The Caravel Group
We identify promising business opportunities and build on them to create a sustainable, profitable, and world-class organization that drives globalization and brings positive economic impact.
Structured for success
The Caravel Group is a diversified conglomerate headquartered in the Hong Kong Special Administrative Region. Through our multiple operating units, we provide value-added solutions in three distinct business areas: maritime, commodities, and investment management. Our team is highly skilled to identify and capitalize on growth and investment opportunities within each sector. Across all our activities, we seek to emulate the agility and global impact of our namesake vessel, the Caravel.
Caravel Maritime
Third-Party ship management
Commercial and chartering services
Asset ownership and investments
Caravel Resources
Trading of industrial dry bulk commodities
Focus on raw materials for steel making and power generation
Main products traded are iron ore, coal, and coke
Caravel Asset Management
Direct investments in global liquid asset classes
Alternative investments such as private equity and hedge funds
Focus on risk management to sustaining returns through market volatility
Latest news
Long-term businesses are built through long-term commitments. The Caravel name now stands above Fleet Management Limited Andheri office in Mumbai.
Unveiled in the presence of Dr Harry S. Banga, Founder and Executive Chairman, Angad Banga, Group CEO, and Capt. Rajalingam Subramaniam, CEO of Fleet Management, the moment reflects The Caravel Group commitment to investing in the people, capabilities and businesses that support global trade.
The sign is new. The commitment behind it is not.
What does a shipowner look at when they trust Fleet with a vessel? Our officers heard it first-hand.
At the India Senior Officers Conference in Mumbai, 200 officers heard from Dr Harry Banga, Founder and Executive Chairman of The Caravel Group, Angad Banga, CEO of The Caravel Group, and Capt Raja Subramaniam, CEO of Fleet Management, on why pride and professionalism matter to the shipowners who trust us with their vessels.
Four owners and customers then shared what shapes their decisions on vessels, crews and long-term investment. Their goal is the same: ships that trade safely, reliably and efficiently.