Containerway International Ltd

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• Container International Ltd was incorporated on 1st Feb.`85 as a private limited company in the name of Containerway Agencies Pvt Ltd in the State of West Bengal. It was subsequently converted into an public limited company on 31st Jan.`95 and the name was changed to Containerway International Ltd (CWIL). CWIL has been promoted by S K Puri and S L Ganapathi. CWIL main business is international freight logistics management, providing a fully integrated service through their worldwide network. The company does Logistics Planning, cost-benefit analysis, scheduling etc. for the purposes of freight movements, Freight Booking, Documentation and Customs Clearance, Supplementary Services, cranage and haulage of empty containers from ICDs to the customer`s site and vice versa are also provided to the customers. The company is a registered multimodal operator, controlling shipments from origin to destination and providing a reliable door-to-door freight service. CWIL through its 100% subsidiary Fracht Forwading and Travels Pvt Ltd, an IATA cargo agency is in the business of clearing and forwarding airfreight. During the year Jul.`95, it came out with a public issue of 9,97,500 equity shares of Rs 10/- each for cash at premium of Rs 5/- aggregating to Rs 1.50 crores to part finance the cost of the project to expand and modernise facilities of the company.