Cyprus Mail

Top Shipping Company Celebrates 20 Years Operations in Cyprus

Fleet Management Ltd (FML), one of the top four ship management companies worldwide, with more than 350 ships under its management, 10,000 seafarers and 600 shore personnel, is celebrating its 20th Anniversary in Cyprus.

The highlight of this special celebration for the company, which is part of the Caravel Group, was a formal dinner held on September 19, at which government and other state officials together with representatives from the Cyprus shipping industry and the wider business community in Cyprus participated.

As part of this special occasion, top management representatives of the Caravel Group and FML, had a courtesy meeting with the Cyprus president. During the meeting, Harry Banga, Chairman of Caravel Group and Kishore Rajvanshy, Managing Director of FML, made a presentation on the diversified portfolio of their companies and their plans to expand further their shipping activities in Cyprus.

President Anastasiades expressed his appreciation for the commitment of FML to Cyprus and Cyprus shipping and welcomed any more initiatives for investment by the Caravel Group into Cyprus, while at the same time, outlined the current state of progress with regard to the overall Cyprus economy.

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