The Group owns a fleet of liquid and dry bulk carriers which caters primarily to in-house needs. As part of our integrated business model, this fleet of vessels serves to give our overall operations extra speed, flexibility and efficiency. Additional shipping requirements not served by this fleet are met by chartering-in third-party vessels.

In 2017, shipping volumes of vegetable oils and of dry bulk decreased marginally from the previous year. Despite the volatile and challenging market conditions, the shipping unit maintained a respectable profit for the year.

The Group will continue to look out for good opportunities to expand its fleet with more cost-effective vessels to support the needs of its logistics operations.

As at 31 December 2017, the Group owned and controlled 60 tankers / dry bulk vessels with a total tonnage of about 2.2 million MT.