India's Transworld Shipping Group is cashing in on the benefits flowing from Singapore's drive to become Asia's leading maritime centre.

The group is better known for its Indian liner arm, publicly listed Shreyas Shipping, and another subsidiary is Dubai-based feeder-containership operator Orient Express Lines (OEL).

Transworld set up two units when it came to Singapore in 1999 shipowning arm Shreyas World Navigation (SWN) and service provider/operator OEL (Singapore) Ltd (OES).