Consistently delivering quality at sea since 1984
The industry formed the basis of our beginnings as a company when it was created in 1984, with our commercial shipping division built on the back of the years of in-house shipping expertise gathered by its founding members.
The team first made a name for itself operating a crude oil shuttle service during the tumultuous 1980’s in the Gulf. In 1989 the group’s flagship maritime shipping company – Foresight Shipping Limited (FSL) erstwhile Amer Shipping Limited was established in Cyprus and during that same year the group bought its first bulk carrier and two new build Reefer vessels, Amer Fuji and Himalaya from Japan.
Over the years the offshore shipping company’s fleet has consisted of container – oriented multipurpose ships, modern reefer ships, product carriers, VLCCs, and modern Aframax tankers. FSL offers a broad spectrum of services including total ship management, technical management and crewing, as well as chartering and commercial management. The operation’s fleet has been as large as 25 vessels, but a strategic sale of its reefers in 2008 avoided a market crash in the highly cyclical industry.
The business has attracted a portfolio of Oil and Gas international shipping customers by consistently offering the right services and support, when and where they are needed most. It is an approach that is constantly being reviewed and refined as the business takes a long-term approach to all of its interests and partnerships. It currently operates two oil tankers, the Kanpur and the Bareilly, each capable of handling 106,000 tonnes of crude.
FSL has strategic focus to build a fleet of 10+ Crude & Gas carriers by 2022 by adding a VLCC and VLGC. We are also working on placing new build order for dual fuel VLGC and dual fuel VLCC.