Fleet Management Ltd. awarded at CIPA International Investment Awards 2015

Published: July 2, 2015 - 17:08

Hardnews Bureau Delhi

Fleet Management Ltd has been selected as a winner of the 2015 CIPA International Investment Awards.

The award was presented to Director and General Manager, Sunil Kapoor, by Vice-Chairman of the Cyprus Investment Promotion Agency Christos Mavrellis.

Fleet Management Ltd (or FML), located in Nicosia, has grown from having a handful of ships in 2007 to more than 35 today, making it one of the fastest growing Ship Management companies on the island. With its Head office in Hong Kong, Fleet is one of the top 4 third party ship managers of the world, with more than 350 ships being managed through its strategically located offices across the globe.

Cyprus’ location at the crossroads of Europe, Africa and the Middle East is ideal and enables FML to cater a diversified market of ship owners. The company strongly believes that the growth of the shipping sector in Cyprus will be reflected in the economic growth of the entire country.

FML’s aim is to manage more than 50 ships in Cyprus within the next couple of years. Fleet is now part of the Caravel Group and being part of a truly global business entity will further boost the company’s growth in shipping and other maritime activities in Cyprus.

The company has shown that it believes Cyprus is a destination worth investing in, one that combines the international competitive business environment with a pleasurable and balanced way of life.

(In Pic: Sunil Kapoor with the award)