Business Areas / Shipping

Overview

MSPL DIAMOND PTE LTD which is an ISO 9001: 2008 company owns four post – Panamax Dry Bulk Vessels (Sister Ships) and are primarily operating the ships in pacific region. MSPL prefers operating the ships on voyage and thus are associated with major commodity players in their freight management, offering in certain instances turnkey solutions in optimising the supply chain management costs.

The ratio of Voyage Vs Time charter is about 65: 35

MSPL limited expanded into shipping by investing in shipping assets, and incorporated a wholly owned step down subsidiary in Singapore called MSPL DIAMOND PTE LTD (MDPL).

Navigating through changing winds and challenging storms, at Baldota, we are guided by the compass of strategic decisions, actions and diversification. Our venture into the shipping business has been strategic to meet our vision to be the most trusted shipping partner to businesses across the globe. Our focus is to become a completely independent and self-sustained organisation that is capable of handling iron ore supply chain end to end.

While shipping markets continue to experience turbulence and are highly volatile, we have been able to maximise our operations by largely operating our fleet on voyage basis in spot market. In the short span of our business operations, we have been privileged to work with major players such as BHP Billiton, Rio Tinto, Vale, Anglo American, Oldendorff, Libra, JSW Steel, Agarwal coal, Gujarat NRE etc.

Baldota have been privileged to work with major players such as BHP Billiton, Rio Tinto, Vale, Anglo American, Oldendorff, Libra, JSW Steel, Agarwal coal, Gujarat NRE etc.

We are increasing the fleet profile by way of strategic alliances and acquisitions. At MDPL, we are highly focused on meeting and exceeding our customers’ expectations and in that pursuit we are constantly strategising and evolving in the business.

 

Vision
To be the most trusted shipping partner to businesses across the globe.

Mission

  • To deliver excellence through reliability, responsiveness and perseverance
  • To chart new growth plans and unlock value for all stakeholders
  • To provide an energising work culture that encourages teamwork
  • To build confidence through transparency, ethical conduct and good governance

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