Mare Maritime Sets Course for India, Establishing Mumbai Headquarters
Mare Maritime, a key entity in shipping, trading, and logistics, is taking a major step by establishing its presence in India. The new headquarters in Mumbai's Bandra Kurla Complex underscores the company's strategic intent to capitalize on India's growing market. Founded by Captain Rohit Kapur, Mare Maritime has built a strong presence in Singapore, Vietnam, and Kenya, meeting the needs of various industries.The Indian expansion involves a significant investment in 22 MR Tankers, valued at approximately USD 506 million, to boost operational capacity. This venture is supported by USD 222 million in equity, with additional debt financing through a partnership with a prominent private equity firm.Managing Director Avinaash V. Rai is tasked with driving the company's growth and managing the t...










