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Capt. S.R. Patnaik

Chief Executive Officer
International Shipping & Logistics FZE

At the helm of ISL is Capt. S.R. Patnaik who belongs to a family of Mariners. He grew up in the port city of Paradip, Odisha. He had an illustrious career in the Merchant Navy for 16 yrs, where he rose from the rank of a deck apprentice to the Master of a ship. He has sailed on various types of ships ranging from Tankers, Bulk carriers and Container ships with a multi- national crew and has commanded Merchant ships for 8 yrs.After hanging up his sailing boots, he joined TMILL, a subsidiary of TATA Steel in April 2004, initially in the port division and followed by Chartering division. Recognizing his operational skills and commercial acumen, the management decided to post him in Dubai in charge of ISL in 2006 as General Manager. During this period, the main cargo was fertilizers which was moved on Handy sized Bulkers and the office was a small team of three members. Subsequently he became the Chief Operating Officer in the year 2008. ISL continued its growth curve increasing the volumes it moved as well as the commodities along with the addition of new customers to its profile. In 2011, Capt. S.R. Patnaik rose to the position of Director & CEO. ISL under the able leadership of Capt. S.R. Patnaik has maneuvered well post 2008 crisis, where most of the shipping companies performance had been quite poor. ISL has shown consistent performance Y-O-Y moving more cargo every year and ship sizes varying from Handy to Capes. Although the main shareholders are TATA Steel (51%) and NYK (26%) and Martrade (23%), ISL has learnt to grow in the open market on her own merits taking on the global giants in the field of chartering and operating. By virtue of Capt. Patnaik's vision and meticulous planning, in a span of 10 yrs Team ISL has grown from 3 to 23 members with dedicated commodity specific chartering desks. In FY 2013-14, ISL fixed plus 160 vessels & moved over 8 Mn MT of cargo (in Handy to Kamsarmax segments) and closed the year with a healthy profit. ISL's latest business venture is participation in the Indian Coastal trade. ISL runs a dedicated coastal service christened as the IGX Service on the West Coast of India in partnership with GATI Ships which plies between the ports of Mundra & Kochi on a weekly frequency.

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