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Synergy expands

Fiinews by Fiinews
September 24, 2016
in Investment, Projects
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Synergy expands

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India’s Synergy Group is expanding its global footprint by adding 30-40 ships over the next two years to its 130-ship fleet and opening of new offices in China, Japan and Europe, reported Press Trust of India.

“Our plans include adding the management of 30 to 40 additional ships in 2017-18 and opening offices in China, Japan and Europe,” said Synergy Group’s chief executive officer Rajesh Unni, after addressing the 15th annual Marine Money Week Asia 2016 here.

“Although the shipping market has a negative sentiment, with falling freight rates, Synergy’s forte is managing ships cost-effectively in today’s business environment,” Unni said.

Synergy, which has a strategic partnership with Tokyo- listed Mitsui OSK Line (MOL), is increasing training programmes for maritime professionals from its MOL-Synergy Learning Centre in Chennai.

Synergy currently operates offices in Singapore, Hong Kong, New York, San Francisco, Manila and Iloilo city of the Philippines. fii-news.com

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