Shreeji Shipping Global Limited has announced plans to acquire two mini bulk carriers for a total investment of ₹55.66 crore, strengthening its fleet capacity and expanding its coastal and dry bulk shipping operations.
The acquisition is aimed at improving the company’s operational flexibility in transporting bulk commodities such as coal, cement, clinker, fertilizers, and agri-bulk cargo along domestic and regional routes. The addition of smaller vessels is expected to enhance efficiency in short-sea shipping and port-to-port connectivity.
Company officials said the investment aligns with its strategy to scale up tonnage, improve asset utilization, and meet growing demand for reliable coastal shipping services. The move also supports India’s broader push to shift more cargo movement from road to sea to reduce logistics costs and emissions.
Industry observers note that rising demand for domestic bulk transport, coupled with infrastructure expansion at Indian ports, is creating opportunities for shipping companies to modernize and expand fleets. The acquisition is expected to strengthen Shreeji Shipping’s position in the coastal and regional freight segment.