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India

The Raj Shipping Agencies Limited was incorporated in 1991. The company is promoted by Adi N. Mehta and Roshni A. Mehta, having a stake of 53 per cent and 41.7 per cent respectively. The company is engaged in bunkering, lighterage and towage activities. The company owns a fleet of water barges, heavy lift barges, lighterage barges, offshore supply vessels and tugs. The company has two subsidiaries namely: Raj Transport & Trading Company Raj Shipping Agencies The turnover of Raj Shipping Agencies Limited for FY1999-2000 was Rs. 65.10 million. Future plan The company plans to acquire higher horse power tugs and supply vessels.

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