Core businesses
Shipping
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Laying The Foundations
The maritime shipping services business is at the heart of the diversified Foresight group. It’s not only the first business set up by the group in 1984, but also the realization of our founder’s dream (Dr Ravi K Mehrotra began his career as a marine engineering officer).In September 2020, the board approved an aggressive expansion plan to own and operate a fleet of 15 tankers by 2025
Staying Steady In A Storm
Foresight Shipping Limited, erstwhile Amer Shipping Limited, earned a reputation for trust, reliability and efficiency while operating crude oil shuttle services in the turbulent Gulf region, during the Gulf War in the late 1980s.Building A Fleet
Till 2008, shipping was the flagship division of the group and had a fleet of over 24 ships across reefers, container ships and tankers. Showing exemplary business acumen, the division sold a majority of its fleet just before the 2008 financial crisis.
From one bulk carrier and two newly-built reefer vessels in 1989, the company, over the last three decades, has owned and operated multi-purpose vessels, reefers, container ships, a cruise liner, Aframax, VLGC and VLCC tankers.