Ship owning in its simplest terms is the having the ownership of a vessel or vessels or having a stake in them. An important part of the Ship Owning activity is ensuring that the owned vessels have all the necessary compliances and statutory certification as per International Rules. In addition, the criteria for local laws in the intended region of deployment is required to be complied with.
Transworld Group owns a fleet of vessels which are Indian and Panama flagged. The fleet consists of container vessels ranging in capacity from 700 TEUs to 4360 TEUs and handy size geared bulk carriers. The fleet is deployed in the Americas and in the Middle East and Indian Subcontinent regions.
The Group has seen a rapid growth in its fleet size in recent years both in terms of numbers and vessel size. The acquisition of new build tonnage has effectively reduced the average age of the fleet to under 15 years.
Specialist Ship Management is a service oriented activity in which ship maintenance and management, both in terms of manpower and technical requirements, is undertaken by a 3rd party who is neither the vessel owner nor the commercial operator of the vessel. The Ship Management companies are under contractual obligation to manage and maintain the vessels under their care and provide the detailed technical management to keep them operating efficiently.
Transworld Group, with its large fleet of Indian and foreign flag owned vessels, has been in the field of Ship Management for last 2 decades. The managed fleet includes Group owned vessels and external vessels. Container vessels and Bulk carriers form a part of our managed fleet.
The team managing a large fleet of vessels consists of Master Mariners, Chief Engineers, electrical and electronic engineers and automation specialists. A separate team manages the multi-national manpower requirement.
Historically Shipping agency plays a crucial role in the efficient functioning of maritime industry. Vessel handling and agency services are expected by vessel owners to get delivered in a truly proactive and transparent manner with efficient handling of all operational transactions during the port calls.
Transworld Group was originally established as a ship agency company in 1977. It has been a trusted shipping agency and vessel handling agent for many reputed carriers for more than three decades. Representing one of the largest shipping groups in the Indian subcontinent and gulf region, Transworld Shipping delivers cost effective services for port agency, owners protecting agency and husbandry requirements of all carriers, vessel owners, operators and charterers. Transworld agency looks after the primary interests of principals at all times providing agency services including crew handling, supply of spares, fuel and provisions with high operational standards, regional knowledge and expertise.
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