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Manama: Kanoo Shipping, one of the largest specialized shipping agencies in the region and a fully owned business of Yusuf bin Ahmed Kanoo Group (YBA Kanoo) has announced the opening of a general agency office, Kanoo Shipping India PLC, in Mumbai which will allow it to have a complete port coverage in India. The office will handle crew transfers, spare parts deliveries, customs and immigration formalities and will work closely with the Indian local authorities. Port Captaincy and Cargo Survey as well as ISO tank handling are expected to be introduced during the last quarter of 2019.
“This step comes as part of Kanoo Shipping’s growth strategy which focuses on entering new markets.” Fawzi Kanoo, Deputy Chairman of YBA Kanoo said. “Last year Kanoo Shipping successfully strengthened its presence in the African continent through acquiring Wallem South Africa; a major provider of integrated maritime solutions, and today Kanoo Shipping is in India, one of the largest trade partners of our region and the 16th largest maritime country in the world.”
An experienced operations and finance team will be managing the general agency office in Mumbai led by Captain Amresh Jha, Kanoo Shipping India Country Manager. Mr Jha commented on the launch of operations in India by saying “Kanoo Shipping India PLC, is a ship agency house with International standards dedicated to provide excellent service quality at competitive prices. We consider ourselves the extended arm of our customers with local eyes and ears on the ground”.
Existing and new customers of Kanoo Shipping will benefit from an onshore experience which focuses on operational quality and cost-effective efficiency. Kanoo Shipping India PLC, will recruit local operational expertise and will build competence through development programs tailored for the Indian market.
“We are certain our expansion into India will provide Kanoo Shipping with the necessary growth it requires. It is also a clear demonstration of our willingness to go the extra mile to meet our customers’ expectations. India is one of the fastest emerging markets in the world and its ports witness unprecedented traffic growth that is likely to continue for many years to come.” Nikolai Norman, Chief Commercial Officer of Kanoo Shipping said. “We believe that there is ample room for Kanoo Shipping, a trusted brand with more 100 years of legacy, in the Indian Ship Agency Market.”
Kanoo Shipping operates in 20 countries, covering all principal ports and offshore terminals around the Arabian Peninsula. In addition to its fully-owned offices and joint ventures in the Arabian Peninsula, the Company’s regional network operates through well-established partnerships in Egypt, Jordan, Lebanon, Pakistan, India, Sri Lanka, Seychelles, Kenya, Tanzania, Mozambique and South Africa.
India has 200 notified minor and intermediate ports. Under the National Perspective Plan for Sagarmala, six new mega ports will be developed in the country. The Indian ports and shipping industry plays a vital role in sustaining growth in the country’s trade and commerce.
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About Kanoo Shipping
Kanoo Shipping was established in 1911. It is one of the largest regional shipping agencies in the Middle East, now assisting with over 17,500 ship calls a year through a professional network that covers all ports from the Suez Canal to Sri Lanka and East/South Africa.
About Yusuf bin Ahmed Kanoo Group:
YBA Kanoo is one of the largest, independent family-owned multinational businesses in the Middle East with an extensive portfolio of complementary business units and strategic partnerships across a range of industry sectors. Established in 1890 as a family trading and shipping business in the Kingdom of Bahrain, the Company has evolved into a diversified conglomerate with a physical presence across the Middle East, North Africa, Europe and Asia.
YBA Kanoo is a key contributor to the region’s economic growth and development supported by over 120 years of experience, ethical conduct, best-in-class partnerships, advanced business systems and cutting-edge technologies. It has established itself as a first-choice partner for regional & international businesses and continues to pursue commercial growth and expansion through the constant delivery of business excellence.
YBA Kanoo’s business activities include shipping, travel, machinery, chemicals, logistics, property, energy, technology and retail, to name a few.
For Media Enquiries Contact:
Mr. Mohamed Darwish
Tel: +973 17221620
Fax: +973 17229122
Email: mohamed.darwish@kanoo.com
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