The Shipping Tribune is pleased to announce Elektrans Group as the Platinum Sponsor at the forthcoming “The 3rd Annual India Ship Management Summit – Creating Opportunities in Ship Management, Manning & Training Industry” on 6th October 2016 at Holiday Inn, Andheri (East), Mumbai. The first two editions of this Summit were hugely successful in bringing together the entire shipping industry and various stakeholders under one roof to deliberate and explore the future course of the industry. The entire Shipping Industry will convene at this prominent conference, a hub of knowledge and ideas, to make this a memorable experience. Who’s who of the industry attended this conference last year. This year the conference is going to be even bigger and better.
About Elektrans Group
Celebrating 15 years as a business, privately owned Elektrans Group offers a wide range of tailor made and integrated shipping services to its global customer base.
From ship owning with technical management, e-commerce, commercial management to crew management, marine travel, ship recycling and freight forwarding services the company seeks to offer sustainable value added services to its global clients seek to furnish the current and future requirements of the global shipping community. With an enriching industry experience of seasoned industry experts and global shipping knowledge, the company offers customised, flexible and transparent solutions.
The company owns and operates its own fleet of tanker vessels under Gauri Ships and will continue to aggressively expand its tanker fleet. With backward integration as the mantra, the company is supported by a growing number of 250 shore staff and 1500 ships crew. The Group offers its services through a strong foothold of offices spread in Singapore and across 14 key locations across India.
With a culture of continuous improvement and dedication to detail, the Elektrans Group ensures its clients remain competitive in the global marine markets they serve.
2015 witnessed an iconic transformation for the organisation. The company in its new avatar came to be known as Elektrans Group.
The name of the company, Elektrans, is derived from ETS
E- E commerce
Elektrans envisions to be recognised as a leading global integrated marine service provider and ship owning entity admired for its people, global partnerships and corporate governance.
About Mr. Daniel Chopra
Daniel Chopra started sailing in 1987 with anglo eastern as a cadet, aged 17. He qualified as a Master Mariner in 1996 and has the honour of being the youngest ever Master Mariner to be handed charge of a Peter Doehle Group (“PD”) vessel (PD is one of the World’s largest ship owners).
Whilst his love for the sea is unparalleled, Daniel harboured an entrepreneural dream of becoming a leading service provider to the shipping industry and thereafter, diversifying into ship owning. Recognizing that practical experience alone is not sufficient, before he hung up his sea boots and ventured into unchartered “waters” of being an entrepreneur, Daniel studied Maritime law from UK. Thereafter he incorporated a company - Danautic Ship Management Pvt. Ltd. (“Danautic”) - in 2001, with a capital infusion of INR 200,000. It was Daniel’s vision to grow Danautic into India’s largest shipping industry service provider.
Danautic commenced business by offering tailor made crewing solutions to India’s largest ship owning entity – The SCI. With valuable experience gained from servicing SCI, Danautic progressively expanded its client base and began servicing leading players in international shipping such as Pacific Basin, Ocean Tankers, Eagle Maritime and Reederie F Laeiz (to name a few).
Struck by Danautic’s rapid expansion, in 2006 the PD Group through its off shore subsidiary, purchased 75% of the equity in Danautic and consequently Danautic was reinvented as Doehle Danautic India Pvt. Ltd. (“DDI”).
In 2008 Daniel married Varsha. Varsha, an MBA, was the then marketing head for Deagio India. Post her marriage Varsha, who was also bitten by the entrepreneural bug, quit her employment with Deagio India and set up a marine travel business to compliment the rapidly expanding bouquet of services DDI was offering to its clients.
The shipping industry was hit by an unprecedented recession in 2008 – 2009 (a recession from which it has still not fully recovered). As a result of this DDI’s rapid growth slowed and Daniel put on hold, for the interim, his dream of becoming a ship owner. However, Daniel approached the recession head on by turning to his core strengths – innovation and diversification. By doing so not only did he ensure that DDI remained true to its motto – Change is the only Constant – but he also ensured that DDI’s businesses continued to expand and grow, even through years when the recession cut the deepest.
To survive and flourish during the recession Daniel realized that DDI must identify new partners and fresh business verticals. Towards this end Daniel focussed on ship management and between 2009 and 2013, DDI added 13 vessels to its fleet of fully managed vessels. The marine travel business headed by Varsha also grew from humble beginnings to 2000 tickets/ month. Further, during this time DDI ventured into NVOCC and freight forwarding. In 2013 Thome Ship Management Pte Ltd, Singapore (“Thome”), which is amongst the top 5 ship managers globally, decided to partner with Daniel/ DDI in India and In 2013 a JV entity was incorporated in India (with DDI and Thome as 50% equity partners).
Daniel and Varsha were blessed with a baby girl – Gauri- on 2 August 2014. On 24 November 2014 Gauri Ships was incorporated and in partnership with a strategic investor Gauri Ships now has 20% stake in 3 vessels which are currently on water. The coming of baby Gauri thus coincided with Daniel taking baby steps into the world of ship owning.
Because of Daniel’s complete focus in the “Oil & Gas Industry” he wanted to take full control of DDI so that he can properly chart its future growth. In January 2015 Daniel offered to buy back PD’s equity in DDI. The buy-back of shares was completed in August 2015 and WEF 17 August 2015 Daniel regained full control of DDI. Consequent upon the buy-back of shares, DDI underwent a transformation and in its transformed avatar, DDI was reinvented as Elektrans Shipping Pvt. Ltd., (“Elektrans”) a part of the Elektrans Global Group.
The new avatar ‘Elektrans’ is derived from what Daniel believes will form the core businesses of the company for years to come:
E – E commerce
With new perspective, fresh dynamism and the undying belief that dreams + expertise + hard work = reality, Elektrans is set to spread its wings globally and give effect to its new motto - “where dreams turn into reality…”
In Conversation With Mr Ajay Reshamwala, Managing Director, Reshamwala Shipbrokers
India Tanker Shipping Trade Summit 2018