STOs subsidiary Maldives State Shipping Ltd (MSS) has brought in their very first vessel with Cargo to Maldives.
The first vessel named MV Iberian Express was greeted with a
water salute in Male Cargo Harbour Area at the time of its arrival. A ceremony
was held not long after to commemorate the start of MSSs services in which
Managing Director of MSS Abdulla Saeed, Managing Director of State Trading
Organisation (STO) Hussain Amir, and senior officials of Maldives Ports Limited
(MPL) and Maldives Customs Services attended.
During the ceremony, Managing Director
and CEO of State Trading Organization (STO) Hussain Amru Mohamed Rashaad said,"This is an important
step in the development of the country, for the economic sovereignty, to fulfil
the needs of the public and the country."
Maldives State Shipping (MSS) is a new shipping and
logistics company launched in 2020 offering an extensive international liner
shipping service.
MSS aims to overcome the difficulties Maldivian traders and
other businesses faced in the absence of a reliable national shipping line and
to provide employment opportunities for Maldivians in an industry other than
tourism.
MSS is owned by State Trading Organization plc. (STO), the
most reliable public company in the nation. STO has been in operation for over
50 years with many thriving subsidiaries, joint ventures and associates under
its umbrella.
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