Marine Logistics Businesses Seeking Loan in India

- Our organization offers great and skillful assistance for leasing and broking. - Business has prowess in substantial lifts and task freight, international shipping administrations. - Our business has attracted 10-15 clients and made contracts with them. - Business has 5-10 ongoing business deals for shipbroking dry & tanker chartering and maritime consultancy. - We operate our logistical routes from West Africa to India, India to China, South Africa to India and other international sea routes from Europe. - Business is also associated with 10+ other companies in India. - We help in ship to ship (S2S) operation, cargo to port. - Our current deals costs 20-35 million dollars. - The business cargo volume varies from 10,000 metric tonnes to 1,00,000 metric tonnes. - Business promoter has 15-20 years of experience in the ship logistics business.

Firm is looking to raise funds to buy a cargo vessel which has the capacity to transport general cargo. It's an old vessel which is well maintained and is currently in operation. We have already spoken to the seller and they have agreed to sell their vessel. We are inviting investors who can fund us either in the form of debt or equity. We would also be open for any other proposal that an investor proposes. The investor can expect an IRR of about 34%. After acquiring the vessel, we will lease it out to a well established ship management company based in Chennai. We have already made a 7-year agreement with them. The vessel specializes in the transportation of all types of cargo except oil. Our vessel will be primarily used for transportation of coal in the domestic and international locations. Firm is managed by 2 partners who are professionally qualified in the field of marine and shipping. They are well connected with maritime fraternities. Have already done the ground work and we need not go for head hunting and marketing to kick-start our business. Complete project details along with revenue projection for 5 years will be made available upon request. Firm was incorporated in 2016 in Goa and since then we have not started our operations due to lack of funds for this project. Business does not own any physical assets.