Propel Shipping Pte Ltd

Propel Shipping Pte Ltd is a global dry-bulk shipping operator based out of Singapore with group offices in Dubai & India. The company annually carries over 20 million MT of cargo globally for it’s various customers in the Steel, Cement, Power, Fertilizer & Mineral sectors. Propel Shipping is the Chartering/Operating Arm of the ACT group in India. ACT is one the leading service providers in the Shipping & Logistics arena offering various services including Stevedoring, Warehousing, Transportation, Ship Agency, Customs Broking, Ship-broking. The group was established in 1982 and now offers its services across various ports in India with a strong team of more than 400 employees. Overall, Propel Shipping Pte Ltd has a long-standing history in the shipping industry and has established a strong network with a wide range of services offered to its customers. With its significant annual cargo capacity and strong presence in key industry sectors, the company presents an interesting opportunity for potential investment within the maritime and logistics space. Additionally, due to its widespread global operations and well-established group support, Propel Shipping is equipped to navigate the challenges and opportunities within the shipping sector, making it a potentially attractive prospect for venture capital investors seeking exposure to the maritime industry.