In an interview to CNBC-TV18, VK Singh, CEO of Shreyas Shipping spoke about the results and his outlook for the company.
Shreyas Shipping has signed a vessel-sharing deal with Shipping Corporation of India, in which the two companies will jointly use vessels in their respective loops.
VK Singh, CEO, Shreyas Shipping said volume growth for the first quarter of FY17 would also be similar to that of Q4 in FY16 at around 12 percent.
Speaking to CNBC-TV18, VK Singh, CEO of Shreyas said that the even though capacity had increased but low demand due to global meltdown impacted this quarter.
VK Singh, Shreyas Shipping and Logistics, says the company expects the Japanese JV to help improve existing business in both shipping and logistics.
Rajesh Desai, CFO, Shreyas Shipping expects minimum 10-15 percent revenue addition to the company‘s current numbers from the acquisition of two new vessels.
Rajesh Desai, CFO, Shreyas Shipping talks to CNBC-TV18 about the fourth quarter earnings and the future outlook.
The shipping space is witnessing quite a downturn right now and don’t seem to be improving. But Shreyas Shipping & Logistics Limited says there have been improvements in the general shipping segment.
In an interview with CNBC-TV18, Vinay Kshirsagar, CFO of Shreyas Shipping, spoke about the company’s fourth quarter performance and the road ahead.