"Elektran Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport GmbH (CST) and the consultancy and engineering company Marine Service GmbH are pleased to announce that they have concluded a joint venture agreement to set up 'Chemtrans India Private Limited," Elektrans group said in a statement.
The agreement was signed Executive Chairman, Elektrans Group, Daniel Chopra, Managing Director and CST, Christian Kramer.
The jointly owned vehicle - Chemtrans India Private Limited - will be a platform to promote common activities of Elektrans, CST and Marine Service in India and the region, including servicing the growing Indian LNG and gas industry.
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