07-10-2016

Elektrans and CST/ Marine Service Join Forces to Establish CHEMTRANS India Private Limited

Elektrans

Elektrans Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport G.m.b.H. (CST) and the consultancy and engineering company Marine Service GmbH are pleased to announce that they have concluded a joint venture agreement to set up “CHEMTRANS India Private Limited”.  An agreement setting gears in motion was signed by Mr. Daniel Chopra (Executive Chairman, Elektrans Group) and Mr. Christian Krämer (Managing Director, CST) in New Delhi, India at The Oberoi Hotel.

The strategic partnership with CST and Marine Service is in keeping with Elektrans’ vision of charting a course for growth and expanding its global footprint, by forging strategic partnerships with reputed players in the global shipping industry.  It is expected that the union based on similar values, beliefs and practices between Elektrans, a first generation family owned shipping company and CST/ Marine Service, third generation family owned companies, will generate synergies which will benefit both Elektrans and CST/ Marine Service.    

The jointly owned vehicle - CHEMTRANS India Private Limited - will be a platform to promote common activities of Elektrans, CST and Marine Service in India and the region, including servicing the growing Indian LNG and gas industry. 

The partners believe in providing high standards of client servicing.  They have a strong market reputation and are in a position to tap global networks. 

On this occasion Mr. Daniel Chopra speaking for Elektrans said, “Since its inception, Elektrans has envisioned rendering the highest standard of services to the global maritime sector. We are proud to be associated with CST and Marine Service, companies which have a solid reputation, globally, and have been providing pioneering solutions over many years, especially in the field of LNG”. He added, “This is yet another important milestone in our strategic drive and ultimate goal– to be among the best performing integrated shipping service providers, and establish ourselves as reputable shipowners trading to the highest International standards”.

Mr. Christian Krämer speaking for CST and Marine Service expressed, “We have always been at the forefront of innovation, yet stand proud of our long history and proven track record within the maritime industry. We are delighted and very much looking forward to our partnership with Elektrans Group, as we do remain confident that this will yield clear synergies and new business opportunities within India as well as greater Asia”

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, as strives to furnish the current and future requirements of the global shipping community. With an enriching industry experience of seasoned industry experts with strong global shipping exposure, the company offers cost efficient, customised, 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 key locations in India.

About Marine Service GmbH / Chemikalien Seetransport G.m.b.H. 

Marine Service GmbH, founded in 1958 by Dr. Karl-Heinz Krämer, father of the present Chairman Peter Krämer, is one of the world’s leading engineering consultancy companies in the LNG and LPG sector.

Marine Service has been involved in the planning or construction of about 20 % of the current LNG carrier fleet and is additionally among other things specialized in LNG bunkering solutions, LNG propulsion systems, FSRUs, offshore transformer platforms for wind parks and the engineering of nearly all vessel types.

Chemikalien Seetransport G.m.b.H. belongs to the same group as Marine Service and was founded in 1969. The company is a technical and commercial ship manager for all major vessel types. The group has affiliated ship management companies in Cyprus and Singapore, Chemikalien Seetransport (Cyprus) Limited and CST Belchem Pte. Ltd.

 

About Mr. Daniel Chopra: 

Elektrans Group appoints Capt. Deepak Arora to Managing Director

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. 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  an 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 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 a 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 

T- Transport 

S- Shipping

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…” 

Source: Press Release 

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