Logistic
Adhira Shipping and Logistics plans London listing
With its listing, ASL, an asset-light shipping company, said it expects to achieve revenues of $1bn through its core services in mining logistics within a 10-year span.
“By bringing in new technology and equipment, Africa can improve efficiency and reduce costs in the long run. The opportunity to invest in Africa’s mining sector brings high returns with manageable risk,” said Captain Pappu Sastry, the CEO of ASL, who also revealed plans to expand beyond Africa.
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