October 26th, 2021: SEROS Logistics, one of India’s leading players in multimodal and marine logistics, has added a Supra Max vessel to its diversified fleet, taking the total count up to over 40. The company will operate the “MV Amarnath” vessel to carry breakbulk cargo. The company has invested approximately $7 million in the acquisition.
With one of the largest coastal fleets in India, SEROS boasts of vessels including mini-bulk carriers, offshore accommodation barges, a diverse fleet of tugs, floating cranes, propelled and non-propelled barges. The company offers a wide range of services, including dry-docking, lighterage operation, chartering, repair and maintenance of ships, dredging, and other offshore support offerings. SEROS has the expertise to cater to the marine industry and believes in providing its customers a hassle-free and seamless experience.
Amarnath is the latest addition to the company’s specially designed shallow-draft vessels “Nath Series.” Some of the others are MV Adinath, MV Kedarnath, and MV Parshvanath.
Speaking on the development, Mr. Ashish Agarwal, Spokesperson, SEROS Logistics, said, “With one of the longest coastline with major and minor ports, India has huge scope in the maritime industry, but it has not been fully explored. We, at SEROS, have the potential to offer end-to-end sea logistics services. By adding MV Amarnath to our maritime fleet, we have further strengthened our core competencies. We always ensure that the entire supply chain is geared towards value creation with our systematic operations, backed by a robust information system. This acquisition not only will help us in achieving our goals, but also demonstrate our capability in allocating capital and resources at the right time.”
About SEROS Logistics
SEROS Logistics is one of India’s leading multimodal and marine logistics players, with a gamut of local and global services. Incorporated in 2019, SEROS has emerged as one of the fastest-growing companies in the maritime sector. Besides the multimodal and maritime segments, SEROS also has a business division dedicated to green logistics – SEROS Green. It is one of the very few environmentally conscious logistics companies committed to providing its clients with the best-in-class service while keeping a greener future. The company has invested over $10 million in this venture.