AAL picks Merchant Shipping as exclusive representative in India
India’s growth trajectory was a sign enough for AAL Shipping to expand its footprint in the country which is one of the world’s largest growing economies. AAL has turned to the Mumbai-based shipping company, Merchant Shipping Services, and appointed it its exclusive commercial agency representative in India.
This move will harness yet further the cargo opportunities available to local shippers through its expanding ‘Europe – Middle East/India – Asia Monthly Liner Service’ (EUMEIA) and regular trade lanes connecting India with the rest of the world, AAL’s statement reads.
Established in 1996, Merchant Shipping is managed by a team of shipping professionals with a strong focus on global trade, delivering pan India multipurpose and project heavy lift cargo operations through a network of offices covering over 80 port & ICD locations across the region.
Christophe Grammare, AAL’s managing director, explained the rationale and timing of this move for the award-winning project heavy lift carrier, “India is one of the world’s fastest growing major economies and leads the way with 100% Foreign Direct Investment (FDI) allowance in multiple industry sectors. It is on an accelerated growth trajectory with 100 smart cities being built today, 100 new airports by 2035 and implementation of the world’s largest renewable energy expansion program. Its burgeoning project cargo demands are well served by our EUMEIA monthly liner service, trade lane sailings east and westbound through the region and sustainable fleet expansion programme that combine to deliver the market with regularity of sailings and dependability of service.”
Grammare further added that Merchant Shipping knows the local sector AAL serves and is aligned with AAL’s commercial ambitions for the Indian market.
“We are honoured to represent AAL in India through a dedicated professional team at Merchant Shipping that will effectively contribute to AAL’s Success as a prominent partner in India’s booming economy, and exponential growth within the infrastructure and project cargo sectors,” added Mukesh Oza, Group President & CEO of the Samsara Group, India, parent company of Merchant Shipping.