10/Press-Releas…  · Web viewElektrans and CST/ Marine Service Join Forces to Establish ... at

Elektrans Global Pte Ltd

Phone: +91 22 4045 6000

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 / Chemikalien Seetransport G.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

current LNG 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.

Page 5: CHEMTRANS INDIA PRESS RELEASE - elektrans.netelektrans.net/wp-content/uploads/2016/10/Press-Releas…  · Web viewElektrans and CST/ Marine Service Join Forces to Establish ... at

Elektrans Global Pte Ltd

Phone: +91 22 4045 6000

Chemikalien Seetransport G.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,

Chemikalien Seetransport (Cyprus) Limited and CST Belchem Pte. Ltd.

For more details please contact Elektrans Group PR & Comm Ms Tehseen Chauhan-

[email protected] | +91 9819642383