Shipment insurance

Update from Seacoast Shipping Services on bulk cargo shipping activities

Seacoast Shipping Services (SSSL) has initiated a joint venture (JV) process with an Africa-based company for bulk cargo shipping.

Due to the global container shortage crisis, orders for bulk shipments have increased significantly globally.

Joint venture (JV) process recently launched by Invade Agro Group, a group based in sub-Saharan Africa.

Invade Agro Group is in talks with Seacoast Shipping Services (SSSL) for bulk cargo for export of fertilizers from India and import of pulses to India. Exclusive use of the port of Mundra is envisaged as a logistics hub for shipments over 12,000 metric tons.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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