RINL News

RINL, the corporate entity of Visakhapatnam  has been bestowed with “India Seatrade Award-2017”  for foraying into Coastal shipping in the country. Sri PJ Kurien, Deputy Chairman of Rajya Sabha presented the award to Sri P Madhusudan, CMD,RINL during the Coastal Shipping & Inland Water Transport Business Summit held in Cochi on 22nd September evening. The award was bestowed on RINL for excellence in coastal shipping & Inland Water Transportation during 2017. Sri P Raychaudhury, Director (Commercial) RINL was present on the occasion and addressed the delegates on understanding the cargo owners perspective to align, engage and forge a commitment towards an instant modal shift. It may be recalled that RINL has recently awarded the  contract to Mumbai based Sreyas Shipping & Logistics,  the Indian ship-owning unit of Dubai-based Transworld Group, to haul 2,25,000 tonnes a year to  three destinations on an annual contract worth about Rs 75 crore. Of the total quantity to be shipped, 60,000 tonnes is meant for Kochi, 75,000 tonnes for Mumbai and 90,000 tonnes for Ahmedabad. RINL has been transporting its products by road and rail  so far.