Wikipedia

Transworld Group (Shipping and Logistic company)

Transworld Group of companies is a shipping agency, headquartered in United Arab Emirates (Dubai), established by R. Sivaswamy in 1977. Transworld offices are spread across the world – United States, Saudi Arabia, Oman, Qatar, Kuwait, Pakistan, Sri Lanka, and 28 cities in India.[2][3][4]

Transworld Group
Company typePrivate Limited Company
IndustryLogistics
Founded1977; 47 years ago (1977)
FounderMr. R. Sivaswamy
HeadquartersDubai, United Arab Emirates
Area served
Worldwide
Key people
Ramesh S Ramakrishnan
Geeta Ramakrishnan
Ritesh S Ramakrishnan
Anisha Ramakrishnan
ProductsDelivery, third-party logistics, container shipping and logistics
Revenue$700 million (2015)[1]
Number of employees
1000+
Websitewww.transworld.com

History edit

The company was founded in Mumbai in 1977. The activities of the company include – ship management, shipping agencies, feedering, supply chain Management, NVOCC, freight forwarding, and container and Bulk carriers. It has a fleet of 27 ships that include 15 feeder vessels and 12 container ships.[3][5][6]

Business transformation edit

 
Shri R. Sivaswamy with Transworld Group first vessel the Khaleej Express.

Transworld Group has rebranded Shreyas Relay Systems Ltd and Balaji Shipping Line FZCO, into Avana Logistek Ltd. which takes care of the logistics and supply chain activities of the group. With this, Shreyas Relay Systems Ltd. was converted to Avana Coastal and NVOCC division, Balaji Shipping Line FZCO was transformed to Avana Global.[7][8][9]

In association with Birlasoft (KPIT) and Oracle India on the 40th anniversary of the company, Transworld had announced a digital transformation project in the name of Innovation in Motion.[10]

The company bought the vessel 1,608 TEU Mekur Tide and renamed it as OEL Shravan.[11]

Transworld Group acquired MV Suffolk Trader and renamed it MV SSL Krishna on 19 June 2018. It is the 24th addition to the fleet of the group.[12][13]

Awards edit

 
OEL Shravan.

In 2014, Balaji Shipping Line was recognised as the NVOCC of the Year, and Shreyas Shipping and Logistics won ‘Shipping Line of the Year - Coastal Operator’.[14]

In May 2018, Transworld Shipping Agencies was awarded for managing the highest number of container vessels in Cochin.[15]

In June 2018, Shreyas Shipping and Logistics Ltd won the “Coastal Service Operator of The Year,” and Avana Logistek and Avana Global FZCO won the “NVOCC of The Year” in Coastal Cargo and General Product category.[16]

Management team edit

The management team includes the following members: Ramesh S. Ramakrishnan, who is the chairman; Mr. Ritesh S. Ramakrishnan, Managing Director; Ms. Geeta Ramakrishnan, Director of Administration & HR; and Ms. Anisha Ramakrishnan, Director of Transworld Group.[17][9]

See also edit

References edit

  1. ^ "Transworld Group – The Asian Entrepreneur". Retrieved 1 October 2018.
  2. ^ "BLPL finds a thriving route in shipping's treacherous waters". www.businesstimes.com.sg. Retrieved 14 November 2018.
  3. ^ a b "To be a global shipping player, India needs infrastructure". www.thehindubusinessline.com. Retrieved 14 November 2018.
  4. ^ "Etihad Rail partners with Transworld Logistics". gulfnews.com. Retrieved 14 November 2018.
  5. ^ "Ramesh Ramakrishnan – Indian Rich List 2011 – ArabianBusiness.com". www.arabianbusiness.com. Retrieved 14 November 2018.
  6. ^ "Transworld invests Dh367m to expand shipping fleet". gulfnews.com. Retrieved 14 November 2018.
  7. ^ Bhattacharya, Jayati (2011). Beyond the Myth: Indian Business Communities in Singapore – Jayati Bhattacharya – Google Books. ISBN 9789814345279. Retrieved 14 November 2018.
  8. ^ "avana logistek limited" (PDF). 15 June 2018. Retrieved 1 October 2018.
  9. ^ a b "Transworld Group & JAFZA to establish State-of-the-Art logistics Centre". indiashippingnews.com. 25 April 2018.
  10. ^ "KPIT, Oracle India to drive Transworld Group's digital transformation project". www.business-standard.com. Retrieved 14 November 2018.
  11. ^ "Transworld takes on another feeder boxship". 10 May 2018. Retrieved 1 October 2018.
  12. ^ "Shreyas Shipping and Logistics takes delivery of Multipurpose Vessel M.V SSL Krishna". 21 June 2018. Retrieved 1 October 2018.
  13. ^ "Shreyas Shipping takes delivery of multipurpose vessel V SSL Krishna". 27 June 2018. Retrieved 1 October 2018.
  14. ^ "MALA 2014 – Maritime and Logistics Awards". Retrieved 14 November 2018.
  15. ^ "TSA awarded for handling highest number of container vessels at the Cochin Port Day in Cochin". June 6, 2018. Retrieved 1 October 2018.
  16. ^ "Transworld Group – Transformation, In perpetuity – Daily Shipping Times". 13 August 2018. Retrieved 1 October 2018.
  17. ^ "Management – Transworld Group Of Companies". Transworld Group.
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