Apeejay Shipping expands fleet with acquisition of 2 Kamsarmax carriers
Times of India | 18 September 2025These refurbished vessels, built by Japan, are equipped with advanced scrubber technology. They were inducted into the fleet in July and Aug, marking a significant enhancement in the company's operational capabilities.
The vessels, named after the group's chairman Karan Paul's sisters, are modern successors to the iconic APJ Priya (1967) and APJ Priti (1977), which were instrumental in establishing Apeejay Shipping's reputation in both domestic and international trade.
With these acquisitions, the company's fleet now comprises nine vessels, with a total deadweight tonnage (DWT) of 666,911. The fleet comprises a mix of Kamsarmax, Panamax, and Supramax carriers, all of which adhere to ISO 9001:2015 and ISO 14001:2015 certifications.
Karan Paul, chairman of Apeejay Surrendra Group, said, "These acquisitions are not just about adding capacity. They are integral to our long-term strategy and reflect our commitment to high-quality tonnage, operational excellence, and sustainable growth.
We have thrived by blending heritage with forward-thinking strategies and aim to play an even stronger role in India's evolving maritime economy."
The move comes at a time when the global shipping industry is witnessing a surge in demand for dry bulk shipping, driven by positive market fundamentals. Apeejay Shipping CEO Sumant Ahlawat said, "These robust and well-maintained acquisitions are made during a period of positive market fundamentals and enhanced demand for dry bulk shipping."
