Capt. Sharma appointed MD of Essar Shipping Ltd

Sharma takes charge of Essar Shipping

Capt. Sharma appointed MD of Essar Shipping Ltd

The Board of Directors of Essar Shipping Ltd. has appointed Capt. Anoop Sharma as the Managing Director of the company, effective November 1, 2015.

Capt. Sharma joined Essar in 2008 and until recently, served as CEO & Wholetime Director of Essar Shipping Limited. He is a Master (FG) with a Diploma in Marketing Management from Narsee Monjee Institute of Management Studies. Capt Sharma will be responsible for managing and growing the shipping business

“I would like to thank the Board for reposing their confidence and entrusting me the responsibility to further spearhead the shipping business of the company. I look forward in working with a holistic approach for the business to sail through these challenging times in the maritime industry,” Sharma said.

Essar Shipping Limited operates a diversified fleet of 26 vessels, including VLCCs, Capesize, Mini-capesize, Supramaxes, mini-bulk carriers & tugs. A sizeable part of the capacity is deployed using an optimal mix of spot markets, long-term contracts and COAs, maximising profit and insulating the company from the volatility. The Oilfields Services business provides contract drilling services to oil & gas companies across the globe. This business owns one semi-submersible rig and 14 land rigs. The company has two new jack-up rigs on order.