VMPL New Delhi [India] May 27 Mare Maritime a leader in shipping trading and logistics is taking a major step into the Indian market by establishing a new headquarters in Mumbai Bandra Kurla Complex This expansion is part of the company strategy to capitalize on India growing demand for transportation services Founded by Captain Rohit Kapur Mare Maritime has achieved success in Singapore Vietnam and Kenya serving diverse markets with reliable transportation solutions The Indian expansion involves a substantial investment in 22 MR Tankers valued at approximately USD 506 million to increase operational capacity This venture is supported by USD 222 million in equity with additional debt financing arranged through a partnership with a renowned private equity firm Managing Director Avinaash V Rai will play a key role in driving growth and managing the technical aspects of shipping operations from Mumbai Captain Rohit Kapur expertise and leadership have been central to Mare Maritime success
Get latest articles and stories on Business at LatestLY. New Delhi [India], May 27: Mare Maritime, a leader in shipping, trading, and logistics, is taking a major step into the Indian market by establishing a new headquarters in Mumbai's Bandra Kurla Complex. This expansion is part of the company's strategy to capitalize on India's growing demand for transportation services. Founded by Captain Rohit Kapur, Mare Maritime has achieved success in Singapore, Vietnam, and Kenya, serving diverse markets with reliable transportation solutions. Business News | Mare Maritime Launches Expansion into India with New Mumbai Headquarters.