India's Shreyas Shipping & Logistics has lined up the purchase of its biggest containership so far.

The expanding owner said agreements had been signed to acquire a 4,200-teu vessel, as well as a multipurpose (MPP) of about 650 teu.

Deliveries are expected by mid-October it said, without giving further details.

The company currently has 11 boxships, the largest of which is 2,959 teu.