New Delhi, Apr 29 (PTI) Swan Defence and Heavy Industries Limited (SDHI) on Tuesday said it has signed an agreement with Wheel & Time Shipping Transport Logistics, a specialist in moving heavy and oversized cargo.

SDHI, in a statement said, with the alliance, it has launched the integrated F.A.S.T. (Fabrication, Assembly, Storage, and Transportation) commercial logistics ecosystem at its state-of-the-art shipyard in Pipavav, Gujarat.

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The partnership will benefit high-value, time-sensitive projects and will target clientele dealing with material handling equipment at ports, marine infrastructure, petrochemicals, offshore EPC, oil & gas infrastructure and heavy engineering, the statement added.

SDHI director Vivek Merchant said the F.A.S.T. logistics ecosystem allows EPC contractors and heavy industry players to concentrate on innovation and last-mile delivery.

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Wheel & Time Shipping Transport Logistics managing director Gautamraj Sharma said the F.A.S.T. logistics ecosystem will enable clients to de-risk projects and improve certainty across timelines, execution, and delivery.

Swan Defence and Heavy Industries Limited (SDHI), formerly RNAVAL, is India's shipbuilding and heavy fabrication company, strategically located on the west coast of India.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)