Abdan has well founded plan of growth to become one of the leading Indian Shipping Company to hold maximum vessel tonnage consists of all types of vessels of both Home Trade and Foreign Going. Every segment of vessels that would be acquired for deploying to move cargoes will be well considered with the market situation and the need of the market. Abadan will go for acquisition of vessels only after ensuring the employment is available fairly for a long term. There will not be experimental efforts to acquire vessels. Abadan will follow a strict projection of revenue for the investment to reap net earning much more than the bank invested returns. By virtue of the experience and expertise of the top management, the type of vessel and profitable trading sector will be determined after well understanding the prevalent market situation and knowing well there exist a gap to fill with deployment of additional vessels. The company would also allow investment by different stake holders to provide them with good dividends and ensuring non eroding of the capital invested. Since the tax regime is based on tonnage than gross earning for ship owning companies, the return on investment into Abadan would be ensured to be very handsome. The expertise and experience with well-founded worldwide shipping fraternity connection of the top management of Abadan can also provide a great deal of opportunity for taking over of already profit-making shipping ventures as well expanding into diversification of marine related activities. The strong technological back ground of the MD would also ensure efficiency, cost savings and transparency to achieve better margin of profitability to sustain the satisfaction of the investors.
The IMO prescribed standard and strict Flag State and Port State standards of compliance makes the vessel operation on any ocean between any countries a very ease and well profitable venture. Of course, the company should be managed by well experienced shipping experts having good deal of marine knowledge and worldwide shipping connectivity, as the case of promoters of Abadan. In shipping venture, absolutely no risk for the capital invested because every vessel acquired is insured for 110% of her value and the ship insurance regime is quite different in ensuring prompt payment for the claim without any hassle. Even on the third-party injury and pollution claim too every vessel is by international standard to be covered a minimum of US$ 500 million. The income tax regime for ship owing & operation companies also quite different in as much as the taxation is based on tonnage tax which will be reasonable to encourage capital conservation for continued expansion of additional vessel acquisition. This impetus is given by many maritime countries in their taxation for shipping section is because more than 90% of the world Trade is conducted by sea and as such ships occupy pivotal role in development of worldwide trade.
The Shipping Industry serves as the barometer for the industrial activities of the world. There is a direct correlation between the high performances of the shipping industry with the GDP of any particular nation. As it happened the shipping industry went through a recession starting mid-2008 and is now it is under tremendous spur of growth especially in the Dry Bulk, Container and Tanker sector mainly because the transport of dry bulk cargoes such as Coal, Iron Ore, other minerals, containerized cargoes and crude as well oil products cannot be stopped regardless of any kind of hindrances to ensure the growth of the world economy. Today the shipping freight rates have increased to an unbelievable level owing to heavy movement of cargo worldwide after pandemic and the same is likely to continue for many years to come for sure. Looking to the robust market and the operational efficiency of the Abadan promoters with worldwide shipping connectivity, the vessels acquired and managed will be operated in the trading waters that will provide maximum and best possible charter earning for the Abadan vessels. As such every vessel of Abadan operated will provide the break-even at the end of the first year of operation itself. Thus the Abadan venture is expected to provide handsome ROI on the capital invested. This venture provides apportionment of invested capital fully in 5 years time allowing 20% capital apportionment every year plus ROI. The projected cash flow and viability is worth recognising it to be a successful venture from the start and ultimately will make Abadan as the leading shipping venture in India catering to the international trade.