Shipping to Oil drilling Conglomerate appoints Mr. Vijay Handa as Director to spearhead the expansion and growth of Shipping Division – London based Foresight Group


08 / 10 / 2020

Foresight Group, London based Dr. Ravi K Mehrotra’s Shipping to Oil
drilling business conglomerate, today took another positive step towards
their strategic objectives of expanding the Shipping fleet of Tankers for
crude, Gas and chemical carriers. Vijay will be based at Groups’
operating HQ in Dubai-UAE and will work closely with the company’s
founder and executive chairman Dr. Ravi Mehrotra and leadership team
to navigate the Group’s mission and strategic goal of sustainable
expansion in the Shipping business.

Foresight Group established in 1984 is the fruition of Dr. Ravi K
Mehrotra’s entrepreneurship, visionary leadership which has grown the
business into the multi-billion-dollar global conglomerate which has a
fleet of offshore & land Oil rigs, Crude Carriers which are currently
operating for ADNOC (Abu Dhabi National Oil Company) , ONGC (Oil &
Natural Gas Corporation of India), Oil India and Exxon Mobil – USA.
Foresight Group is also diversifying with an innovative CNG Value Chain
Business and has entered into port-led development business by
developing a port project at Bhavnagar in India.

“Today we are excited to announce that we have brought in an
exemplary leader who will spearhead and focus on expanding
our Shipping Business – Dr. Ravi K Mehrotra”
Mr. Vijay Handa is an Indian citizen with an MBA (Marketing) & M. Sc
in Shipping from World Maritime University Malmo, Sweden. He is also
a distinguished member of Institute of Chartered Ship Brokers and
brings with him vast experience of more than 40 years in the industry.
He has spent last 16 years as Sr. Vice President with Reliance Industries
Ltd (RIL) where he was responsible for International Shipping of Crude
Oil, Clean tankers, Chemical tankers & Gas Tankers which made him one
of the largest tanker operator. He spearheaded chartering of more than
100 million tonnes per year of crude and products for one of the world’s
largest refinery complex of Reliance Industries in India. He was also
instrumental in the successful completion of a turnkey project of
developing the world’s first ethane carrier trading between USA & India
for Reliance Group. Before joining Reliance Industries, Mr. Handa spent
23years with Shipping Corporation of India (SCI) in various capacities
and was responsible for Bulk Carriers/ Tankers covering the entire scope
of Operations & Chartering.

His rich industry experience will be beneficial for the expansion of the
group’s tanker fleet of gas, crude and chemicals. He will also play a
pivotal role in the development of a CNG Vessel to commercialize
Foresight’s foray into the world’s first CNG Marine Transportation
business.

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