Argo Anchor Shipping Service LLC, a new force in the shipping industry, has officially launched its operations in Dubai, UAE backed by a significant investment from India-based shipping agency Lancer Container Limited.
This collaboration signals the entry of Argo Anchor Shipping Service into the NVOCC and freight forwarding market, with plans to commandeer 5,000 TEUs by the end of 2023 and 15,000 TEUs by the end of the next year.
“This strategic alliance underscores mutual confidence and a shared commitment to transforming the NVOCC landscape,” said Argo Anchor, which specialises in a comprehensive range of services, including NVOCC, freight forwarding, warehousing, and transportation.
The company has chosen Dubai as its base aiming to leverage the city’s world-class infrastructure and strategic location and wanting to be an important player in Dubai’s shipping industry.
“As we set sail on this exciting journey, our vision extends far beyond being a player in the NVOCC market,” stated Anirudh Mohan, CEO of Argo Anchor. “We envision offering end-to-end services encompassing freight forwarding, warehousing, transportation, and more. Our commitment to innovation and adaptability will be the driving force behind achieving this ambitious goal.”
Argo Anchor envisions a dynamic future, aspiring to be a comprehensive logistics solution provider. Beyond establishing a strong presence in the NVOCC market, the company’s goal is to delve into every facet of the logistics landscape.
“From freight forwarding to warehousing, transportation, and beyond, Argo Anchor aims to be a one-stop-shop for all logistics needs,” highlighted the company.
Abdul Khalik Chataiwala, chairman and managing director of Lancer Container Lines, commented, “We have placed our trust in Argo Anchor’s young and dynamic team, recognising their passion, innovation, and commitment to excellence. As a public-listed company in India, we understand the importance of strategic partnerships, and we believe that Argo Anchor has the potential to redefine the logistics landscape. Our confidence in this venture is a testament to Argo Anchor’s capabilities and our shared vision for the future of the shipping and logistics industry.”
