Surrendra Overseas Ltd

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About

The Surrendra Overseas Limited (SOL) was incorporated in 1948. The promoters, Apeejay Surrendra Group has 100 per cent stake in the company. The Apeejay Surrendra Group is a highly diversified industrial conglomerate engaged in the following business activities: Shipping Steel Engineering Tea Hotels Construction Real estate development Industrial trade Finance The SOL owns a fleet of five bulk carriers. Further, the company has placed an order for one new Panamax bulk carrier of 74,850 DWT from Hyundai Heavy Industries, Ulsan, Korea, to be delivered by June 2001. The turnover of SOL for FY1999-2000 was Rs. 578.63 million. Future plan The company has planned to acquire new and second hand Handymax and Panamax tonnage. There are also plans to diversify into shipmanagement, chartering and tanker operations.

Since its inception in 1948, Surrendra Overseas Ltd. (SOL), has grown into one of India’s premier shipping companies. Our operations are characterized by global standards of maintenance, safety and quality We have pioneered new trade routes and were the founder member of the East Coast West Gulf Conference Line. We also hold the distinction of sending the first Indian ship through the then newly opened, St. Lawrence Seaway. Today, we have a modern, diversified fleet spanning 16,000 to 78,000 DWT. Our staff, both on land and at sea, comprises a pool of highly trained and dedicated people. They are backed by state-of-the-art technology and management systems that have resulted in operational efficiency, minimum turnaround time and real-time on line information. Our reputation for reliability, punctuality and dedicated service, has earned us loyal customers all over the world.